My name is Dale Samples and I am a REALTOR blogging about Charleston/Cross Lanes/Teays Valley, West Virginia real estate.
Much press has been devoted to the housing market and it’s seemingly bottomless free fall. Truth of the matter is, if you are financially able and considering buying a home, this market is ideal. Let’s explore three reasons why. Interest Rates Mortgage rates have plummeted to lows not seen in over 50 years. A [...]
Dunbar WV Home Sales Report for December 2011 indicates market is normal. With an absoprtion rate of less than 4 months, the Dunbar WV real estate market is listed as normal. Absorption is the rate at which it would take to sell all homes currently listed for sale in Dunbar. Regardless of the current rate, [...]
Saint Albans WV home sales show Buyers Market in December 2011. 14 homes completed escrow in December 2011. Of the homes sold, the median list price was $88,200 with a median selling price of $85,000 and only remained on the market for 56 days. The buyer’s market was determined by using the absorption rate formula. [...]
2011 Charleston WV Real Estate Market virtually unchanged over 2010. Charleston is the capital city of West Virginia, and the county seat of Kanawha. The Charleston area market is home to over 51,000 residents within the city limits and over 300,000 in the metro area. Historically, the Charleston WV real estate market has been fairly stable, [...]
Homes for sale in Putnam County, West Virginia see a 7% increase in final sales price for November 2011. The communities of Teays Valley, Hurricane and Winfield reaped a median increase of $13,900 in the month of November versus the same period in 2010. The median price for a 3 bedroom home in Teays Valley, [...]
The last of the warm autumn days have left and winter is about upon us. If you haven’t already, now is the time to prepare your Teays Valley home for the winter season. I have listed some simple steps you may want to do, before the snow and cold weather sets in, to help protect [...]
Mortgage rates for Teays Valley homes are at their lowest in years. According to the Freddie Mac Primary Mortgage Market Survey, the 30 year fixed rate is 3.99% and the 15 year fixed rate is 3.30%. What does this mean for you if you are interested in buying a Teays Valley house for sale? You [...]
Mortgage Rates continue their downward slide making Charleston, WV homes even more affordable. The Freddie Mac Primary Mortgage Rate Survey reported that the 30 year fixed rate dipped from 4.10% down to 4.0%. On the 15 year fixed rate mortgage, after barely moving the last few weeks, dropped to 3.31%. Charleston, WV mortgage rates are [...]
Watch the news for any length of time and you are sure to be reminded that home values are falling faster than a lead balloon. If you were thinking of buying a Charleston, WV home, this current state of affairs may have you second-guessing that decision. Home values may be dipping right now, but [...]
After a jump last week in the Freddie Mac Weekly Primary Mortgage Market Survey, the mortgage rates for your Charleston, WV home stay steady. The 15 year fixed rate moved from 3.37% to 3.38%, while the 30 year fixed rate dropped to 4.11% down from 4.12% the week prior. All in all, rates are still [...]
