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Peninsula Housing Market On the Mend
According to a recent Daily Press article, the Peninsula housing market is improving. Foreclosures are down, housing inventories for both new construction homes and resale homes are declining and...
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Rent Too High? Why Not Buy?
Rent prices in Hampton Roads are higher than some other metro areas, according to a recent newscast by reporter Kristina Zverjako on 13News. A number of studies do indeed show that about half of...
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5 To-do’s Before Mortgage Rates Rise
Most economists polled recently by The Wall Street Journal said they expect the Fed to boost short-term interest rates in December, from rates that have hovered near 0% these past seven years, and Fed...
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A Low Mortgage Rate–the Holiday Gift That Keeps On Giving!
A new home is a wonderful holiday gift for you and your family, but an even better gift is one that you receive monthly: a low mortgage rate! Here are 7 tips to help you acquire that gift: 1. Get your...
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Come in From the Cold (or Heat!) at Sterling Springs
This warm weather is not going to last–winter is still just around the corner! But there’s no need to worry about high monthly heating (or cooling!) costs in one of VEI Homes new construction homes in...
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Think You Don’t Have Enough For a Down Payment On a New Home in 2016? Think...
With rising home prices, it’s sometimes hard for a buyer to come up with a down payment. According to a recent study by Coldwell Banker Real Estate, the national average listing price for a...
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Home Rental Market Aging
According to a recent report by CNN Money, younger folks just starting out, who, until now, were the typical home renters, are being edged out of the rental home market by older renters who usually...
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How to Save For a Down Payment on Your New Home
These days, a new homebuyer may need up to 10% of the purchase price of a new home for the down payment–plus closing costs! This might be hard to do, but it’s not impossible, if you reconsider some...
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Real Estate Myths for Buyers or Sellers
(or “I read it on the Internet, so it must be true!”) Buying or selling a home or other real property without the assistance of a real estate agent MIGHT save you a little money, but, according to a...
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Five Financial Benefits to Owning a Home
Buyers have their own reasons to buy a home, but according to a study by Eric Belsky, Managing Director of the Joint Center of Housing Studies at Harvard University, there are five financial benefits:...
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