Before even considering finding the right home or the right neighborhood, most home buyers must be convinced that the benefits of home ownership outweigh the risks. Until three years ago, this was a no brainer. Home prices in Virginia Beach had made new highs every year for 50 years. There seemed to be very little [...]
Entries from January 2011
Virginia Beach Home Prices
January 26th, 2011 · No Comments · Homes, Virginia Beach
Tags: Virginia Beach
Building Equity
January 6th, 2011 · 2 Comments · Homes, Virginia Beach
If you were to buy a home today in Virginia Beach, how long would it take for you to break even? a. 3 years b. 5 years c. 7 years d. All of the above The answer is “All of the above,” of course, because it depends on the details. The important thing to understand [...]
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To Rent Or Not To Rent
January 3rd, 2011 · No Comments · Virginia Beach
When the time comes to move into a bigger home or change neighborhoods, the decision to sell or rent always comes up. There is no right or wrong answer but there are three important things to consider. Can you accept selling your home at market value? For those who purchased their home before 2005, you [...]
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