Real Estate Blog

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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Community and Neighborhood Pools in Hampton Roads

The Hampton Roads area offers lots of things to do in the summer, including many neighborhood pools where you are sure to find plenty of friends and neighbors to enjoy the warm summer days.  Here is a list of local pools in case you are looking for ways to add instant entertainment to your summer--each one is linked to the club or swim team's webpage, and has an address so you can find the one closest to you. Each pool listed below also has a swim team, so grab your goggles and be ready to make a splash! 

 

Alanton-Baycliff:

1500 Stephens Rd.  Virginia Beach, VA 23454

Broad Bay Country Club:

2120 Lords Landing, Virginia Beach VA 23454    

Carolanne Farms:

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We love this for the quick preparation time and the flexibility with ingredients. We're ready to shed the heavy winter dishes and look forward to some lighter dinners as the weather warms up. This Lemon Ricotta Farfalle is a perfect weeknight meal or side dish. Feel free to adjust things to taste, add a protein of your choice, or even more veggies or fun pasta shapes for the kids. Enjoy! (From HomeBase: TREG online magazine) 

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Despite a few colder-than-normal spring days, local strawberry plants are right on schedule for picking.

Most of Virginia Beach’s farmers who grow strawberries have opened their fields to pickers in the past week or plan to open them by the end of the month.

And for those who prefer to leave the work to their favorite local farmer, several Virginia Beach farms have their own markets or produce stands that will now have fresh strawberries. (From Pilot Online)

To read the complete article, click here. 

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7 Reasons Your Realtor Is The Best Friend You Never Knew You Had...

by Sarah D'Hondt

There are a few times in life when we connect with a person and develop a strong bond of friendship, trust, and admiration for one another. These lifelong besties may enter your life in high school, or become your college roommate, work colleagues, or as your future spouse.

Some people may come and go in your life, but one special person will always be there for you; to stand beside you, and guide you, comfort you and console you. This amazingly special person is: YOUR REALTOR.

Realtors are Superheroes who make your dreams happen, and will travel the ends of the county, working tirelessly for YOU.

Realtors go above and beyond to protect your best

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