Virginia’s Inventory of Homes Continues to Shrink
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 last year. Even though inventory has been on the decline, the rate […]
What Will the 2022 Housing Market Look Like?
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 Economist Lawrence Yun, 2022 looks to be just as promising as […]
Is The Housing Market Going to Crash?
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!) and owners are getting top dollar (and […]
How Do I Save for a Down Payment on a Home?
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 money in the long […]
Buying a Home During the Covid-19 Crisis? Consider This…
Why Real Estate Agent Designations Matter
Buying a home is a complex process, and most of it involves an area of expertise that you do not have. That’s why smart homebuyers choose their real estate agent before they begin the process. I’ve written a few articles on how to choose your agent. Now, I’d like to focus on the different designations […]
Three Common Arguments Couples Have When Buying a Home (and How to Avoid Them.)
When you and your partner decide to purchase a home together, chances are slim that you’re going to see eye-to-eye on every decision. According to LendingTree.com, 60% of couples claim to disagree with one another during their house search. However, talking issues out before you start the process may help you avoid unwanted stress. Below […]
Downsizing to a Smith Mountain Lake Home
Whether you’ve been vacationing here for years or fell in love after the first visit, making the decision to relocate to Smith Mountain Lake was perhaps one of the easier decisions you’ve ever made. But what if you’re downsizing from a larger home? What are you supposed to do with all of your stuff? How […]
I’m Buying a Home. Where Should I Start?
Whether you’re a first-time homeowner, upsizing for a growing family, or searching for an investment property, buying a home can be both exhilarating and exhausting. Reality shows may lead you to believe that the perfect property will present itself before the next commercial break, but in the real world, finding the property that best suits […]
I’m Buying a Home. Where Should I Start?
Whether you’re a first-time homeowner, upsizing for a growing family, or searching for an investment property, buying a home can be both exhilarating and exhausting. Reality shows may lead you to believe that the perfect property will present itself before the next commercial break, but in the real world, finding the property that best suits […]
