HISTORY LESSON

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In 2003, “The Lord of the Rings” won the Oscar for best movie, Beyonce’s “Crazy in Love” was the best-selling song, and the Tampa Bay Buccaneers beat the Oakland Raiders to win the Super Bowl.  Thirty year fixed-rate mortgages were 6 1/4%.

In 1993, it was “Schindler’s List” taking down the Oscar and Mariah Carey selling the most with “Dream Lover.”  And local fans turned away from the TV as the Cowboys topped the Bills in the Super Bowl.  Thirty year fixed-rate mortgages were 7%.

In 1983,  the Oscar went to “Terms of Endearment,”  “Every Breath You Take, ” by the Police, was the best-selling song.  And, it was happy times here as the Redskins beat the Dolphins in the Super Bowl.  Thirty year fixed -rate mortgages, which had touched 18% in 1980′ were now down to a relatively palatable 13 7/8%.  Whoa!

So, where are we now in 2013?  We’ll have to wait to know who garnered the movie, music, and football awards.  However, the one thing we do know is that today’s interest rates are spectacular compared to the past.  If you’re interested in buying your first home or moving up to something new, become part of what will eventually be listed as being the best time to buy in history!!

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Local Events

Local Events

The annual Fall Festival will be held Saturday, October 5th from 1:00 to 7:00 pm, and is presented by the Brambleton Community Association. This Loudoun County tradition will celebrate the season with rides and amusements, live music, kids activities, face painters, food vendors, beer, vendor marketplace and more, including the 2nd Annual Cornhole Challenge, a charity event that will donate 100% of the proceeds to Camp Kesem.   Click here for all the details.

We did it again!

The Gus Anthony Team makes the TOP 25 AGAIN!! Thank you to our loyal family (our clients!)

Top Questions Every First-Time Home Buyer Should Ask

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The best real estate agents will ask their first-time buyers to create a wish list of everything they would like to have in a home and group them into these four categories:

  1. Location – If you have children, where will they attend school, what about your commute to work, where do your friends and family live.
  2. Size – How many people are in your family, do you need extra storage, what about full bathrooms or plans to grow your family.
  3. Amenities – Do you have hobbies like cooking, would you like to have a swimming pool, a fireplace or carpet vs hardwood floors.
  4. Condition – Watch a lot of HGTV and ready to start a project or do you have a busy life and other activities to enjoy.

Your fun activities and family lifestyle should fit around your home. So remember to think about how you plan to use your home (besides just a place to live) when your ready to become a homeowner.

What are the top questions on your mind when looking for your first home?

Skills every homeowner should know: Making friends with your neighbors

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What’s one of the greatest free resources you have in your neighborhood? You neighbors. They may be your watchdogs for your home when you’re away on vacation or at work. You wouldn’t want to start off on the wrong foot. Plus when your kids lose their toys and balls over the fence every weekend, you want to be sure they’ll get them back in working condition without fear. So here are a few ways you can introduce yourself and make friends with your neighbors. Continue reading

Real Estate ABCs: Earnest money deposit

Today is brought to you by the letter “E.” “E” is for “earnest money deposit.” Continue reading

Skills every homeowner should know: How to pick an interior lock

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Oops! You locked yourself out of your own bedroom…Now what? Well it’s actually quite simple. Just run into it really really hard, shoulder first. Just kidding. Please don’t do that. Instead try this: Continue reading

Housing patterns across America from Houzz.com

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I found this Ideabook on Houzz.com this morning. If you’ve never been to that website you’re really missing out. But anyway this Ideabook features aerial view of different suburban neighborhoods (“suburban sprawl”) throughout the United States. It’s very interesting to see your neighborhood from a different point of view. You can also see the logic (and in some cases lack thereof) in the design of these subdivisions. More after the jump. Continue reading

Real Estate ABCs: Depreciation

This one is pretty simple. Depreciation is the decline in the value of property. According to Realestateabc.com it “is also an accounting term which shows the declining monetary value of an asset and is used as an expense to reduce taxable income. Since this is not a true expense where money is actually paid, lenders will add back depreciation expense for self-employed borrowers and count it as income.” So that’s all we have for today. A simple but very important term to know and understand.