Posts with tag 'Roanoke Valley real estate market'
- 2023 | 4 Posts
- 2022 | 30 Posts
- 2020 | 3 Posts
- 2019 | 13 Posts
- 2018 | 10 Posts
- 2017 | 9 Posts
- 2016 | 16 Posts
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4 reason your Roanoke Valley home isn't selling
While property sells at any time during the year, the spring/summer selling season is definitely the busiest time in the Roanoke Valley real estate market. But even in our market, which slightly favors sellers at the moment, selling a home can sometimes be a challenge.
Whether your home is already on the market or you're just getting started, these are four things that can cause your home sale to stall.
1. Unrealistic pricing
The top reason a home gets stuck on the market is overpricing. You know, pricing a home is a delicate task. As a listing agent, I want my client to get the very best deal possible, but I don't want to leave money on the table.
11
When's the best time to sell your Roanoke Valley home? Right now.
Are you preparing your home for the spring market now that the holidays are over? That's great, but I'd like to suggest that you speed up your timeline. Here are a few reasons why:
1. Don't be fooled: There are buyers in the market.
Buyers are looking for homes because they need to make a move for different reasons — job opportunities, financial necessities, the need for more space — but rarely do they have an unlimited timeline. If they're looking for a home around the holidays or just after the first of the year, they're looking because they need to move. And even if they do have an unlimited timeline, a smart agent will advise them that conditions are right to buy now.
2. The current housing...
10
Join me in August for our homebuying seminar
UPDATED 8/10/18
Homebuyers have access to more information than ever about the real estate market, individual properties and the homebuying process. If you've been doing your research, I'm sure you're finding all kinds of things, both helpful and not so much.
That's why I want to invite you to a homebuying seminar I'm hosting with a colleague this month. It's called "Buying a Home? Tips and Tools for Success." I'll be joined by Karen Hankins, Atlantic Bay Mortgage Group's Western Region business development manager.
Our goal is to sort through the information that's out there and share with you the best of what we know from our combined decades of experience in the real estate and mortgage industries.
T...
29
Short sale vs. foreclosure: What's the difference?
Just like any industry, real estate is full of terms to which many folks haven't been exposed. When searching for a new home, you might run across a property for sale that is described as a "short sale" or "foreclosure."
Sometimes you get lucky, but often these homes aren't in the best shape. These types of sales usually accompany some sort of financial hardship on the part of the seller, who hasn't necessarily had the money to spend on maintenance and upgrades.
Still, short sales and foreclosures can be excellent opportunities, particularly for investors who intend to rehab them and then sell or rent them, or buyers who want to take on fixer-uppers for themselves. Either way, it's important to understand the difference between the two before you buy.
Short sale
A shor...
21
Thank you for a good year!
It's been a busy year in the Roanoke Valley real estate market. While inventory has been historically low, data from the Roanoke Valley Association of Realtors shows that 2017 has already surpassed 2016 in volume sold — that's how much has been sold in dollars. Likewise, we're on pace to top 2016's number of residential units sold.
For me, personally, 2017 has been my best year since I started working in real estate, and that's what prompted me to write this post.
You know, I've been in business in the Roanoke region for a long time — first, in my family's business, now in real estate — and I've learned some really critical lessons. The one that stands out as I look back over this year is that relationships are so impo...