The easy answer is – everything is always negotiable. The better question is – in the current market, how likely is it to negotiate the price?

Let me start by saying, yes, you can withdraw from a contract. I’m going to walk through your options if you are buying a home in Hampton Roads, Virginia.

This is a common question we hear as agents and here’s the truth – no one has a crystal ball. A licensed and experienced real estate agent can tell you what is happening in the market and tell you the average number of days it takes to sell, but every house is unique.

In short, yes, it’s a great time to sell. With very low inventory and high buyer demand, homes have never seen such significant value increase in such a short time.

This is a common question especially in a busy real estate market where there are more sellers than buyers. This is also, quite honestly, a good question for a seller to ask. Make sure your real estate agent has a good answer, and if they don’t, find a new real estate agent.

In determining a home’s market value, a good real estate agent needs to factor in both the emotional and the rational value of a home.

Inflation is certainly a buzzword in our current culture. But what does it mean for you, a potential buyer, and how does it affect your buying power?

Here’s the truth, the purchase price does matter but only in how it impacts your monthly payment. The only ones that should be focusing on the price are the sellers because it directly impacts their net profit.

Affordability is a very hot topic right now. Truthfully, there is a lot of bad information out there. It makes sense to assume that increasing home costs equals a decrease in affordability, but there is way more complexity to the answer.

Before we can answer this question together we need to answer the first question that should be asked – am I able to buy a new home without selling my current home?

Now, you can take as long as you want to find a home. I’ve had a buyer take literally just one hour and a buyer take a year and a half. Find a real estate agent who will be patient with you.

Think of your real estate agent as a quarterback. Their job is to execute the play and make sure the right person (whether the mortgage lender, lawyer, home inspector, etc...) has the ball when they need it.

First, let me start off by saying it’s also ok for you to NOT buy the first house that you see. But that’s not the argument in this post. Here, I am refuting the common, oft-quoted phrase, “Never buy the first house you see.”

Did you know that the #1 most Googled question regarding real estate right now is, “Are we in a housing bubble”? So, I want to take a moment right now and answer this for you so you can stop your Googling (is that a word? Who knows).

First impressions are crucial. You’ve probably heard the old saying, “You never get a second chance to make a great first impression.” This is as true in life as it is in selling your home.