What Does Interest Rate Cut Mean to Virginia Beach Homeowners?

The Federal Reserve cut the short-term interest rate this week.

The Federal Reserve cut the short-term interest rate this week, but how does this affect Virginia Beach homeowners? Rates are now the lowest they have been in the last six months and this may be the time to refinance, especially if you are in an adjustable-rate mortgage.

To find out if you would benefit from refinancing, give us a call at 866-222-0158 #550 or email us at info@ButlerTeamHomes.com and we will refer you to a mortgage lender who is glad to provide you the information you need to make an educated decision. There is no obligation whatsoever!

Wondering what the current market value of your Virginia Beach home is? Take advantage of our complimentary home valuation by visiting HRHouseValue.com. Your valuation will be emailed to you.

You can also receive a complimentary copy of our book, Get the Best Deal When Selling Your Home-Hampton Roads Edition.

Should I Sell My Virginia Beach Home in December?

There is a myth that December and January aren’t good times to sell a home.

There is a myth that December and January aren’t good times to sell a Virginia Beach home. but this couldn’t be further from the truth.

Fellow Realtor, Wayne Turner developed a list of the Top 10 Reasons to List Your Home In December (or January):

1. You’ll get a jump start on marketing and get ahead of the sellers who are waiting until spring.

2. You can sell now, have the security knowing your house is sold, but delay the closing until it is a more convenient time to move.

3. You can restrict showings during family times and holiday get togethers while taking advantage of how well the house looks for the holidays.

4. January is a big transfer month for corporations and transfering families are looking now.

5. Many people want to buy before the end of the year for financial and tax purposes.

6. Buyers are more emotional during the holidays and will respond to the warmth and good feelings they get from your home.

7. Many buyers have time off and can spend time househunting.

8. Houses ’show’ better when decorated with bright lights, festive colors and pleasing smells.

9. There are fewer houses on the market, which can mean shorter market times.

10. Last but not least, buyers looking at this time of year are serious buyers and ready to buy!!

If you are thinking of selling your Virginia Beach home soon, visit ButlerTeamHomes.com, or give us a call at757-490-7300 #550 or  866-222-0158 #550. to get a current market valuation for your home, visit VirginiaBeachHomeSellers.com.