Real Estate Blog

If you are planning on listing your home for sale, make sure that you don’t overlook the condition of your kitchen. A recent article on realtor.com listed “7 Signs Your Kitchen Is Way Overdue for a Renovation,” in which they warned:

“Dated kitchens—just like bathrooms—are a major barrier for resale. Buyers want modern amenities and styling, and most aren’t interested in renovating post-purchase.”

Kitchen remodels can be pricey, with many complete remodels costing $20,000 or more. But not every kitchen needs a full remodel. There are many smaller projects that will help buyers see themselves trying their favorite Pinterest recipe in your home!

Here are a couple of project ideas that, if you’re handy or know someone who is, could end up

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Buying is Now 37.7% Cheaper Than Renting in the US

The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting with a traditional 30-year fixed rate mortgage in the 100 largest metro areas in the United States.

The updated numbers actually show that the range is an average of 17.4% less expensive in Honolulu (HI), all the way up to 53.2% less expensive in Miami & West Palm Beach (FL), and 37.7% nationwide!

Other interesting findings in the report include:

  • Interest rates have remained low, and even though home prices have appreciated around the country, they haven’t greatly outpaced rental appreciation.
  • Home prices would have to appreciate by a range of over 23% in Honolulu (HI),
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The Ziemer Team is happy to announce that we have added another agent to our wonderful team!

Kelly Fite moved to Virginia Beach from Grand Rapids, Michigan after marrying her high school sweet heart. Being a military spouse left her with a longing to connect and build relationships with the people around her. After 4 years of teaching preschool and having 2 children of her own, a door opened giving her the opportunity to become a Realtor. This career change was something she had dreamed of, because it gave her an opportunity to focus on adult relationships while still allowing special time for her family. Kelly is devoted to serving the Lord, her husband, two sons, and now her future clients.

 Grateful for this opportunity, Kelly looks forward

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UNDER CONTRACT:  This home on Wynngate Drive went under contract in less than 24 hours and for FULL PRICE. When the sellers contacted us, they wanted to know what they should do to ensure a quick sale, but also get the most money out of their home. We gave them a list based on what we know buyers are looking for--we helped them focus on what would pack the most punch and what would take their hard earned money the farthest. It is not always about the bells and whistles that sell a home, but usually buyers want to see a home that is well maintained and cared for, with fresh paint and no clutter. There are a lot of ways to achieve this, and we are happy to walk through the process with our clients. We also have a trusted network of contractors and

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Today's market can be pretty frustrating for buyers.  We have a lack of inventory, and if a home is renovated nicely it will go under contract quickly.  That is great for sellers but not for buyers.   We always tell our clients that we will find them a house no matter what, TRUST US.  I don't think that most people understand what that means or believe that we can actually live up to that promise.  Well this is the story of the Griffin's--we were able to do what most thought was impossible.  

The Griffin's were moving into the area from out of town.  They were scheduled to be in town for a long weekend to look at homes and they had to find a home.  Prior to their trip to Virginia Beach, they shared their frustration with the lack of homes available

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Existing home sales jumped in May to their highest increase in almost 10 years, according to a recent report by the National Association of Realtors.  

While existing home sales may have jumped, the high demand and lagging home prices caused the median sales prices to also shoot up to an all-time high, according to NAR.

In fact, all regions except for the Midwest saw strong sales increases in May.

Total existing home sales, or completed transactions that include single-family homes, townhomes, condominiums and co-ops, increased by 1.8% to a seasonally adjusted annual rate of 5.53 million in May. This is up from April’s 5.43 million.

To read more, visit Housing Wire. 

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Garden Party

Tips and Tricks for Throwing the Perfect Backyard Fete

WRITTEN BY CATRIONA TUDOR ERLER

It’s summertime, and the living is easy. Take advantage of the extended daylight hours and beauty of the natural landscape by moving your dining and entertaining outdoors. This summer, have some fun with out-of-the-ordinary outdoor affairs.

In summer, dining alfresco is a delight for any meal. Consider hosting an outdoor tea party complete with scones, strawberry jam, and whipped or clotted cream. If tea is too tame, invite your friends for a competitive game of croquet, volleyball, or badminton on the lawn followed by a barbecue. Host a luau with an instructor to teach the hula. The possibilities for entertaining outside are limited

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10 Ways to Boost Your Home's Value on a $200 to 2K Budget

From Styled, Staged, and Sold

Maintaining and increasing your home’s value can pay off in major ways. Not only does helping your home hold value help it sell for its full amount, it can also help your home sell more quickly, help maintain your neighbor’s home values, and ensure that you’re not overpaying in property taxes.

These 10 projects are listed from least to most expensive, and may help you increase your home’s value. Best part: None of these projects cost more than $2,000, so you don’t have to break the bank to take on these projects either. For a list of 10 ways to boost your home value, click here. 

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From REIN--encouraging news for anyone who is interested in selling in Hampton Roads! We have many buyers who are ready to buy a home, but there are not enough homes for them to buy! If you were ever thinking about moving, now is the time! 

 

Average Days on Market Drops to Lowest Measure Since August 2007 (Virginia Beach, Virginia – May 2016)

From REIN

April’s Hampton Roads real estate statistics continue to support the emergence of a strong and steady market. The number of residential pending and settled sales maintained positive trends year-over-year, while the number of active listings for sale once again bore a downward trajectory. The market’s solidity became even more evident as market time dropped to a level not seen in Hampton Roads

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