“You only get one first impression” Everyone’s heard the saying, and it applies to real estate as well. 84% of home buyers start their home search online and 42% of buyers actually find the home they purchased from the Internet. Since real estate now relies so heavily on computers, your first showing is online. It’s […]
If you haven’t seen the latest Realtor.com commercial, it follows a young woman looking for a new home. While in yoga class, her phone beeps, notifying her of a brand new listing. Right away she previews the home, buys it, and throws a housewarming dinner. This commercial is an excellent illustration of how technology has trickled […]
WOW! One of my buyers locked an interest rate of 3.85%! Interest rates, just like stock, are extremely dynamic and constantly changing. With the housing economy bouncing back after a 5 year dry spell, interest rates have climbed in response. Last summer 2013 we watched rates climb steadily and then all at once – in the span […]
I recently picked up new clients looking to purchase their first rental investment. In an improving market it’s exciting to find homes that will build equity and earn benefits of low interest rates. While researching the rental potential of different neighborhoods, I was completely taken aback at the current rental rates. I’d heard allegations of increasing rent, but was utterly amazed […]
Over the past year, the top 10 most expensive homes in Hampton Roads (Newport News, Yorktown, Hampton, and Poquoson) definitely live up to the expectation of living large. Scroll over the pictures below to discover the address and list price! Hampton Roads Real-e-statement is written by Alyssa Godwin, a Realtor with Liz Moore and Associates. […]
A few fun facts for this year’s 4th of July… Every year the Liberty Bell in Philadelphia is tapped (not actually rung) thirteen times in honor of the original thirteen colonies. Iowa has more places with ‘liberty’ in its name than any other state. The average age of the Signers of the Declaration […]
As Zillow.com has gained popular, so have Zestimate home values…and inquiries about it. What is a Zestimate? A Zestimate is a computer-generated estimate of a home’s market value. Computed using Zillow’s proprietary formula, it incorporates data about a home based on physical attributes, tax assessments, prior sale prices, market activity, recent sales nearby, and even […]
The Peninsula real estate market for May 2014: Months supply of inventory is 5.7 months Median sold price has decreased 1.8% over the last 12 months to $160,000 Average market time is down just slightly to 89 days Percentage of sold price to list price is 98.11% Closed sales up 6%! Hampton Roads Real-e-statement is written […]
Where will you be celebrating 4th of July? 4th of July Stars in the Sky – Held at the Victory Landing Park in Newport News, this 4th of July Stars in the Sky firework display sets off at 9:30. Children’s rides (giant slides, moon bounces, obstacle courses), music, vendors, contests and more kick off the event […]
Looking for a home in Newport News, Virginia? A home close to shopping? Grocery stores? Dining? The beach? The shipyard? Bus access? This newly listed home has all that and more! You won’t want to miss an opportunity to see this great potential. 648 Bellwood Road, Newport News, VA 23605 is a distinctive cape cod […]
According to the National Association of Home Builders (NAHB), the Remodeling Market Index (RMI) is showing steady improvement. More homeowners are beginning projects to remodel, upgrade, or repair their current homes. NAHB Remodelers Chairman Bill Shaw says “The remodeling industry ends 2013 on a high note as remodeler confidence holds steady at a historically high […]
In denial about the crud that’s festering in the nooks and crannies of your home? The maintenance and cleaning pros we talked to say these eight jobs are among the grossest — and among the most important. One job could even save your life. Deep breath … 1. Cruddy undersides of rugs Look under your area […]
Have you ever heard the term “pocket listing?” Pocket listings differ from ‘for sale by owner’ properties. Pocket listings are homes “listed” by an agent, but are not put in the MLS (Multiple Listing Service). The agent works to sell the home through his/her connections. This scenario would be most common when a homeowner is considering selling, but hasn’t […]
When meeting a buyer or seller for that first appointment, it’s important to share and discuss current market conditions. Not only does this affect expectations, but market conditions guide how to best list a home and how an offer will be submitted. I find that buyers generally believe we are in a buyer’s market and […]