wait to make an offer because you hope the sellers will drop the price, you are likely to miss out. On the other hand, if you are handy, and willing to do some improvements or renovations, there are still some very good deals to be had, particularly in previously owned, newer homes or even in historic properties. Educate yourself about the type of property you are interested in, talk with a bank about what you can afford, and enlist the services of a real estate professional to assist you in your search to prevent any unforeseen issues or disappointments. Real estate can be a volatile and challenging market to stay on top of, which is why the best real estate professionals will always recommend that you take the time to interview several agents before selecting the one who you feel understands your situation and has the experience and expertise to be the best guide for you. The real estate forecast for Central Virginia is a good one: solid, steady, moderate growth across the market for 2017. The area continues to thrive, with the exponential growth of local universities and healthy diversification of industry from healthcare to nuclear technology, and manufacturing. In addition to newly nesting millennials, the area is also seeing an influx of the newly retired baby-boomers from up and down the Eastern seaboard who’ve chosen the area for its location, climate, charm and historic importance—not to mention the added attractions of features such as walkability, a vibrant city market, and the Riverwalk Trail downtown. With a forecast like this, regardless of whether you are selling or buying, or just taking an active interest in the local real estate markets in the coming year, for Central Virginia the year ahead looks sunny indeed. ✦
-4941 at WWW.nmlsconsumeraccess.org NMLS#158115
Buying a New Home is not just an American Dream, but the chance to “Create your own Paradise” Starting with the right professionals for a smooth transition. We can assist you with Residential or Commercial properties whether Investments, First Time Home purchases or a 2nd Home/Vacation home at SML. We are here for you! T. Y. Mortgage can assist and make it a One Stop Shop experience. Please consider the T. Y. Team for all your Real Estate needs.
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Central Virginia HOME Spring 2017