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The Fed Announcement: What It Means for Mortgage Rates and the Housing Market

Sandbridge Real Estate Net

The Federal Open Market Committee announced on September 17, 2015 that the benchmark interest rate for short-term lending will remain at its current level of 0-.25 percent. U.S. interests rates remain at historically low levels, even though 2015 was supposedly the year they were going to rise. That being said, in the next couple of months rates will eventual slow start to climb. “The federal funds rate, and in turn mortgage rates, remain low and will likely end the year roughly...

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FOR SALE! – 2709 Sandpiper Road

Sandbridge Real Estate Net

2709 Sandpiper Road For Sale in Sandbridge Beach! Contemporary beach home located in Sandbridge Beach. Short walk to the ocean and close to Sandbridge Seaside Market, Restaurants and more. This home has 4 bedrooms, 2 baths and over 1,600 square feet. Built in 2000, this home has yet to be used as a rental, only original owner. Bright open floor plan, high ceilings and great curb appeal! Beautiful, quiet backyard backs to wooded area. Large grassy fenced in backyard with storage shed. This backyard...

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How Old Are the Homes in Virginia?

Sandbridge Real Estate Net

1920-1929: Washington, DC 1950-1959: California, Connecticut, Illinois, Kansas, Michigan, Missouri, New Jersey, New York, Ohio, Pennsylvania, Rhode Island,  Wisconsin 1970-1979: Hawaii, Mississippi, Nebraska, North Dakota, Oklahoma,  Oregon, West Virginia, Wyoming 1980-1989:  Alaska, Louisiana, Maine, Maryland,  Massachusetts, New Hampshire, Vermont, Virginia 1990-1999: Delaware, Indiana 2000-2010: Alabama, Arizona, Arkansas, Colorado, Florida, Georgia, Idaho, Iowa, Kentucky, Minnesota, Montana, Nevada, New Mexico, North Carolina, South Carolina, South Dakota, Tennessee, Texas, Utah, Washington The majority of homes in Virginia were built in the 1980's. Not only is this a fun trivia fact, this gives you a look into the Real Estate history, home...

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FOR SALE – 348 Back Bay Crescent

348 Back Bay Crescent is a custom built home located on the Back Bay of Sandbridge Beach. Picture perfect home built in 2005 by Scott Shields. This home will leave your guests in awe. Nearly 4,000 square feet with 5 bedrooms and 4 and a half baths. The perfect size for your family with room for entertaining. The upgraded home has upgrades galore with an elevator, two master suites and 3 fireplaces. Located right on the Back Bay, it has...

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FOR SALE – 313 Pike Circle

Sandbridge Real Estate Net

For Sale in Sandbridge Beach, Virginia! 313 Pike Circle. This affordable Sandbridge Beach home has 5 bedrooms, 3 baths and over 3,500 square feet. Great home that is right near back bay with dedicated access alongside lot. Located on a quiet cul-de-sac this is a great location for anyone. Only a short walk to the ocean, you will be enjoying sand between your toes within minutes. You can also enjoy the large in ground pool ideal for entertaining. This home is located on a...

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Sandbridge Market Activity June – August 2015

Sandbridge Real Estate Net

In the 60 days ending 8/21/15 eight single family Sandbridge homes closed. These 8 sales reflect market activity over roughly the last 90 days. The sales were spread evenly over all variety of types, prices and locations. There wasn’t any area, type or price that was more active than another. 6 of the 8 houses were listed for sale. There were 2 sold before ever being listed, although these are shown as FSBO (for sale by owner) each had an agent involved in the sale....

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