What’s Up in Roanoke, Virginia?

Here’s some exciting news I just saw from our local Board of Realtors

Roanoke County Studies Oak Grove and Hollins Areas
Roanoke County is beginning two new planning studies focused on commercial corridors in the Hollins and Oak Grove areas. Much like the 419 Town Center project, the purpose of these studies is to reimagine what the areas might look like in the future — including strategies to improve access to parks, shops, restaurants and amenities, as well as to enhance business development opportunities.

The Oak Grove Center Study covers 173 acres and more than 80 commercial and residential properties. The Hollins Center Study will focus on plans for a connected, mixed-use center in the heart of the Hollins community, comprised of 465 acres and more than 270 commercial and residential properties.

Click here for more information, including online surveys and dates for community meetings. (Posted 2/3/2018.)

Additionally, I read about another new restaurant coming near Earth Fare on Franklin Road.

Even more good news about our local economy from my broker last week:

Virginia legislature authorized $80,000,000 project to double the size of Tech’s Medical School in Roanoke and expand their research institute.  Building is going on now for a new building off Reserve Ave.  Carilion says 1000 more medical students, doctors and researchers should be living in Roanoke within 3 years.  The research institute connected with the medical school will concentrate on brain research.  All good jobs.
In addition, Carilion will be building a 15 story addition to Roanoke Memorial where old Crystal Springs tennis courts are now.
 Combine that with new Deschutes and Ballast distilleries, the new car part manufacturing facility in Botetourt and Virginia Community College System’s new facility in Daleville, it has been good news on the job front lately.
With this being said I expect the housing market in Roanoke Virginia to continue consistent and hopefully even continue on an upward trend.
If you have questions about the local housing market, buying, selling, or home values reach out, we’d love to help you!

 

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Enjoyed Being on The Morning Show Today!

http://www.virginiafirst.com/news/local-news/growing-up-in-the-valley-how-to-properly-sell-your-home-in-todays-market/940394897

More on this…..

When is a good time to formally put your home on the market to get the most action?

I always say the sooner in the year the better, as a seller.  The closer we get to the spring season the more inventory, thus more competition for sellers.

This year even more than recent years, the market has been crazy busy!  It didn’t slow down for the holiday season, the New Year, or the frigid temps.

We are low on inventory so it’s a great time to come on the market now.

What can a seller do to best prepare their home for showing

Photos and curb appeal are more important now than ever before because most buyers are shopping online and then driving by to determine if they like the outside and location in most cases before ever getting with their agent on the homes they actually want to tour.

A few quick bullet points we always like to mention to our sellers when listing:

•       If it needs to be painted, paint!  Paint makes a world of difference inside and out when it needs it.

•       Remove front window screens, clean the windows really good and watch it glisten!  This makes a big difference.

•       If you are able to paint your front door a fresh, catchy color this is a new trend that seems to really set a house apart from all the others

•       Clean, organize and declutter throughout.  The idea is to make your home feel as light, bright, spacious, and as tidy as possible.

•       Replace all light bulbs in light fixtures, lamps, ceiling fans, etc., super frustrating when showing a home and a buyer reaches to turn a light on that doesn’t work.  This is simple and so many sellers fail to do it.

•       Replace your air filters throughout and clean, paint, or replace the cover as needed

•       Remove important, personal, expensive jewelry etc from your home allow a family member to keep or purchase a safety deposit box.  While it rarely happens you must accept you’re opening your home to the public and need to take necessary steps to protect your belongings.

•       Be flexible with showings and make it easy for buyers and agents to see

•       Fix anything that needs to be fixed.  As a seller you must disclose if everything is not safe, operating, structurally sound, free and clear of any hazardous materials, infestation, etc.  The inspection process can be a very stressful and overwhelming for sellers and it will go much smoother if you ensure everything is in good shape beforehand.  Any work done once under contract must be done by licensed contractors so it also becomes more expensive.

•       And last, I always tell our sellers to walk around and through the home through the eyes of a buyer.  If you were looking to buy, what would you think of your home?  Adjust, fix, repair, paint, etc as necessary.

What are the biggest factors in what causes a home to sell

After 27 years of helping buyers and sellers I could come up with a laundry list but honestly, in the end, it boils down to 3 things:

Price, Condition, and Location. You have control over 2 so make sure you do your very best ☺


How should a seller go about choosing the right price

You know that’s the million dollar question!  What’s the right price to list at.  And it’s also one that there’s no magic answer for.  You could likely line 10 agents up alongside 10 appraisers and potentially get 20 different opinions on what the right price is.  In the end, it’s what the buyer is willing to pay and what the seller is willing to sell for.

The only way to determine price is by numbers, I always say numbers never lie.

There are several parties a seller must convince of the right price and sometimes more

First the buyer, sometimes their family members (parents, grandparents, Realtor friends from out of town, etc)

Second is the buyer’s agent

And last and most importantly is the appraiser

There’s way more to choosing just the right price than an agent coming in the door and telling a seller what they want to hear so they get to take the listing.

The key is looking at what other homes you’ll be in competition with and what’s recently sold and coming on the market within a range of value that other similar homes are selling for.  It’s always best to price it right from the beginning than to come on high and sit on the market.  This actually helps other sellers sell their homes vs getting your own home sold.

How should a seller go about choosing the right Realtor to list with?

Well, you could simply list with our team and be in great hands ☺ no, just kidding!

I would say to interview a couple different agents and companies before listing to see who you feel most comfortable with, get a couple of opinions on pricing, and see what their track record is for getting homes sold.  Anyone can list a home but getting a home sold is another story.

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Interesting Stuff on Home Buyers and Sellers from 2017

NAR 2017 Profile of Home Buyers and Sellers:

A Snapshot

Home Buyers

• 34% of recent home buyers
were first time buyers.

• 41% of first time buyers have
student debt.

• 65% were married couples,

18% single females, 7%

single males and 8%
unmarried couples.

• The typical buyer was 45
years old.

• 88% of buyers purchased
their home through a real
estate agent.

• 42% of buyers paid the list
price or higher.

• The median purchase price
was $235,000.

Source: National Association of
REALTORS®

Home Sellers

• The typical seller was 55
years old and lived in their
home for 10 years.

• 89% of sellers used a real
estate agent to sell their
home.

• Sellers sold their homes for a
median of $47,500 more than
they purchased.

• Homes were on the market for
an all-time low of 3 weeks.

• The median distance between
the home purchased and the
home sold was 18 miles.

• 52% traded up to a larger
home.

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What To Expect With The Process Of Buying Or Selling a Home

What To Expect With The Process Of Buying Or Selling a Home

First things first… It makes sense for a buyer to get pre-approved for financing before looking at homes. This not only gives buying power but also allows the buyer to go into the home buying process with eyes wide open on the numbers. Talking with a lender will reveal how much cash is needed to close, what programs are available, what grants and help with down payments are available and most importantly, to know what price range to stay under to keep monthly payments where the buyer wants to be.

After this, the next step is finding just the right home.

Once the right home is found next is making an offer and negotiating terms and conditions.

Once an offer is accepted the next phase is processing of paperwork with the Realtors involved, lenders, closing company, and getting inspections ordered.

After inspections are complete it’s time to negotiate any repairs that may need to be done. There is a standard cap for seller’s of $1,000 toward repairs unless otherwise agreed to by both buyer and seller. All repairs must be done by licensed contractors unless otherwise agreed upon.

Once the inspection process is over, the lender will order the formal appraisal to be done to ensure the property is worth what the buyer has offered and to make sure the home meets the lender’s approval physically. If the value doesn’t meet the sales price one of three things can happen. The seller can come down to the appraised value, the buyer can pay the difference out of pocket, or the contract can be declared null and void. If there are any appraisal required repairs this must be done prior to closing with enough time for the appraiser to go back out and reinspect to ensure the repairs are done to the appraiser’s satisfaction. In some cases, there is a fee involved if the appraiser has to visit the property for a second time.

If you make it this far, it should be smooth sailing from here and time to coordinate the final steps to closing and moving time!

Be aware no closing date is set in stone and is always subject to change. Whether on the buying or selling side, when making any moving plans, do everything with flexibility in mind in case that closing date needs to change. The home doesn’t become the buyer’s until after the final closing and recording. So, as a seller, you must maintain the home, utilities, and insurance until after the closing. As a buyer, you can’t move until you sign on the dotted line.

Before the final closing, a final walk-through will be scheduled with the buyer and their agent. The purpose of this is to make sure the home is in the same condition as when the offer was placed as well as to make sure any repairs were done with receipts provided to the buyer. Seller’s, you should leave the home as you would want to find it if you were the buyer. Clean, tidy, grass mowed, and leave any appliance manuals, warranties, etc for the buyer out on the kitchen counter.

At the final closing, it generally takes about 30 minutes to go through the paperwork on the buyer’s side and about fifteen minutes on the seller’s side. This is generally scheduled at different times for buyer and seller. Whether a buyer or a seller, if you’re bringing cash to the table at closing the check, will need to be made payable to the closing office in the form of a cashier’s check.

In a nutshell, that’s what you can expect for the process of buying and selling. If we can answer specific questions for you or be of support with helping you get successfully from one door to the next please reach out to us. You can call or text me at 540-312-0085 or email me at christy@thecrouchteam.com

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9 Things Sellers Should Know

Ran across this article by Julie Ryan Evans on our National Association of Realtors site and thought it was worthy of sharing.  I agree with Julie these are things we as Realtors wish all our sellers knew.  And if you’re thinking about selling a home here in Roanoke, Virginia our team would love to be of support to you.

We work with a lot of folks here in the area and have been able to help 138 folks buy and sell so far this year.  We  will take excellent care of you every step of the way.  We understand it’s one of your largest single investments and will treat it just that way.  With over 45 years combined experience you can rest assured you’ll be in goods hands when working with our team.

If we can be of support, reach out to us at 540-725-7727 or email at christy@thecrouchteam.com. Here’s Julie’s article:

9 Things Real Estate Agents Wish You Knew About Selling Your Home

 | Sep 20, 2017

When it comes time to sell your house, having a great listing agent is one of the keys to making it happen. And yet, the agent can’t do it all—your help is needed. Help your agent help you!

Ideally, you will have an open, honest relationship with your listing agent. But even then, there are some things your agent might be reluctant to tell you. Whether to spare your feelings or because he assumes you already know, here are some things your listing agent wishes you knew. Listen up and learn!

1. Your stuff is lovely, but…

“While your home may be beautifully decorated, it still looks like yourhome, not the buyer’s,” says Teresa Stephenson, vice president of residential brokerage at Platinum Properties in New York.

“If you are going to be moving anyway, it makes perfect sense to start packing and put a lot of your current belongings in storage,” says Stephenson. “You don’t have to pay to have your home staged, but if you don’t buy into the concept that ‘less is more,’ you’ll pay when it comes time to sell.”

2. Stop hiding things from me

Leaky faucets? Termite infestation? An air conditioner that barely blows cool air?

“Don’t keep any of your home’s flaws from your agent because you are scared it might hurt your sale,” says Karen Elmir, founder and CEO of the Elmir Group in Miami.

Remember, your listing agent is on your side and knows what must be fixed or what can slide—so go ahead and share the good, the bad, and the ugly. Whatever you hide from an agent could rear its head as a nasty surprise later.

3. You need to fix a few things

Katie Messenger, a Realtor® with Bello Dimora Real Estate Network in Kentucky and Cincinnati, wants clients to know they might have to spend a few bucks to make their house look its best.

“Replace the trim the dogs scratched up. Clean the scuff marks off the walls. Power-wash the algae off the vinyl siding,” she says. “To you, it’s totally normal because you’ve lived with these issues for years. To buyers, these will look like expensive repairs, which means they’ll have to lowball you, or not make an offer at all, because your house ‘needs a lot of work.’” Even if it actually doesn’t.

4. Your remodeling might not pay off much

Blood, sweat, tears, and a heck of a lot of cash might have gone into your remodeling projects, but that doesn’t mean there’s a guaranteed payback for any of it, as illogical as that might seem.

“An ROI, or return, on a home’s upgrades does not necessarily increase value,” says Michael Kelczewski, a Realtor with Brandywine Fine Properties Sotheby’s International Realty in Delaware and Maryland.

It largely depends on what kind of home improvement you do; here’s a list of some common renovations with their return on investment.

5. Be nice: Don’t overprice!

While listing at a high price and then coming down as necessary seems like the best way to avoid leaving any money on the table, you could actually be shooting yourself in the foot.

“If you overprice your home, buyers may not catch that, but buyer’s agents will,” points out Doc Reiss, managing broker at Town & Country Real Estate in Port Angeles, WA. “When a home is overpriced, buyer’s agents will either avoid bringing their buyers or, worse yet, they use it as an example to sell another property: ‘See how much nicer this one is for the price than the last one we saw?’”

6. Cleanliness really does count

Do people really not clean their house before it’s shown to potential buyers? Yep.

Andrew Mak, an agent with Corcoran in New York, says things like a greasy stove, dust on the floors or furniture, and unkempt bathroom fixtures like the shower, sinks, and toilets are noticed most during a showing.

“The kitchen and the bathroom are the two main areas where cleanliness—or lack thereof—is most obvious,” says Mak. Gross. (You did want to sell this house, right?)

7. Have some patience

Yes, we know you thought your beautiful house would fly off the market the moment it hit, but that’s not always the case. In fact, realtor.com data shows that homes sit on the market for an average 66 days.

“The real estate process is a long process from showings to inspections to negotiations,“ says Kelczewski. “Be patient! Persevering leads to success.”

8. Don’t hurt the messenger

“When I present a lowball offer, a long list of repair items, or a low appraisal, I am just relaying information from another party,” Messenger says. “I know it’s an emotional and sometimes frustrating process; however, I am not the one writing ‘insulting’ offers, performing home inspections, or appraising the home.

“I am a representative of your best interests, so know that I am always in your corner to fight for what makes the most sense for you—not all of the other parties involved in a real estate transaction,” she says.

9. Selling your home isn’t a spectator sport

“Some sellers don’t realize that hiring a real estate agent doesn’t mean they get to sit back with a bag of popcorn and watch the home sale unfold,” says Jonathan Self, a Realtor with Center Coast Realty in Chicago.

“Selling a home is a team effort, even when you hire a real estate agent. If you can keep your home clean and tidy and arrange for someone to dog sit during showings, I can be 100% focused on selling your home for top dollar. That cooperation and partnership make it much easier for me to do a good job for you.”

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A Guide To Moving For Seniors

A friend of mine recently helped his parents downsize and relocate their home.  After going through the somewhat overwhelming experience he took some time to write about some things he thought might help others and was gracious enough to share it with me to share with you.

What Seniors Should Avoid When Buying a New Home

a guide to downsizing for seniors and their loved ones 2

Seniors making a big move have a lot to consider. If you’re buying a new home late in life, there’s a good chance that you’re doing so because you want to make independent living – aging in place – possible. You may want to move closer to your family or friends. You may simply want a change of scenery. Whatever the reason, here are some things you should probably avoid.

A major fixer-upper

Even if you ignore the fact that home repairs to things like the foundation, structure, roofing, and exterior composition can become extremely costly, buying a fixer-upper can be a real headache for seniors looking for a new, easier-to-manage home. That’s because you have to think about construction time as much as money – do you want to live in a construction zone for months, maybe years? How does that mesh with your plan to simplify your life by moving to a more manageable home? You don’t have to buy a so-called “cream puff” home (one where everything is 100% perfect from day one), but you should avoid the other end of the spectrum as well. If you do want to opt for a home that needs a little bit of work, here’s how to avoid it turning into a money pit.

A giant yard

One of the main things seniors must consider when buying a new home is how it will accommodate their needs not only now, but in the future as well. As you age, one of the most burdensome aspects of a home tends to be a large and unruly yard (front or back). While many seniors enjoy gardening and the scenery of a backyard, copious amounts of yard work (mowing, raking leaves, etc) can become a strain very fast. And when it does, you’re forced to either move, pay someone to do it, or simply let it fall into disrepair. None of those are great, long-term options. Stick to houses with small, manageable plots of land – maybe where most of it is covered by low-maintenance plants, stones or pavers, or a patio.

Lateral moves in terms of size

One thing that almost universal for seniors is that moving into a new home should involve a good bit of downsizing. As you age, you’re going to want less square footage to have to manage, and you’re going to want to have to deal with less clutter around the home. Don’t move to a large home that’s the same size as the one you’re selling. Take the opportunity to make your life much, much easier. Take steps to downsize and declutter your belongings as early as possible. This will help you to figure out exactly how much space – both in terms of actual living space and storage – you require in a new home. Read this for tips on decluttering your home room-by-room.

Overspending

Don’t spend more than 30% of your income on your new home. That’s a tried and true rule. Another thing to be mindful of are all the ancillary costs associated with buying and owning a home other than the mortgage. When calculating what you can afford, remember that you need to set aside funds for insurance, taxes, home repairs, and any modifications you may need to make if you have a disability, illness, or a mobility issue. Try a simple calculator to give you a good baseline.

In the end, the new home you buy as an senior should be a home you can envision yourself living in for the rest of your life. When considering which home to buy, always have this question in mind: Will this home make it easier for me to live independently as I age? If the answer is no, move on.

Image Credit: Redfin

Article written and provided by:  Jim Vogel

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Thinking of Buying a home?

Thinking of buying a home?

Here are a few quick tips on what to do to get ready….

Check your credit, it takes about a 650 score or better to be approved with most lenders

Pay off the things you can to clean and tighten up your debt to income ratio

Find your tax returns for the last 2 years and have them ready to provide to the lender

Prepare a list of all revolving debt including current balance, monthly payment, and loan numbers you’ll need this for your formal loan application

Talk to a lender before talking with a Realtor, as straightforward as it may sound, there’s no sense in looking at or for homes until you know what you can qualify for and more importantly what price range to stay under to give you a monthly payment you’re comfortable with

Make a list of the things you must have in a home and the things you’d like to have

Drive by the different areas and decide which locations meet your approval

Get with a Realtor to ensure you have access to all homes that are currently for sale

Get ready to hit the pavement!

Once you find the right home your Realtor will advise you along the way regarding all the steps that will need to take place to get you successfully from contract to closing.

Don’t buy anything new that will create new debt while you’re thinking of buying a home J

Surely you realize the importance of having your own agent to represent you with one of the largest single investments you’ll ever make, right?  I mean you don’t want to go this alone even if you’ve done it a time or two before.  I mean why wouldn’t you want a professional that does this day in and day out to be on your side and make sure you’re taken care of?

We believe our team work makes your dream work and would love to support you in finding just the right place to call home if you’re thinking of buying, give us a call at 540-725-7727 or email us at thecrouchteam@gmail.com if we can help

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Thinking of Selling your Home?

Thinking of Selling? Here’s a few quick tips I wrote on what to do to get your home ready to show…
 
Remove screens from front windows and clean windows (This gives a nice crisp curb appeal)
 
Trim all bushes below window height
 
Throw a fresh layer of mulch and plant some colorful flowers
 
Power wash decks, walkways, and exterior of home
 
Clean up any yard debris
 
Make sure there is no chipping or peeling exterior paint
 
If necessary stain or paint deck
 
Get the inside as clutter free and as spacious as possible. The more open, bright, and spacious the better
 
Make sure all bulbs in lights are working & bright
 
Replace all air filters and clean registers or paint/replace
 
If necessary clean or replace carpets
 
If necessary paint walls and trim
 
Make sure everything is properly safe, working, free and clear of any leaks and/or hazardous material
 
Organize closets, garages, and storage buildings to show as tidy as possible
 
Have your kitchen and baths sparkling clean
 
Just before showings these are always a nice touch; vacuum, make beds, dishes, and laundry up & away, turn lights on, play some soft background music, light a candle, & leave to give the buyer the privacy they need to look around 🙂
 
Need a Realtor to help you?
 
We would love to apply for the job, having sold 98 homes so far this year I feel confident we can get your sold as well and will certainly take excellent care of you!
 
While there’s an app for just about everything, there’s no app for hands-on experience. With over 47 years combined experience in helping buyers and sellers get successfully from one door to the next, you can rest assured you’ll be in good hands when working with our team.
 
Give us a call at 540-725-7727 or email us at thecrouchteam@gmail.com if we can be of support!
 
Thanks for letting me share, I hope you have a blessed evening!

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Stats, Stats, Stats

I am all about the numbers and stats in any business and especially when dealing with one of your largest single investments, your home!

So, with that being said I wanted to share our current year to date market stats with you for the Roanoke, Virginia housing market. It’s been a solid year in the housing market so far and we expect the upward trend to continue as we move further into 2017.

Before I share the stats I am super proud and honored to report that our team was ranked #15 out of 100 for teams with RE/MAX in Virginia for the 1st quarter of 2017.

If you are thinking of buying or a home here in Roanoke, Virginia our team would love to interview with you and apply for the job of helping you get successfully from one door to the next.  Together we have over 48 years combined experience so you can rest assured you’ll have knowledge and experience you’re looking for when working with our team.

Give us a call at 540-725-7727 or email us at thecrouchteam@gmail.com if we can be of support to you.  Here are the housing market stats I mentioned for our local housing market so far this year.

Property Type Year to Date Activity Report

For 01/01/2017 To 6/2/2017

Property Type
Area
Current Active
New
Pend
Sold
Sold Volume
Average Sales Price
DOM
CDOM
% Of List
Coop Sales
Coop Volume
Expr
Withdrawn
Residential
0110 – City of Roanoke – Downtown
10
8
2
4
629,988
157,497
263
418
99.1
3
440,000
3
2
Residential
0120 – City of Roanoke – South
52
89
23
55
19,947,300
362,678
109
147
95.2
44
16,357,800
13
2
Residential
0130 – City of Roanoke – SW
106
246
61
172
31,158,240
181,153
73
106
96.4
159
28,871,760
34
7
Residential
0140 – City of Roanoke – NW
93
146
48
84
7,584,269
90,289
110
146
92.9
80
7,343,769
10
2
Residential
0150 – City of Roanoke – NE
95
203
56
153
17,474,590
114,213
94
148
97.8
136
15,902,040
42
3
Residential
0160 – City of Roanoke – SE
38
68
17
30
1,441,314
48,044
83
121
88.7
27
1,270,816
11
1
Residential
0170 – City of Roanoke – Garden City
16
35
8
24
2,485,149
103,548
80
106
95.6
20
2,116,049
6
1
Residential
0210 – Roanoke County – North
129
258
74
153
28,826,778
188,410
85
122
98.8
143
27,139,868
44
3
Residential
0220 – Roanoke County – East
55
118
26
56
10,759,038
192,126
75
144
97.6
51
9,701,038
19
5
Residential
0221 – Roanoke County – Town of Vinton
31
60
21
38
4,613,061
121,396
74
103
97.1
34
4,168,311
7
1
Residential
0230 – Roanoke County – South
261
441
123
224
55,016,858
245,611
95
142
97.6
210
50,791,376
91
10
Residential
0240 – Roanoke County – West
107
161
37
69
14,520,005
210,435
100
149
96.7
65
13,145,005
22
7
Residential
0300 – City of Salem
95
216
69
117
21,669,801
185,212
89
132
96.3
101
19,084,976
36
7
Residential
0400 – Franklin County
230
320
66
133
23,236,369
174,710
118
212
95.4
113
19,721,269
95
19
Residential
0490 – SML Franklin County
323
273
46
118
55,524,897
470,550
267
354
94.7
102
48,711,571
55
9
Residential
0600 – Bedford County
220
293
66
113
19,032,618
168,430
121
170
97.1
95
16,222,518
54
7
Residential
0601 – Town of Bedford
30
46
6
28
3,930,634
140,380
108
137
96.0
24
3,335,984
13
2
Residential
0690 – SML Bedford County
153
140
23
72
25,123,350
348,935
216
321
95.4
61
21,771,050
27
6
Residential
0700 – Botetourt County
173
302
78
173
41,261,445
238,505
108
165
96.8
148
35,627,045
42
5
Residential
0800 – Craig County
26
33
5
21
3,258,750
155,179
128
202
95.5
13
2,414,850
10
1
Residential
0900 – City of Radford
3
4
1
2
208,299
104,150
96
96
95.9
2
208,299
0
0
Residential
1000 – Montgomery County
25
35
10
13
1,700,300
130,792
126
154
98.2
10
1,440,150
8
1
Residential
1100 – Floyd County
57
47
8
31
6,628,066
213,809
165
215
94.3
20
4,128,400
20
2
Residential
1200 – Patrick County
9
7
1
7
1,044,950
149,279
172
180
88.7
3
408,000
4
0
Residential
1300 – City of Martinsville
9
11
1
6
423,000
70,500
124
126
102.8
4
308,000
5
0
Residential
1400 – Henry County
30
37
4
13
1,290,885
99,299
155
163
97.8
10
1,056,735
15
1
Residential
1500 – City of Danville
1
3
0
2
85,357
42,678
50
50
130.8
2
85,357
0
0
Residential
1600 – Pittsylvania County
17
15
2
4
554,500
138,625
131
156
93.3
1
75,000
9
0
Residential
1690 – SML Pittsylvania County
16
13
1
7
3,199,620
457,089
325
472
94.0
7
3,199,620
2
0
Residential
1700 – Halifax County
1
3
2
0
 
 
43
43
 
0
 
0
0
Residential
1800 – Charlotte County
1
2
2
0
 
 
312
312
 
0
 
0
0
Residential
1900 – City of Lynchburg
12
18
3
8
1,061,800
132,725
116
146
99.7
7
941,800
6
0
Residential
2000 – Campbell County
9
12
5
2
289,250
144,625
137
225
98.2
1
143,500
2
0
Residential
2100 – Appomattox County
1
3
0
3
299,754
99,918
107
193
110.5
3
299,754
1
0
Residential
2200 – Amherst County
8
8
1
6
1,577,650
262,942
100
113
92.3
4
1,030,000
1
0
Residential
2300 – City of Buena Vista
2
0
0
1
48,000
48,000
293
390
87.4
1
48,000
0
0
Residential
2400 – City of Lexington
11
11
1
4
1,326,500
331,625
124
142
87.1
3
1,141,500
3
0
Residential
2500 – Rockbridge County
27
22
3
10
1,676,500
167,650
181
210
95.0
8
1,390,000
3
0
Residential
2600 – City of Covington
6
7
0
5
221,100
44,220
84
84
94.5
2
74,100
2
0
Residential
2700 – Alleghany County
29
39
10
4
166,299
41,575
66
66
75.1
4
166,299
1
0
Residential
2800 – Giles County
2
4
2
2
48,604
24,302
91
144
78.9
1
30,004
1
0
Residential
3000 – Pulaski County
12
14
3
3
455,100
151,700
106
114
94.0
3
455,100
3
1
Residential
3100 – Wythe County
1
1
1
0
 
 
336
336
 
0
 
2
0
Residential
3300 – Carroll County
7
6
1
1
37,500
37,500
113
156
94.0
1
37,500
1
0
Residential
9900 – All Other Counties/Cities
12
10
1
3
546,200
182,067
152
152
98.6
1
267,900
1
0
Subtotal
2551
3788
918
1974
410,383,688
207,894
122
177
96.4
1,727
361,072,112
724
105

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Wednesday Wisdom

Wednesday What????
 
Wednesday Wisdom for real estate!
 
IF…..
 
If you’re thinking of selling, price and condition are key!
 
If you’re thinking of buying, getting pre approved for financing is the first step!
 
If you’re thinking of selling, make sure you choose the right agent with an actual proven track record of selling homes!
 
If you’re thinking of buying and you find the right home, don’t wait to make an offer they’re selling right now and in many cases receiving multiple offers!
 
If you’re thinking of selling, imagine your home through the eyes of a buyer so you see what they’ll see. Try to get emotionally unattached!
 
If you’re thinking of buying, even though there are 100% financing programs available, you’ll still need some cash, have at least $1,000 saved!
 
If you’re thinking of selling, take a look at the competition and imagine what it might take to cause a buyer to choose your home over the competition!
 
If you’re thinking of buying, call a couple days ahead of time to schedule appointments; remember sellers still live in their homes in many cases and Realtors are busy with other clients showing as well. It’s tough to be able to see a house “right now”
 
If you’re thinking of selling accept that there is less foot traffic in today’s market due to the internet, patience is key!
 
If you’re thinking of buying, low balling is not always the best way to get the best deal on a home, offending the seller can actually be harmful to your chance.
 
If you’re thinking of selling accept that buyers will try to get the best deal possible and make a counter offer with what you can do, sometimes they’re just feeling the situation out.
 
If you’re thinking of buying it’s easier to work with one Realtor rather than trying to do it all yourself or going from agent to agent.
 
Whether you’re thinking of buying or selling our team would love to help you get successfully from one door to the next. With over 47 years combined experience you can rest assured you’ll get the expertise you deserve when working with your largest single investment!
 
Have a blessed day!

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