Is it a Good Time to Buy or Sell?

We have seen a lot of national headlines this summer about a slowing real estate market. Locally, we are seeing some signs of that slow down as well, but determining if the market has truly slowed is much more nuanced. Are you judging the market based on total number...

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Remodeling Project with a 100% return is…

Congratulations goes to Angie White who was able to figure out the correct answer to last month’s trivia question - even though she and her family are currently living in Italy! The home improvement project that recoups the most cost recovery is a new front door....

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Remodeling Project with 100% Return!?!?

Summer is a popular home improvement time and, based on a study completed last year by the National Association of Realtors, only one project came back with dollar for dollar return on the value of your home. We will go into more detail on the entire study next month....

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May 2025 Update

Before we talk about this month’s update, we wanted to start with a short follow up from last month’s email. We answered one of our most frequently asked questions, “When is the best time to sell?” If you missed it, or just wanted to re-read it, you can find it on our...

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Most Frequently Asked Questions

We decided to focus this month's newsletter on one of our most frequently asked questions: “When is the best time to sell?” A recent national study by Realtor.com revealed that a home will sell about 9 days faster than the average time (and sell for 1.1% higher!) if...

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Does January Matter?

Does January matter? Or, to be more specific, do January numbers matter? The statistics from Hampton Roads for January 2025, courtesy of our local MLS the Real Estate Information Network (REIN), show that the total number of listings are up almost 25%, the number of...

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Dusting Off Our Crystal Ball

For the last couple of years, we have used our January newsletter to make predictions about the upcoming year. Here is a link to our newsletter from 2024 and here is 2023. Just like last year, we will also run a trivia contest. To enter, reply back to...

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Longer Time, Higher Prices, and Steady Supply…

As we get closer to winter, real estate sales historically start to slow after a busy summer and fall. Major events (like a national election) tend to cause potential buyers and sellers to wait on the sidelines until the dust settles. When you look at September...

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Much Ado About Nothing…

The Federal Reserve reduced the target rate by half a point this month. While the target rate influences all of the interest rates, it is different than the 30 year mortgage rate. The 30 year mortgage rate didn’t move much. Why? Because the Federal Reserve had been...

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