Archive for May, 2012

Featured Property of the Week

Wednesday, May 30th, 2012

new pics 047 216 Clay St   Suffolk, VA 23434

Stately remodeled Victorian in Old Town Suffolk. Hardwood floors, spacious rooms, warp-around front porch, formal rooms, 2.5 baths and remodeled kitchen. Come see its beauty and live large! Walking distance to shops, Cultural Arts Center, restaurants and employment.

Listed by: Harry Cross

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Harry’s Monthly Real Estate Insight

Wednesday, May 23rd, 2012

Our market had a good spurt in March and has been better than last year, but not enough to make any real significant changes. It is going in the right direction, which is good news. The really good news is shown in the “Housing Affordability Index” (Wells Fargo data). What this index computes is how much, as a percentage of income, it takes to purchase or rent a home. It is affected by Supply (listings), market demand (number of buyers) and the cost of financing. We have gone from a market that had way too many listings, about a ten month inventory, to a seven month inventory. We want a five to six month inventory. The biggest positive effect on the Housing Affordability Index is that prices have declined to where it takes, on average, 37.5% of the average income to buy a home. This is based on a medium priced home at $220,000 with a payment (PITI) of $1,242.00. That is a very good number for the incomes in the $50,000.00 to $75,000.00 income range. Now there are variables to this, but in general, this is good news for buyers. SO BUYERS, WHAT ARE YOU WAITING FOR! Interest rates are at their lowest and they have to go up, so if you are thinking of getting a new home, now looks like a great time to do it!

On a community note. Have you seen the new YMCA Camp Arrowhead on Kenyon Road? Wow, indoor swimming pool, archery range, climbing tower, track, huge fields, indoor learning areas and much more. I wish my grandchildren were old enough to go! I wish I could go, in fact, maybe I will go! Only $130.00 (member) for one week including lunch and snack from 6 am to 6 pm. Scholarships and financial assistance are available. Call 934-9622 to register your kids. Filling up, better call today! Opens June 18 for ages 5-12. Please send this info on to someone you know that might be interested. Thanks!


Featured Property of the Week

Wednesday, May 23rd, 2012

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1496 Bridge Point Trail    Suffolk, VA 23432

Paradise found! Six bedrooms, deep water pier with boat lift & jet ski lifts. Enjoy the waterfront view from your new home, hot tub, pool, or multiple decks. Large detached garage, private 5 acre lot & a low cost heat system (geo-thermal) make this a must see home.

Listed by: Lee Cross

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Recipe of the Month

Wednesday, May 16th, 2012

Tortellini and Tomato Salad

tortellini-and-tomato-salad-sl-l Ingredients
  • 2 (9oz) packages refrigerated cheese-filled tortellini
  • 1/2 cup olive oil
  • 1/2 cup freshly grated Parmesan cheese
  • 3 tablespoons fresh lemon juice
  • 2 garlic cloves
  • 1 teaspoon Worcestershire sauce
  • 1/2 teaspoon salt
  • 2 cups baby heirloom tomatoes, halved
  • 1 cup fresh corn kernels
  • 1/2 cup thinly sliced green onions
  • 1/2 cup coarsely chopped fresh basil
  • Salt and pepper
Preparation
  1. Prepare tortellini according to package directions.
  2. Meanwhile, process olive oil and next 5 ingredients in a blender until smooth. Toss olive oil mixture with hot cooked tortellini, tomatoes, and next 3 ingredients. Season with salt and pepper to taste.

Southern Living Magazine-July 2011


Seven Helpful Tips For New Homeowners

Wednesday, May 16th, 2012

You’ve done it. You’ve signed the papers, received the keys and the house is yours. Now what? There are still many things to keep in mind. Below is a list of seven skills that every new homeowners should know.

We recently came across an article about some necessary skills every homeowner should know and it got us thinking…what skills should we put on such a list for all those clients who we just helped become homeowners. Well here is what we came up with.

  1. Keep all warranty, assembly, and operating information for each appliance or item in your house neatly filed, this way when something goes down you know where to go to find a solution.
  2. To locate a stud, knuckle the wall starting in a corner to compare a hollow sound to a firm sound, and then use some simple math to guide you to others as most studs are at 16 inch intervals.
  3. Unclogging a drain typically will mean using a plumbing snake to pull the gunk out. Nowadays you don’t even need a plumbing wrench to separate the pipes under your sinks to find debris. Of course ensure water is off and you have plenty of towels and buckets ready, or you could use some drainage chemicals to create a small hole in the gunk and save the heavy lifting for later.
  4. Know where your breaker box is and ensure each is labeled with a permanent marker. To find corresponding plug each switch controls have a friend plug a lamp in to sockets one by one. You will use this information one day.
  5. Know where your main water and electrical shutoffs are, either by referring to your inspection or asking the employees when they come out to read your meters.
  6. Have a list of vendors who perform every job that could possibly come up readily accessible so at any time you need help you can get it.
  7. Every once and awhile your house will need routine maintenance like an oil change for a car…things like A/C units, older appliances, etc…If you always wait for it to break first it will cost you in the long run.

Realtor.com


3 Ways To Stay Positive While Moving

Wednesday, May 16th, 2012

Moving is rough. It’s stressful, and chaotic, expensive, and physically exhausting. Not to mention moving often means leaving comfortable routines and good friends behind, and going forward into a new life that’s full of the unknown. Even if you’re moving because you want to and your reasons are full of happiness and excitement, undoubtedly at some point the moving blues will get you down. When they do here are a few ways to fight them off:

  • Remember that change is inherently good. It’s a fundamental law of the universe that things cannot stay the same, so you might as well go with it. Embrace change, with all its ups and downs, as an adventure to look forward to. Breaking free of old patterns and expanding into new territory is good, even if only as far as you can say you tried it. And if things really end up bad remember: everything changes!
  • Focus on best-case scenario It’s all too easy to get caught up in negative “what ifs” so limit yourself to dwelling on worst-case scenarios for only as long as it takes to make a disaster plan, i.e. “If the house is on fire we all run out this way and then meet at Jenny’s house down the street.” Once you know what you’ll do if the moving truck breaks down or your new job is a big flop don’t let yourself dwell on it anymore, but instead focus on all the wonderful possibilities — the awesome new walking trails you’ll find and the friends you’ll make that have hot tubs and spare tickets to all the big games. You are what you think about — positive visualization is a real tool.
  • De-stress and take care of yourself Moving is hard, both emotionally and physically, and there’s no need to be a hero. Take time out for yourself on a regular basis to de-stress, relax, and regroup so you can make the most of the experience and get through it in something other than a state of total misery and exhaustion — if you don’t take care of you no one else will!

Moving.com


Featured Property of the Week

Wednesday, May 16th, 2012

new pics 105 101 Governors Lane   Suffolk, VA 23436

Magnificent home in the sought after neighborhood of Governor’s Pointe. Close to the pool, club house, tennis courts & playground. Enjoy the river breezes from 3 different porches & lawn care is provided by POA. Huge master bedroom with French doors & balcony, high ceilings, & an open floor plan.

Listed by: Lee Cross

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Featured Property of the Week

Wednesday, May 9th, 2012

IMAG0149 1875 Manning Rd  Suffolk, VA 23434

Custom built Cape Cod on 6 acres of serenity. Enjoy over 2700 sq. ft. with large master suite, huge finished room over garage, & plenty of room to expand. Bring your horses. Only 2 minutes to highway 58.

Listed by: Amanda Janney

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Featured Property of the Week

Wednesday, May 2nd, 2012

3020 Driver Station Way W Front

3020 Driver Station Way W   Suffolk, VA 23435

Lovely 4 bedroom, 2.5 bath with open floor plan. Eat-in Kitchen area & formal dining room, gas fireplace in family room. Master bedroom with jetted tub. Lighted crawl space. Deck on back.

Listed by: Phyllis Evans

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