Monthly Archives: April 2017

    • Homes are Selling Fast Across the Country [INFOGRAPHIC]

      Some Highlights:

      • The National Association of REALTORS® surveyed their members for their monthly Confidence Index.
      • The REALTORS® Confidence Index is a key indicator of housing market strength based on a monthly survey sent to over 50,000 real estate practitioners. Practitioners are asked about their expectations for home sales, prices and market conditions.
      • Homes sold in 60 days or less in 36 out of 50 states, and Washington D.C.
      • Homes typically went under contract in 34 days in March!
      Written by Denise Zervos

    • Your Tax Return: Bring it Home

      This time of year, many people eagerly check their mailboxes looking for their tax return check from the IRS. But, what do most people plan to do with the money? GO Banking Rates recently surveyed Americans and asked the question - “What do you plan on doing with your tax refund?”
      Written by Denise Zervos

    • How Fast Can You Save for a Down Payment?

      Saving for a down payment is often the biggest hurdle for a first-time homebuyer. Depending on where you live, median income, median rents, and home prices all vary. So, we set out to find out how long would it take you to save for a down payment in each state?
      Written by Denise Zervos

    • Slaying Home Buying Myths [INFOGRAPHIC]

      Some Highlights:Interest rates are still below historic numbers.88% of property managers raised their rent in the last 12 months!The credit score requirements for mortgage approval continue to fall.
      Written by Denise Zervos

    • Tax Return Depressing? Owning a Home Could Help

      Many Americans got some depressing news last week; either their tax return was not as large as they had hoped or, in some cases, they were told they owed additional money to either the Federal or State government or both. One way to save on taxes is to own your own home.
      Written by Denise Zervos

    • Thinking of Selling? Now Is the Time to Act

      If you thought about selling your house this year, now may be the time to do it. The inventory of homes for sale is well below historic norms and buyer demand is skyrocketing. We were still in high school when we learned the concept of supply and demand: the best time to sell something is when supply of that item is low and demand for that item is high. That defines today’s real estate market.
      Written by Denise Zervos

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    Our agents write often to give you the latest insights on owning a home or property in the Coastal Virginia area.