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Could Brexit Actually Be a Positive for U.S. Real Estate?
The surprising result of the U.K. referendum may offset other expected market effects this year. The United Kingdom's vote on June 23rd to leave the European Union left people shocked and the global markets took a large fall although they returned to normal after a few days. Real estate is rarely impacted by external factors whether it is domestic or foreign. Stock markets are impacted immediately, real estate transactions require due diligence and will continue as scheduled. Real estate factors can also...
Mortgage Rate Update for July 12, 2016
Mortgage Rate Update for July 12, 2016 The average rate borrowers were quoted on Zillow was 3.28 percent. Mortgage rates increased this week for 30-year fixed mortgages to 3.28 %. About a 1 basis point increase from last week. The rates have been steady still at all-time lows and hovering around 3.28%. “This week, rates could begin a gradual rise as the political situation in the U.K. stabilizes but could turn volatile toward the end of the week in response to U.S. inflation and consumer...
Featured Listing – 3628 Sandfiddler Road
New home for sale in Sandbridge Beach - 3628 Sandfiddler Rd Oceanfront home located on the quiet South End of Sandbridge. This beachfront cottage is in excellent condition with 8 master bedroom suites with full baths. Even an option for a 9th bedroom in the den! Bathrooms updated with new tile showers. Updated kitchen with granite counter tops and large breakfast bar. 4,000 square food home with high vaulted ceilings, large windows and an open floor plan. Outside there is a large...
NEW LISTING – 3336 Sandfiddler Road
3336 Sandfiddler Road, Sandbridge Beach, Virginia Beach Beachfront, three story home with over 2,300 square feet located on Sandfiddler Road in Sandbridge Beach. Beautifully updated home that was rebuilt and expanded in 2003. New plumbing, HVAC, electrical, roof, exterior, windows and doors. Move in ready home with trendy furnishings all convey! Updated Kitchen with granite countertops and large breakfast bar. Cant get closer to the ocean than with this home right on the beach with open beach access. Beautiful sunset and...
Sandbridge Real Estate Update! Spring/Summer 2016
It is almost summer and the market is HOT in Sandbridge! It is a buyers market and now is a great time to invest in your beach front property. Read on to find out more about the current real estate market in Sandbridge Beach, Virginia! Positive Real Estate Market Indicators in Sandbridge Beach 1. Lowest level of homes for sale in recent years. 2. We have seen competing offers on some properties. 3. Buyers are willing to meet Seller demands, indicating a shift in leverage...
Featured Listing – 3500 Sandfiddler Road
3500 Sandfiddler Road is a beautiful oceanfront beach home just listed Sandbridge Beach, Virginia! This beach cottage is located steps from the ocean directly on the beach with a huge lot! 80 foot oceanfront lot with bulkhead which instantly adds value. 1,738 square foot two story home with plenty of room for expansion and building on large bulkheaded lot. This home has proven rental history with wide wrap around deck on second story with pristine views of the sunrise. Enjoy the hot...