Chaika Your KW Global Property Specialist

Chaika Your KW Global Property Specialist Global Real Estate Marketing.
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Working with a foreign investor right now!  Grateful for the opportunity to learn more about how to finance his purchase...
04/28/2017
More Hurdles Ahead for Foreign Investors

Working with a foreign investor right now! Grateful for the opportunity to learn more about how to finance his purchase with an L1 Visa. #outsidetheboxfinancing #privatelender #patience

If the U.S. were to introduce substantive policy change and adopt an isolationist stance, that could potentially prompt foreign investors to hit the pause button or take a more wait-and-see approach.

New development coming to Tyson's on Route 7!
02/17/2017
"Dominion Square West" Approved in Tysons

New development coming to Tyson's on Route 7!

Cars will give way to people in the latest mixed use development in Tysons approved by the Board of Supervisors on Feb. 14, 2017.

People often ask me how the real estate market is doing. Well, it depends on who you are, a buyer, seller, or renter.
06/01/2016
When Is It A Good Time To Rent? Definitely NOT NOW!

People often ask me how the real estate market is doing. Well, it depends on who you are, a buyer, seller, or renter.

People often ask whether or not now is a good time to buy a home. No one ever asks when a good time to rent is. However, we want to make certain that everyone understands that today is NOT a good time to rent.

Just another reason why I love living in Great Falls!  I had no idea they grew their own produce, truly farm to table.
04/27/2016
Great Falls: Chez Francois Celebrates 40 Years

Just another reason why I love living in Great Falls! I had no idea they grew their own produce, truly farm to table.

One of Jacques biggest changes is the creation of two huge gardens on the back part of the property. At the height of the summer, the gardens can supply the restaurant with all the produce it needs.

Homes Continue to Sell Quickly Nationwide
04/27/2016
Homes Continue to Sell Quickly Nationwide

Homes Continue to Sell Quickly Nationwide

The National Association of Realtors (NAR) recently released their latest Existing Home Sales Report, which revealed that homes were on the market for an average of 47 days in March. This is a decrease from the 59 days reported in February, as well as the 52 days reported back in March 2015.

02/18/2016

Are you looking for an international investment or do you already have one you want to sell? Call me, I can help!

I am ready!  How about you?  “All indicators point to this spring being the busiest since 2006…"
02/11/2016
Final 2015 Housing Numbers Now In

I am ready! How about you?
“All indicators point to this spring being the busiest since 2006…"

Many have questioned the stability of certain sectors of the U.S. Economy, one section in particular is the housing market. Today we would like to share how the experts feel about how we ended 2015 and where they think we are headed in 2016. How did we do in 2015? The National Association of R

Hey, that's me!  "Look for someone with the ‘heart of a teacher,’ who comes in prepared well enough to explain the c...
02/10/2016
What You Don’t Need To Hear From Your Listing Agent

Hey, that's me! "Look for someone with the ‘heart of a teacher,’ who comes in prepared well enough to explain the current real estate market and patient enough to take the time to show how it may impact the sale of your home."

You’ve decided to sell your house. You begin to interview potential real estate agents to help you through the process. You need someone you trust enough to: Set the market value on possibly the largest asset your family owns (your home) Set the time schedule for the successful liquidation of

02/04/2016
IRA Video Library - Introduction to Real Estate IRA Investing

Did you know you could purchase real estate with your IRA? Learn about self directed IRA's and how they could work for you in purchasing investment property. Contact me for all your real estate investment needs!

Your information is NOT shared. We would love to hear from you and answer any questions you might have about Self-Directing your retirement! Please complete the information below, and we will get in touch with you shortly.

Punxsutawney Phil Did Not See His Shadow.  It's going to be an early Spring!  Should you wait to sell?
02/02/2016
No Matter Which Groundhog You Listen To, You Should Sell Before Spring!

Punxsutawney Phil Did Not See His Shadow. It's going to be an early Spring! Should you wait to sell?

Is spring closer than we think? Depending on which Groundhog you witnessed today, you may have less time than you think to get your home on the market before the busy spring season. Many sellers feel that the spring is the best time to place their home on the market as buyer demand traditionally

You don't have to be a Harvard grad to understand why owning a home makes more sense than renting.
02/01/2016
Harvard: Why Owning A Home Makes Sense Financially

You don't have to be a Harvard grad to understand why owning a home makes more sense than renting.

We have reported many times that the American Dream of homeownership is alive and well. The personal reasons to own differ for each buyer, with many basic similarities. Eric Belsky, the Managing Director of the Joint Center of Housing Studies at Harvard University expanded on the top 5 financial

Checking in on the market, according to Realtor.com property searches are up in January suggesting a strong Spring marke...
01/30/2016
Existing Home Sales Bounce Back [INFOGRAPHIC]

Checking in on the market, according to Realtor.com property searches are up in January suggesting a strong Spring market. I wonder how many of those searches were due to the Snowzilla, Snownami, or otherwise known as Jonas? I bet there were a lot of people looking for a warmer climate!

Some Highlights: Sales in December were 14.7% higher than those in November, marking the largest month-over-month increase ever recorded. Inventory levels are still below historic norms at 3.9-months supply. Median home price is up 7.6% from last year, marking the 46th consecutive month wi

On the flip side, if you are a buyer and find a great property, make an offer, it may not be there next Sunday.
01/04/2016
Top Reason to List Your House For Sale Now!

On the flip side, if you are a buyer and find a great property, make an offer, it may not be there next Sunday.

If you are debating listing your house for sale this year, here is the #1 reason not to wait! Buyer Demand Continues to Outpace the Supply of Homes For Sale The National Association of REALTORS’ (NAR) Chief Economist, Lawrence Yun recently commented on the inventory shortage: “While feedbac

Open House today 1-4pm in a Great Falls! Seriously hipster, contemporary home with Cali-Hawaii vibe. Love it! 207 River ...
12/13/2015

Open House today 1-4pm in a Great Falls! Seriously hipster, contemporary home with Cali-Hawaii vibe. Love it! 207 River Park Drive sits on 1.75 acres off of Beachmill Rd. 4 bdrm, 3.5 bath, hardwood floors, floor to ceiling windows, updated kitchen and baths, pool. Asking $1,299,900

Happy Aloha Friday!  Good News for the Nation.
12/11/2015
Foreclosure Inventory Drops As Economy Improves [INFOGRAPHIC]

Happy Aloha Friday! Good News for the Nation.

Some Highlights: Foreclosure Inventory has dropped year-over-year for the last 4 years (48 months). Only 3.4% of US homes are in serious delinquency. 29 states have a foreclosure inventory rate lower than the national average. For more information you can download the full report her

12/04/2015

From Glen Bralley at McLean Mortgage:

By now almost every “expert” is predicting a .25% rate increase by the Fed on December 16th. This will cause volatility in the mortgage rate market but it doesn’t always translate into “.25%” higher mortgage rates. A little info below on how that impacts the buyer. More on this as the details unfold.

- Every .25% increase in mortgage rates increases the monthly payment by approximately 3% monthly. About $15 per 100k of loan amount. On a $350k mortgage that’s about $50 per month.

- Every .25% increase in mortgage rate reduces the buyers purchasing power by about 2.5% in Sales price.

NOW the good news! Next week we should have the details on a few new programs – GRANT money program, 3% down conventional with less constraints & a 95% loan to value to $625,500 loan amount. I will get you details on these just as soon as they are released.

Hawaii and Virginia Home prices are both projected to rise in value in the 5%tile range.  Of course Hawaii prices will i...
12/03/2015
Prices & Mortgage Rates Going Up in 2016

Hawaii and Virginia Home prices are both projected to rise in value in the 5%tile range. Of course Hawaii prices will increase more than Virginia, not surprising.

The monthly mortgage payment on a home is determined by two elements: the price of the house and the interest rate you pay on your mortgage. Recently released reports are revealing that the experts expect both elements to increase in 2016. HOME PRICES CoreLogic has projected a nationwide 5.2%

Ouch!  If you are on the fence check out the info graphic on your purchasing power compared to interest rate hike.
12/01/2015
The Impact of Higher Interest Rates

Ouch! If you are on the fence check out the info graphic on your purchasing power compared to interest rate hike.

Last week, an article in the Washington Post discussed a new ‘threat’ homebuyers will soon be facing: higher mortgage rates. The article revealed: “The Mortgage Bankers Association expects that rates on 30-year loans could reach 4.8 percent by the end of next year, topping 5 percent in 2017. Ra

Existing Home Sales Up 3.9% [INFOGRAPHIC]
11/28/2015
Existing Home Sales Up 3.9% [INFOGRAPHIC]

Existing Home Sales Up 3.9% [INFOGRAPHIC]

Some Highlights: The annual adjusted sales are currently at a 5.36 million pace. 14,684 homes sell every day in the United States. October marked the 44th consecutive month of price gains.

The benefits of home ownership.
11/25/2015
Equity Matters A LOT... Just Ask Freddie Mac

The benefits of home ownership.

There are many reasons, both financial and non-financial, that homeownership remains an important part of the American Dream. One of the biggest reasons is the fact that it helps build family wealth. Recently, Freddie Mac wrote about the power of home equity. They explained: “In the simplest te

Shopping for a mortgage? Contact Glen Bralley at McLean Mortgage.
11/21/2015

Shopping for a mortgage? Contact Glen Bralley at McLean Mortgage.

Are you single, or know anyone who is?
11/20/2015
Singles Are Falling For Their Dream Home [INFOGRAPHIC]

Are you single, or know anyone who is?

Some Highlights: 24% of all recent home buyers were single at the time of purchase 47% of single men cite the desire to own a home of their own as the primary reason to buy 18% of first-time buyers were single women

Fannie Mae borrowers may no longer need to worry about collecting pay stubs for a home loan application.
11/20/2015
McLean Mortgage Corporation » Fannie Mae To Make Home Ownership Easier

Fannie Mae borrowers may no longer need to worry about collecting pay stubs for a home loan application.

Borrowers may no longer need to worry about collecting pay stubs for a home loan application. Residential finance company Fannie Mae announced that it would allow lenders to use employment and income information from a database operated by credit bureau Equifax to verify borrowers’ creditworthiness.…

Want to maximize your homes exposure to buyers?
11/18/2015
How to Get the Most Money from the Sale of Your House

Want to maximize your homes exposure to buyers?

Every homeowner wants to make sure they maximize the financial reward when selling their home. But, how do you guarantee that you receive maximum value for your house? Here are two keys to insuring you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive. How

88% of property owners raised their rent in the last 12 months.
11/13/2015
Slaying Myths About Buying A Home [INFOGRAPHIC]

88% of property owners raised their rent in the last 12 months.

Some Highlights: Interest Rates are still below historic numbers. 88% of property managers raised their rent in the last 12 months! Credit score requirements to be approved for a mortgage continue to fall. The 723 average score is the lowest since Ellie Mae began reporting on scores in Aug

Rental rates are predicted to rise in the next year.
11/10/2015
Homeownership Builds Wealth and Offers Stability

Rental rates are predicted to rise in the next year.

The most recent Housing Pulse Survey released by the National Association of Realtors revealed that the two major reasons Americans prefer owning their own home instead of renting are: They want the opportunity to build equity. They want a stable and safe environment. Building Equity I

Age 61, hmmm, that gives me about 10 years. “Crossing the Freedom Threshold”, when where you live is no longer deter...
11/07/2015
Baby Boomers Finding Freedom In Retirement

Age 61, hmmm, that gives me about 10 years. “Crossing the Freedom Threshold”, when where you live is no longer determined by responsibilities, but rather a freedom to live wherever you like. Do you know where you are going to live? I know many of my Hawaii friends will not be able to relate to this concept, because they already live where they want to retire!

Within the next five years, Baby Boomers are projected to have the largest household growth of any other generation during that same time period, according to the Joint Center for Housing Studies of Harvard. Let’s take a look at why… In a recent Merrill Lynch study, “Home in Retirement: More

Rates jumped up today with the better than expected labor numbers and talk of a Fed rate hike at the December meeting. H...
11/06/2015

Rates jumped up today with the better than expected labor numbers and talk of a Fed rate hike at the December meeting. Here is the McLean Mortgage Rate Sheet.

What you need to know from Fannie Mae.
11/06/2015
Fannie Mae's Housing Forecast [INFOGRAPHIC]

What you need to know from Fannie Mae.

Some Highlights: 30-year fixed mortgage rates are projected to increase steadily over the next year. Housing Starts will well surpass 2015 numbers. Home Sales will reach an annual rate of over 6 million by the fourth quarter of 2016.

New report from NAR just out.  Women made up 16% of first time home buyers, falling to 15%, while men stayed flat at 9%....
11/06/2015

New report from NAR just out. Women made up 16% of first time home buyers, falling to 15%, while men stayed flat at 9%. Why are single women almost twice as likely to invest than single men?

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11700 Plaza America Dr, Ste 150
Reston, VA
20190

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