Market Insights Blog

We are not in any way saying marketing your home and getting it sold is a walk in the park but this article, http://today.msnbc.msn.com/id/43551088/ns/business-personal_finance/ gives you good, sound advice to the things you need to do get your home sold vs the buyer purchasing your neighbors. 

Listen to New American Mortgage's Ignacio Metcalf and Toby Harris by clicking here http://www.wina.com/play_window.php?audioType=Episode&audioId=5361135 as they share the "ins an outs" of what is happening with home mortgages.  Contrary to what many are saying, there are still loans out their that you can qualify for and that don't take a significant down payment.

Listen to this podcast where New American Mortgage discusses how to use this type of financing to buy a home.  http://www.wina.com/play_window.php?audioType=Episode&audioId=4937071

It is not for everyone but for those that meet the criteria, you will be surprised by how this could help you purchase a home while staying within your means.

Listen to this podcast of Joel Loving talking to Roy Wheeler Realty Company CEO, Michael Guthrie on his weekly radio show http://www.facebook.com/realestatematters by clicking on this link http://www.wina.com/play_window.php?audioType=Episode&audioId=5342566  You can also listen to Part I of this show by going to http://www.wina.com clicking on Real Estate Matters and finsing the podcast of the 6/4 show there.

Although foreclosures are impacting our market, the number of homes in trouble here is less than in other parts of the State as well as nationally.  The other good news is that fewer homeowners are behind on their mortgage payment than had previously been reported. http://www.nbc29.com/story/14860859/charlottesville-home-foreclosures-

http://www.inman.com/news/2011/06/6/harvard-real-estate-recovery-hinges-return-demand  Here is an article that supports our claim that until we can reduce the number of homes on the market, we cannot expect the housing market to recover regardless of lower home prices and low interest rates.  Until that happens, we will remain in a very sensitive

Our Mortgage partner posted this link http://www.newamerican.com/blog/ on their blog today.  The real estate market continues to be a challenge but efforts like the Realtors put forth this past weekend will hopefully result in sellers finding buyers for their homes. 

Click on this link http://blog.coldwellbanker.com/hey-case-shiller-its-not-the-end-of-the-real-estate-world/ and read a very resaonable assessment of what is happening in the housing market and why it "maybe" the right time for you to consider buying your 1st home or moving up to your next one.  As this blog post states and what we have been saying on http://www.facebook.com/realestatemaatters , the buying and selling of real estate continues to be local and therefore you can't make your decisions based on regional or national statistics.  What you can take to the bank is that increased inventory and low interest rates are giving buyers a window of time to buy something for the 1st time, move up, or downsize.  if you are in any one of these categories, you owe it to yourself to take a look and decide whether now might just be the right time for you.