by Alicia Dudley | Real Estate Tips
The November 2021 Homes Sales Report published by Virginia REALTORS® states that Virginia’s inventory of homes is rapidly decreasing. The report states that at the end of November, there were only 16,242 active listings in Virginia, which is down 25% from this time...
by Alicia Dudley | Real Estate Tips
2021 was an incredible year for real estate. Inventory sold as fast as it was available and sellers rejoiced at the competitive bidding wars between aggressive buyers. But will 2022 reap the same rewards as 2021? According to the National Association of Realtors Chief...
by Alicia Dudley | Real Estate Tips
Even if you’re not in the market to buy or sell a home, you’ve probably heard about the incredible housing frenzy that has hit the national real estate market, and Smith Mountain Lake is no exception. Homes are flying off of the MLS in record time (sometimes hours!)...
by Alicia Dudley | Real Estate Tips
If you’ve given thought to buying a home in the near future, then one of the first hurdles you’ll have to jump is saving for a down payment. Even though getting pre-approved for a mortgage is important, having 20% of the cost of the home ready in advance will save you...
by Alicia Dudley | Real Estate Tips
If you were planning on buying a home this year, you may have had to reevaluate your options during the Coronavirus pandemic. If you were fortunate to keep your job, your partner may not have been so lucky. With schools and childcare shut down, you may have your...
by Alicia Dudley | Real Estate Tips
The first quarter of 2020 at Smith Mountain Lake did not disappoint! Strong sales of waterfront homes followed the momentum established in 2019, with likely the best Q1 sales results ever. Although showing activity has definitely slowed with the circumstances around...