View Post

Amp Up Resale with Small Maintenance & Repairs

In For FSBO, For Sellers by jesslynmoir

Whether you’re putting your home on the market this year or in the next five years, it is a smart decision to start building your home’s resale value now. Here are just one way to create a comfortable home while making it easier to put more money into your bank account on closing day. Small Maintenance and Repairs If you think that home maintenance on the weekends waste your time and energy, think again. The small chores you do around your home prevents it from losing value. Neglecting small maintenance and repairs causes 10% of your home’s value to walk out …

View Post

Warren Buffett: There is No Housing Bubble

In For Sellers, Market Updates by jesslynmoir

With home prices expected to appreciate by over 5% this year, some are beginning to worry about a new housing bubble forming. Warren Buffet addressed this issue last week in an article by Fortune Magazine. He simply explained: “I don’t see a nationwide bubble in real estate right now at all.” Later, when questioned whether real estate and/or mortgaging could present the same challenges for the economy as they did in 2008, Buffet said: “I don’t think we will have a repeat of that.” What factors are driving home prices up in the Fredericksburg VA real estate market? It is …