Your wild home-buying, selling stories: These 17 help paint the picture
Weโve all heard about it by now: Houses are selling like crazy (and they have been for quite some time now), interest rates have been at all-time lows, and it seems like everywhere you turn, you learn of another wild real estate story.
You paid HOW much over asking? Tell us your wild housing market stories here
Weโve all heard about it by now: Houses are selling like crazy (and they have been for quite some time), interest rates have been at all-time lows, and it seems like everywhere you turn, you learn of another wild real estate story.
Roanoke home sales increase amid pandemic
ROANOKE, Va Despite the pandemic, home sales across the Roanoke Valley have been increasing by the day. The real estate industry has a major across the economic footprint across the Roanoke Valley as well as the United States, Roanoke Valley Association of Realtors President Walter Grewe said. Grewe says because historically low interest rates are causing an increase in demand, the average price of homes in Roanoke is rising by the day. In July we saw an 18% increase in average sale price, our average sale price was somewhere in the 270s so that equates to roughly $40,000 Grewe said. Other factors contributing to the increase include the recent need for accommodations to work and learn from home during the pandemic.
Ready to tackle home improvement projects now that you finally have some time? 5 tips
More time at home has turned into more of an opportunity to do various home improvement projects, although that sometimes can be dangerous. Scott Frankel, co-president of Frankel Building Group in Texas, offered five tips for those who are currently attempting or about to start home renovation projects while quarantined. They arenโt things that are going to necessarily wow your neighbor, but they need to be done.โDonโt bring in outside workers. Itโs a real easy way to throw your back out or slip off of a ladder.โClean out items you donโt need anymore. โWhen you go to a professional and you say that this is what you want to do, your ideas are organized,โ Frankel said.