Skip to content
Christopher Companies Logo
  • Christopher Companies Logo
  • New Homes
    • Northern VA
      • NORTHERN VIRGINIA COMMUNITIES

        Community Image

        Townes at South Glebe

        Townhomes in Arlington, VA

        Community Image

        Townes at South Glebe I

        Townhomes from the Upper $900's in Arlington, VA

        Community Image

        Indian Springs Farm

        Single Family Homes in Lorton, VA

        Community Image

        Crest of Alexandria

        Condominiums from the Low $300's in Alexandria, VA

        Community Image

        Meadows at Rose Hill

        Single Family Homes in Alexandria, VA

      • COMING SOON COMMUNITIES

        Community Image

        The Grant at Appling Valley

        Single Family Homes starting from $1,076,429 in Fairfax, VA

        Community Image

        The Residences at McConnell Manor

        Single Family Homes from the Upper $900's in Springfield, VA

        Community Image

        Townes at South Glebe II

        Townhomes from the Upper $800's in Arlington, VA

        Community Image

        Townes at Little River Crossing

        Townhomes in Annandale, VA

      • Close
    • Maryland
      • COMING SOON COMMUNITIES

        Community Image

        Element at Mill Creek

        Condominiums in Annapolis, MD

      • Close
    • Charlottesville, VA
      • CHARLOTTESVILLE, VA COMMUNITIES

        Community Image

        The Towns at Stonefield

        Townhomes in Charlottesville, VA

      • Close
    • Delaware Beach
      • DELAWARE BEACH COMMUNITIES

        Community Image

        Seabreeze Village at Millville by the Sea

        Single Family Homes from the Mid $300's in Millville, DE

        Community Image

        Townes at Bayshore Village

        Townhomes from the Upper $600's in Fenwick Island, DE

      • Close
    Close
  • Homes Ready Now
    • Northern VA Homes
    • Charlottesville VA Homes
    • Delaware Beach Homes
    • Close
  • Build On Your Lot
    • Build On Your Lot
    • DE Plan Library
    • VA Plan Library
    • Close
  • Rental Properties
  • About Us
    • Our Story
    • Our Team
    • Christopher Cares
    • Careers
    • Awards & Testimonials
    • Our Green Commitment
    • News & Blog
    • Close
  • Legacy Communities
    • Multifamily
    • Single Family
    • Close
  • Contact Us
Inner Page Slider

Benefit From Buying a New Home This Spring

While the region shakes off the chill of a long winter, it’s only natural the warming spring season is a popular one for home buying.  And with several environmental factors considered, Zillow reports that this spring provides buyers even more reasons to jump into the market.

And these reasons are: Lower mortgage rates, higher confidence levels, higher rents, and better loan availability!

Everyone is aware of the record-low mortgage rates our country has benefitted from in recent years. These low rates were due to recovery, but as the market continues to improve, it’s not expected they’ll stick around much longer. Zillow reports rates could rise to 5% by the end of this year, lowering affordability by 11%.  As you can imagine, many are taking advantage of the low rates before this opportunity slips away!

Confidence in the housing market is another factor that affects home buying. Zillow’s Housing Confidence Index (ZHCI), which measures homeowners’ and renters’ outlooks and attitudes in the market, recently reported a higher confidence level now than just a year ago. After all, with all the progress in regional and local markets, we have ever reason to be excited about buying new homes.

Speaking of renters’ outlooks, Zillow also reports that those who lease can expect to spend over 30% of their income on their rent.  On average, homeowners spend just half that on their mortgage payments. With rental affordability at its lowest, the idea of owning a home grows more and more appealing – making this spring a prime time to put the process into motion!

Lastly, loan availability has grown to be significantly easier in the last year, reports Zillow.  With our markets nearing their original state, home buyers have more options when it comes to borrowing for their new home, making the whole process a little easier.

The fact of the matter is that this spring is a wonderful time to buy a new home – especially with Christopher Companies! With homes in Northern Virginia as well as Delaware’s coast, our home designs are the best examples of our exquisite attention to detail, dedication to the craft, and integrity as a builder.

To see the homes we offer and in which communities, visit the ‘Our Homes’ section of our website.

Source: Zillow

Share on Facebook
Facebook
Tweet about this on Twitter
Twitter
Share on LinkedIn
Linkedin
Pin on Pinterest
Pinterest
Email this to someone
email

Post navigation

 Reasons Why Belmont Bay, VA Could Be Perfect For YouReasons To Be Optimistic for NoVa Real Estate in 2015 

Location Information

10461 White Granite Drive,
Suite 250, Oakton, VA 22124

703.352.5950

contact from

  • Please select the city/region(s) you are currently looking for a home or whether you are interested in commercial or rental properties. You may select more than one if applicable.
  • This field is for validation purposes and should be left unchanged.
  • Homes Ready Now
  • Build On Your Lot
  • Rental Properties
  • Homeowners
  • Commercial
  • About Us
  • Contact Us
  • Blog
Phone: 703.352.5950 Address: 10461 White Granite Drive, Suite 250, Oakton, VA 22124
EHO Logo

©2021 The Christopher Companies.
Privacy Statement

Details, dimensions and specifications displayed or shown on floor plans and home elevations may be approximate and are subject to change without notice. Please check with your sales consultant for the latest information.

/* ----------------------------------------- */ /* View slug: category-megamenu - start */ /* ----------------------------------------- */ .chris_mnu { margin-bottom: 8%; background-color: #fff; height: 84%; } /* ----------------------------------------- */ /* View slug: category-megamenu - end */ /* ----------------------------------------- */