Specializing in Chesterfield VA Real Estate Services

Market Outlook

Interest Rates Remain at Historic Lows… But for How Long?

Interest Rates Remain at Historic Lows… But for How Long? The interest rate you pay on your home mortgage has a direct impact on your monthly payment; The higher the rate, the greater your payment will be. That is why it is important to look at where the experts believe rates are headed when deciding to buy now or wait until next year. The 30-year fixed mortgage rate has fallen half a percentage...

Months Supply Of Housing Inventory in Zip Code 23836

What does months supply mean in the real estate world?  Month supply means if no other home were to come on the market for sale, based on the current active listings vs sold listing it would take so many months to sell the current inventory. To put this in perspective 0-4 Sellers market.  More buyers than homes to put them in. 4-6 Normal market.  Neither a buyer or sellers market. 6 and above...

How to Get The Most Money When Selling Your Home

Every homeowner wants to make sure they maximize their financial reward when selling their home. But how do you guarantee that you receive maximum value for your house? Here are two keys to ensuring you get the highest price possible. 1. Price it a LITTLE LOW This may seem counterintuitive. However, let’s look at this concept for a moment. Many homeowners think that pricing their home a little OVER...

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