The Peninsula real estate market for February 2015: Months supply of inventory is down to 7 months Median sold price over the past 12 months is $161,000 Average market time is 95.2 days Percentage of sold price to list price remains consistent at 97.5% Closed sales up 2% Hampton Roads Real-e-statement is written by Alyssa Godwin, a […]
The Peninsula real estate market for January 2015: Months supply of inventory is up slightly to 7.6 months Median sold price over the past 12 months is $161,000 Average market time is 99 days Percentage of sold price to list price remains consistent at 97.6% Closed sales up 1.5% Hampton Roads Real-e-statement is written by Alyssa Godwin, […]
Why hire a buyer’s agent? By hiring a buyer’s agent, you can be confident you are getting the best advice and guidance in professional representation. It’s important to have an advocate on your behalf to provide you with up-to-date market data, negotiate the best price and terms, access all available resources, get the seller scoop, […]
The True Market Value of Your Home Is: What a Buyer is Willing to Pay for the Property and What a Lender is Willing to Lend Market value IS: Based on today’s market. Based on today’s competition. Based on today’s financing. Based on today’s economic conditions. Based on the buyer’s perception of property condition. Based […]
The Peninsula real estate market for November 2014: Months supply of inventory is 7.4 months Median sold price over the past 12 months is $163,000 Average market time has increased to 98.5 days Percentage of sold price to list price is 97.6% Closed sales up 1% Hampton Roads Real-e-statement is written by Alyssa Godwin, a Realtor with Liz Moore […]
The Peninsula real estate market for October 2014: Months supply of inventory is 7.3 months Median sold price has dropped over the past 12 months to %162,000 Average market time has increased to 98.3 days Percentage of sold price to list price is 97.6% Closed sales up 3% Hampton Roads Real-e-statement is written by Alyssa Godwin, a Realtor with Liz […]
The Peninsula real estate market for July 2014: Months supply of inventory is 7.0 months Median sold price has held steady at 2.0% to $295,000 Average market time has dropped to 56 days! Percentage of sold price to list price is 97.9% Closed sales down 6.1% Hampton Roads Real-e-statement is written by Alyssa Godwin, a Realtor with Liz Moore […]
I often hear the phrase “I’m just looking” or “we’re waiting to buy next year.” Not that waiting or looking are bad thoughts, but…what will it cost you in the end? With interest rates steadily on the rise and home prices slowly increasing, could waiting do more damage than good? There are some cases that the […]
The Peninsula real estate market for June 2014: Months supply of inventory is 5.9 months Median sold price has improved 13.4% over last June to $188,217 Average market time has dropped over the past 30 days to 102 days Percentage of sold price to list price is 98.15% Closed sales down 5%! Hampton Roads Real-e-statement is written by Alyssa Godwin, […]
The Peninsula real estate market for March 2014 shows some interesting trends: Months supply of inventory is 6 months Median sold price has decreased 12.5% over the last 12 months to $152,500 Average market time is 101 days Percentage of sold price to list price is 96.98% Closed sales are also down 25.4% […]
Peninsula Market Watch for January 2014 – The market is continuing to improve and balance. But even better than that, Liz Moore and Associates has shown an even larger margin of market improvement here on the Peninsula! Hampton Roads Real-e-statement is written by Alyssa Godwin, a Realtor with Liz Moore and Associates. For questions regarding […]