Planning a Sale or Purchase in Hayfield Farm Alexandria, VA. What if you wait a year to make the move? The focus of this post will cover why Hayfield Farm owners, sellers and buyers may not want to wait a year if they are planning a move in the near and begins just after the area information.

FOR SALE COMING SOON IN HAYFIELD FARM

In the next few weeks I will be brining a Hayfield Farm Home on the market - The property has

• Spacious Kitchen Addition with eat-in-counter plus breakfast nook
• 5 Bedrooms - Including very spacious Master Bedroom Suite Addition
• 2.5 Baths
• Formal Living Room
• Family Room
• Formal Dining Room
• And much, much more!

If you are in the market for a new home and would like to be on the list of those to first receive updates about this home.

This email address is being protected from spambots. You need JavaScript enabled to view it. or Call Me (703) 585-4687

Originally Posted At: https://www.comehomevirginia.com/hayfield-farm-homes-for-sale-alexandria-va

HAYFIELD FARM NEIGHBORHOOD INFORMATION

The Hayfield Farm neighborhood is located in the Alexandria area of Fairfax County. Hayfield Farms subdivision consists of 689 single family detached homes built in the 1960's and 1970's most of the models are Colonial or Split-level floorplans with 3-4 bedrooms being the most typical.

Hayfield Farms has much to offer home owners near shopping includes:

Hayfield Plaza Shopping Center, Kingtowne Towne Center
Grocery Stores within minutes include: Wegmans, Giant Food, Shoppers Food & Pharmacy & Safeway.

Parks near or adjact to Hayfield Farm 

Huntley Meadows Park, Lee District RECenter are both within minutes of the community and Huntley Meadows Park actual forms the communities eastern boarder.

Golf: Greendale Golf Course and a Top Golf are nearby.

Swimming Club Hayfield Farm Swim Club
And so much more... See below to Search Hayfield Farm Homes For Sale and Sold

What If I Wait A Year To Buy A Home in Hayfield Farm?

We recently shared that national home prices have increased by 6.7% year-over-year. Over that same time period, interest rates have remained historically low which has allowed many buyers to enter the market.

As a seller, you will likely be most concerned about ‘short-term price’ – where home values are headed over the next six months. As a buyer, however, you must not be as focused on price increases, but instead about the ‘long-term cost’ of the home.

The Mortgage Bankers Association (MBA), Freddie Mac, and Fannie Mae all project that mortgage interest rates will increase by this time next year. According to CoreLogic’s most recent Home Price Index Report, home prices will appreciate by 5.2% over the next 12 months.

 CLICK MAP TO SEARCH HAYFIELD FARM ALEXANDRIA

HOMES FOR SALE & SOLD

What Does This Mean as a Buyer?

If home prices appreciate by 5.2% over the next twelve months as predicted by CoreLogic, here is a simple demonstration of the impact that an increase in interest rate would have on the mortgage payment of a home selling for approximately $250,000 today:

Please note the chart and data created from data by Freddie Mac & Corelogic and are based on average national home prices. For Hayfield Farm based on recent sale prices the numbers would need to be adjusted upward as most homes have recently been selling in the mid $500,000 or greater range.

Bottom Line

If buying a home is in your plan for this year, doing it sooner rather than later could save you thousands of dollars over the terms of your loan. Let's get together and discuss your goals and desires. This email address is being protected from spambots. You need JavaScript enabled to view it. (703) 585-4687

This information about The Impact If You Wait A Year is brought to you courtesy of 
DaveMartin Realty Group, your Northern Virginia residential real estate experts. If you're considering selling or buying a house in the Northern Virginia metro area, we'd love an opportunity to earn your business, provide you an outstanding experience, and demonstrate to you that:

"Help From The Best Agent Makes All The Difference."

Original source Dave's STM blog ... 

REAL ESTATE NEWS AND ADVICE:

Sellers These Are The Features Home Buyers Want Most

8 Costly Mistakes To Avoid In A Seller's Market

Move Up To A Luxury Home? — Now Is A Great Time!