Real Estate Group Blog for Hampton Roads, Williamsburg & N. Carolina - Blog Archive: November, 2019

Real Estate Group Blog for Hampton Roads, Williamsburg & N. Carolina. Keep up on all the latest happenings and local market information.

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November 2019

There are 9 blog entries for November 2019.

(Virginia Beach, Virginia – November 2019) Real Estate Information Network Inc. (REIN), the regional Multiple Listing Service, reports a rise in the region’s residential home price in October 2019. The median sales price was $240,000, up 2.13% from October 2018. Residential settled sales for the region are also up, rising a substantial 14.81% year-over-year with 2,652 closed units.
The number of homes that went under contract in October rose significantly. The region’s residential pending sales saw 2,677 homes go under contract in October 2019, an increase of 21.52% from October 2018.
“Consumer confidence in homeownership continues to be strong, as demonstrated by an increase in residential sales of over 20%,” said Barbara Wolcott, REIN’s President.

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Tips for selling during the holiday season!

Should I decorate it? Yes.

The purpose of staging, or decorating a home during this time of year is to help people visualize themselves living in your home. A christmas tree, holiday decorations, and festive colors throughout your all add to this cozy, warm comfortable feeling that turns potential buyers who visit your home into offers to buy it.

The key for most sellers is not really about decorating or not. It is more about the amount of decoration. Too much will cause your home to feel small and even cluttered. Your best bet is to decorated for the season, but use less than you may be accustomed to so that your home feels more spacious and roomy.  Less truly is more!

Professional (and seasonal)

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Who builds your home is important.

If you visit TREGNEWHOMES.com you will see a page where we feature selected builders from all around Hampton Roads. This page lets you drill down into not only the builders and the types of homes they specialize in, but also the New Home Communities that they are a part of and a little bit about them. We do this so that you have a place to start your planning process to find the perfect person for you to build your home. 

Our Featured Builder Page is a great place to start.

If you visit the featured builders page linked above, you will see this:

 

Clicking on each of these links will take you to both a little bit about our featured builders but also to examples of the new homes that they have listed.

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New Homes in Elizabeth City

Starting Under $200K

Tooley Harbor & Creekside Farms

Are you in the market for a new home? Are you thinking that you would like something that is brand new and not just "new to you"? Today we are going to feature new homes in Elizabeth City.

Tooley Harbor

Tooley Harbor is a planned waterfront community located on a navigable canal and part of the Pasquotank River. The community contains 400 planned residences and is to be composed in three phases. The planned amenities include private boat ramps, marina, canal & river access, and boardwalks. Visit the link above to see more information about Tooley Harbor.

Creekside Farms

Creekside Farms is located 35 minutes from Greenbrier, 40 minutes from

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When it comes to beachfront or oceanfront property, Virginia Beach has some amazing homes to choose from. While there are 28 miles of beachfront shoreline in Virginia Beach, not all of that is residential, and an even smaller percentage of that is luxury beachfront residential homes. So if you are looking to live on the beach (or to buy a home that you may choose to rent out), the choices are somewhat more limited. Here are three beachfront neighborhoods of Virginia Beach that find their way onto many buyers' lists:

Croatan - Croatan is upscale but offers an oceanfront resort lifestyle to its residents. Just south of the Rudee Inlet Bridge, boardwalk is nearby, shopping and dining conveniently close but residences enjoy a quiet, peaceful setting that

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Technology has rapidly changed almost every business that we work in. No matter our occupation, advances in technology have made virtually all parts of the business more efficient and in most cases more effective.

If you are thinking about renting out your home, and considering whether to use a property management company or deciding which one to select, here are some advances in property management technology that you may want to make sure you have on your side.

Online Portals for Payment – Providing tenants with an easy way to make payments online improves payment and saves you time in the people are not trying to reach you by hand. “The check’s in the mail.” is ideally a thing of the past.

Automated Repair / Maintenance requests  - 

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A home is where we live and where we spend most of our time. It makes sense that our home environment should be the cleanest and safest environment that we can make it. Below are the top six items in a home that can cause health issues and how to protect yourself and your family.

Mold - What we lump generally into the category of "mold" are actually a really wide variety of "fungi" that enter homes via windows, vents, screen doors, pets or even are tracked in on our feet.  Dry mold ittself does not cause many issues, but mold spores with moisture to feed on grow explosively and  can chause chronic cough and fatigue, eye irritation, headaches, and skin rashes and many other symptoms. Untreated and with prolonged exposure, mold can cause asthma,

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 When you own a home and are relocating to a new duty station, you likely have a couple of choices for your home. While most people will want to simply sell their home, some will want to keep it and rent it out.

Here are some of the considerations that you may want to think about when deciding if renting your home out is right for you:


The potential benefits:

Equity build up

One of the major benefits of continuing to own your home and rent it out is that rental payments will help pay down the balance on your mortgage. This is typically the main reason that military families consider renting out their home when they move. But there are other, less obvious ones.

Is the home in a location where you plan to return?

Often, Hampton Roads

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Regularly changing the air filter in your home furnace and returns seems like a small thing, but simply changing out your air filters can have a large positive effect on your home.

Here is what changing out your filters actually does to the air in your home (and your wallet!)

Costs go down with a cleaner filter. Whether your HVAC system is large or small and no matter how much air flows through it, it is either running or not running. If it is not running, the conditioned air sits around the coils rather than getting pumped through the home. If it is doing that, then you are heating or cooling the same air over and over. Simple as that. And when a clogged air filter slows the air moving out to the home, the air will warm (if the AC is on) and cool

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