Category Archives: First Time Buyers



Are You A Satisficer or Maximizer?

Yes, satisifcer is a word, at least according to Barry Schwartz, a Swarthmore College professor and author of The Paradox of Choice. If you are not a satisficer, you are probably a maximizer.  Whichever mindset you employ will dictate how you search for a home. More on that shortly. I was introduced to the satisficer/maximizer […]


Ben Bernanke Can’t Get a Mortgage?

Yesterday in a report on Bloomberg News and picked up by other services, it was reported that Ben Bernanke, while speaking at an investment conference,  stated he recently tried to refinance his mortgage and his application was denied.  Huh?  The former Fed Chair can’t get a mortgage?  Is this a joke?  It is not.  Upon […]





What will $500,000 buy in Northern Virginia?

Buckle up and let’s take a ride west on Rt 66 starting in Arlington and ending up in Gainesville with stops in  Vienna, Fairfax and Centreville along the way.  A $500,000 purchase surely is different in each market.  This little exercise demonstrates the dilemma most buyers have regardless of price point.  Is it better to […]



September Stats Show Shift

(Say that quickly!)    I usually just post the monthly numbers in the Market Stats section of the website and do not comment on the numbers but there was one number in the September results that showed a small turn in the market.  Most people tout the change in average price as an indicator in […]