Adolphus Pierre - Realtor

Adolphus Pierre - Realtor Adolphus Pierre working with Pearson Smith Realty, serving the Northern Virginia and Washington, DC.
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What Does the Future Hold for Home Prices?
09/06/2018
What Does the Future Hold for Home Prices?

What Does the Future Hold for Home Prices?

Home prices are at the top of everyone’s minds. Can they maintain their current pace of appreciation? Will rising mortgage rates negatively impact home values? Will the next economic slowdown cause prices to crash? Let’s try to answer these questions based on what has happened in the past as wel...

Homeownership is a Dominant Gene
09/05/2018
Homeownership is a Dominant Gene

Homeownership is a Dominant Gene

There are many things that factor into the decision to buy a home. New research from the Urban Institute suggests that one of those things may be inherited from your parents. Children are More Likely to Own a Home if Their Parents Did According to an analysis of millennial homeowners, the homeowne

Rents Are on The Rise: Don’t Get Caught in The Rental Trap!
09/04/2018
Rents Are on The Rise: Don’t Get Caught in The Rental Trap!

Rents Are on The Rise: Don’t Get Caught in The Rental Trap!

There are many benefits to homeownership, but one of the top benefits is protecting yourself from rising rents by locking in your housing cost for the life of your mortgage. Don’t Become Trapped A recent article by Apartment List addressed rising rents by stating: “Our national rent index is up

5 Reasons You Should Sell This Fall!
09/03/2018
5 Reasons You Should Sell This Fall!

5 Reasons You Should Sell This Fall!

Here are five reasons why listing your home for sale this fall makes sense. 1. Demand Is Strong The latest Buyer Traffic Report from the National Association of Realtors (NAR) shows that buyer demand remains very strong throughout the vast majority of the country. These buyers are ready, willing a

A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC]
08/31/2018
A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC]

A+ Reasons to Hire a Real Estate Pro [INFOGRAPHIC]

Some Highlights: Hiring a real estate professional to help you buy your dream home or sell your current house is one of the most 'educated' decisions you can make! A real estate professional has the experience needed to help you through the entire process. Make sure that you hire someone

Why are Existing Home Sales Down?
08/30/2018
Why are Existing Home Sales Down?

Why are Existing Home Sales Down?

The latest Existing Home Sales Report issued by the National Association of Realtors (NAR) revealed that home sales have decreased for four consecutive months and are at their slowest pace in over two years. This has some industry leaders puzzled considering the fact that the economy is strengthenin

Top 3 Myths About Today’s Real Estate Market
08/29/2018
Top 3 Myths About Today’s Real Estate Market

Top 3 Myths About Today’s Real Estate Market

There are many conflicting headlines when it comes to describing today’s real estate market. Some are making comparisons to the market we experienced 10 years ago and are starting to believe that we may be doomed to repeat ourselves. Others are just plain wrong when it comes to what it takes to qu...

Home Sales Expected to Continue Increasing in 2019
08/28/2018
Home Sales Expected to Continue Increasing in 2019

Home Sales Expected to Continue Increasing in 2019

Freddie Mac, Fannie Mae, and the Mortgage Bankers Association are all projecting that home sales will increase nicely in 2019. Below is a chart depicting the projections of each entity for the remainder of 2018, as well as for 2019. As we can see, Freddie Mac, Fannie Mae, and the Mortgage Ban

Rent or Buy: Either Way You’re Paying A Mortgage!
08/27/2018
Rent or Buy: Either Way You’re Paying A Mortgage!

Rent or Buy: Either Way You’re Paying A Mortgage!

There are some people who have not purchased homes because they are uncomfortable taking on the obligation of a mortgage. Everyone should realize, however, that unless you are living with your parents rent-free, you are paying a mortgage – either yours or your landlord’s. As Entrepreneur Magazin...

What State Gives You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]
08/24/2018
What State Gives You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]

What State Gives You the Most ‘Bang for Your Buck’? [INFOGRAPHIC]

Some Highlights: The majority of states in the Midwest and South offer a lower cost of living than states in the Northeast and West. The ‘biggest bang for your buck’ comes in Mississippi where, compared to the national average, you can actually purchase $115.74 worth of goods for $100. Fo

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market?
08/23/2018
What Does the Recent Rash of Price Reductions Mean to the Real Estate Market?

What Does the Recent Rash of Price Reductions Mean to the Real Estate Market?

Last week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report: There are more price cuts now than a year ago in over two-thirds of the nation's largest metros About 14% of all listings had a price cut in Jun

Having Trouble Saving Enough for Your Down Payment? Crowdfund It!
08/22/2018
Having Trouble Saving Enough for Your Down Payment? Crowdfund It!

Having Trouble Saving Enough for Your Down Payment? Crowdfund It!

You read that right! First-time buyers across the country are getting creative when it comes to saving the necessary down payment to buy a home. Many couples are asking their wedding guests to contribute to their “Down Payment Fund” rather than fulfilling a traditional registry. This is fueled b...

5 Real Estate Reality TV Myths Explained
08/21/2018
5 Real Estate Reality TV Myths Explained

5 Real Estate Reality TV Myths Explained

Have you ever been flipping through the channels, only to find yourself glued to the couch in an HGTV binge session? We’ve all been there, watching entire seasons of “Love it or List it,” “Million Dollar Listing,” “House Hunters,” “Property Brothers,” and so many more all in one si...

The Net Worth of a Homeowner is 44x Greater Than A Renter!
08/20/2018
The Net Worth of a Homeowner is 44x Greater Than A Renter!

The Net Worth of a Homeowner is 44x Greater Than A Renter!

Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest survey data, covering 2013-2016 was recently released. The study revealed that the median net worth of a homeowner was $231,400 – a 15%

The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]
08/17/2018
The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

The Cost of Waiting: Interest Rates Edition [INFOGRAPHIC]

Some Highlights: Interest rates are projected to increase steadily heading into 2019. The higher your interest rate, the more money you end up paying for your home and the higher your monthly payment will be. Rates are still low right now – don’t wait until they hit 5% to start searching

Housing Market: Another Gigantic Difference Between 2008 and 2018
08/16/2018
Housing Market: Another Gigantic Difference Between 2008 and 2018

Housing Market: Another Gigantic Difference Between 2008 and 2018

Some are attempting to compare the current housing market to the market leading up to the “boom and bust” that we experienced a decade ago. They look at price appreciation and conclude that we are on a similar trajectory, speeding toward another housing crisis. However, there is a major differen...

Homebuyers Willing to Sacrifice ‘Must-Haves’ in Favor of Good School Districts
08/15/2018
Homebuyers Willing to Sacrifice ‘Must-Haves’ in Favor of Good School Districts

Homebuyers Willing to Sacrifice ‘Must-Haves’ in Favor of Good School Districts

It should come as no surprise that buying a home in a good school district is important to homebuyers. According to a report from Realtor.com, 86% of 18-34 year-olds and 84% of those aged 35-54 indicated that their home search areas were defined by school district boundaries. What is surprising,

Have You Outgrown Your Starter Home?
08/14/2018
Have You Outgrown Your Starter Home?

Have You Outgrown Your Starter Home?

For many Americans, buying their first home is their first taste of achieving part of the American Dream. There is a sense of pride that comes along with owning your own home and building your family’s wealth through your monthly mortgage payment. It may seem hard to imagine that the first home y

Are You Thinking of Selling Your Home? Competition Is Coming!
08/13/2018
Are You Thinking of Selling Your Home? Competition Is Coming!

Are You Thinking of Selling Your Home? Competition Is Coming!

The number of building permits issued for single-family homes is the best indicator of how many newly built homes will rise over the next few months. According to the latest U.S. Census Bureau and U.S. Department of Housing & Urban Development Residential Sales Report, the number of building per

Existing Home Sales Cooling Off This Summer [INFOGRAPHIC]
08/10/2018
Existing Home Sales Cooling Off This Summer [INFOGRAPHIC]

Existing Home Sales Cooling Off This Summer [INFOGRAPHIC]

Some Highlights: According to the National Association of Realtors’ latest Existing Home Sales Report, sales in June were down 2.2% from last year. Inventory of homes for sale showed a modest improvement of 0.5% over last year’s figures, but still remains under the 6-month supply needed for

Supply & Demand Will Determine Future Home Values
08/09/2018
Supply & Demand Will Determine Future Home Values

Supply & Demand Will Determine Future Home Values

Will home values continue to appreciate throughout 2018? The answer is simple: YES! – as long as there are more purchasers in the market than there are available homes for them to buy. This is known as the theory of “supply and demand,” which is defined as: “The amount of a commodity, produc...

The Wave of Millennial Homebuyers Continues to Swell
08/08/2018
The Wave of Millennial Homebuyers Continues to Swell

The Wave of Millennial Homebuyers Continues to Swell

Many have written about the millennial generation and whether or not they, as a whole, believe in homeownership as a part of attaining their American Dream. Comparatively speaking, millennials have taken longer to obtain traditional milestones (like getting married, having kids and buying a home)

5 Reasons to Hire a Real Estate Professional Before Entering the Market!
08/07/2018
5 Reasons to Hire a Real Estate Professional Before Entering the Market!

5 Reasons to Hire a Real Estate Professional Before Entering the Market!

Whether you are buying or selling a home, it can be quite the adventure. In this world of instant gratification and internet searches, many sellers think that they can ‘For Sale by Owner’ or ‘FSBO,’ but it’s not as easy as it may seem. That’s why you need an experienced real estate profe...

Millionaire to Millennials: Owning Your Home Can Help You Retire Sooner!
08/06/2018
Millionaire to Millennials: Owning Your Home Can Help You Retire Sooner!

Millionaire to Millennials: Owning Your Home Can Help You Retire Sooner!

In a CNBC article, self-made millionaire David Bach explained that: “Buying a home is the escalator to wealth in America. Homeownership can also help you retire early, that is, if you pay your mortgage off.” Bach suggests that homebuyers should, “Take out a 30-year mortgage, but with the inten...

Home Buying Myths Slayed [INFOGRAPHIC]
08/03/2018
Home Buying Myths Slayed [INFOGRAPHIC]

Home Buying Myths Slayed [INFOGRAPHIC]

Some Highlights: The average down payment for first-time homebuyers is only 6%! Despite mortgage interest rates being over 4%, rates are still below historic numbers. 88% of property managers raised their rents in the last 12 months!

Are Lending Standards Propping Up Home Prices?
08/02/2018
Are Lending Standards Propping Up Home Prices?

Are Lending Standards Propping Up Home Prices?

Back in 2005, Federal Reserve Chairman Alan Greenspan described the dramatic increases in residential real estate values as a “froth in housing markets.” Greenspan went on to say: “The increase in the prevalence of interest-only loans and the introduction of more-exotic forms of adjustable-rat...

Address

43777 Central Station Drive
Ashburn, VA
20147

Opening Hours

Monday 09:00 - 20:00
Tuesday 09:00 - 20:00
Wednesday 09:00 - 20:00
Thursday 09:00 - 20:00
Friday 09:00 - 20:00
Saturday 10:00 - 18:00
Sunday 10:00 - 18:00

Telephone

(703) 943-8180

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