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Am I missing something? 30 Year fixed rates are at approximately 6.77% and yet some act shocked, as if thats high. I confess, I am in the first half of my sixties years of age so I have lived many decades of mortgage rates. Wake up call, upper 6’s are good! The short period in … Continued

Fannie Mae’s monthly survey found that for the first time, a greater share of consumers expects rates to fall in the next 12 months. More consumers are warming up to the idea of buying a new home, but they still want rates to go down, according to the survey. Personally, I do not expect rates … Continued

A new Realtor.com analysis released Wednesday found home purchases made by investors declined in the first three quarters of 2023, tumbling an average 32.9% year-to-date in September compared to the year before. The good news if your searching to sell your house fast Richmond is that was not the case with Mission Va LLC. We … Continued

A recent surge in construction of new, single-family homes could offer more opportunities for home buyers in 2024

Mortgage rates have plummeted in recent weeks, bringing hope to those seeking to move/buy. As of last week the average rate for a 30 year mortgage was 6.6%. Experts say ” if you need to buy a property go ahead and buy it. don’t try to time the market” Making this an ideal time to … Continued

Fall 2023 – Good news for some. Forbes ranked Richmond Va #17 out of 20 as the cheapest US cities for retirees. Virginia Beach was #20 while Las Vegas ranked #1

If you have any questions about selling your house direct the best advice I can give you is to call me personally. I can probably answer those questions for you. If the home sounds like a fit, I can also meet you there. I am a real person, not a robot. Nor am I a … Continued

You may feel it’s better to wait until after the holidays to sell your house direct to an investor like Mission Va LLC. Here is why it may be the best time for you to sell. Unlike the MLS, investors typically want to renovate the house after purchasing. At least in our case we are … Continued

 The “Mission ” in MISSION VA LLC is Helping Neighborhoods – Helping People and that is something I believe strongly in. Some other words that are meaningful to me are Gratitude, Thankfulness, Integrity, Faith & Family. My career background prior to MISSION VA LLC was about a 50/50 mix of large skilled trades construction ( … Continued

Yet another reason for some to sell your house fast in Richmond is home inspections. Yesterday I received a call from a prospective home seller who’s house is currently listed on the MLS. In short the seller had accepting an offer contingent on a home inspection in which the buyer was requesting repairs “only” over … Continued

Last week the most common type of U.S. residential mortgage rates dropped by the most in over a year. The Mortgage Bankers Association said the average contract rate on a 30-year fixed-rate mortgage dropped in the week ended Nov. 3rd. by a quarter percent to 7.61%. It was the largest weekly drop since July 2022. … Continued

I write this with first hand experience as the first home I ever purchased was a multi family (3 unit) home. In fact the second I purchased, while living in the first, basically rent free, was another 3 unit multi family. In hindsight it was one of the best things I ever did! I no … Continued

I write this with first hand experience as the first home I ever purchased was a multi family (3 unit) home. In fact the second I purchased, while living in the first, basically rent free, was another 3 unit multi family. In hindsight it was one of the best things I ever did! I no … Continued

Recent numbers in Virginia indicate decreasing sales but rising home prices. According to data from Virginia Realtors 07/2023 home sales dropped 20% year over year. Primarily due to low inventory levels and rising mortgage interest rates. Sellers have enjoyed a nearly 4% price gain year over year with the statewide median sale price increasing by … Continued

Leading sources report – calls to cut the Richmond real estate tax rate have substantially grown since the average assessed value increased by 13% for 2023. At the same time home prices have decreased or flat lined via substantial mortgage rate increases. Its reported that the E.D.S. Committee heard three different proposals recently.