Market News

The Lynchburg Association of Realtors housing market had a strong start to 2020. There was a surge in sales activity in the first quarter, and home prices continue to climb. These increases led to a large gain in the sold dollar volume compared to last year. Homes in the market sold an average of about three weeks faster in the …

Job growth has been unsteady in the Lynchburg area, though there have been fairly good economic gains in 2018 and 2019. The health care and social assistance sector has been a driver of the regional economy, though there also have been gains in the construction and arts, entertainment and recreation sectors. Unemployment has been very low in the Lynchburg area, …

As temperatures begin to rise and along with it humidity levels, it is important to keep an eye on moisture levels in your home. Mold growth, pest infestations, and many other issues can rise from too much moisture. While there may or may not be an odor, excess moisture is something to address as quickly as possible. If you notice …

At the beginning of the year, millions of households already had their own gardens started but – it should come as no surprise – those numbers are on the rise. With everything going on in the world, the idea of not having to leave the comfort of your home for sustenance is quite appealing. Not only is gardening a great …

While it may only be temporary, the COVID-19 pandemic is touching everyone’s life in one way or another. If you are in the market to buy or sell your home, this can be a frightening time. With calls for social distancing and many businesses temporarily closing their doors, there is a great deal of uncertainty when it comes to real …

While we are safe at home taking care of ourselves and our families, you may be wondering what to do. If you have been considering making a move, now is the best time to get your home ready. What better way to pass the hours and be productive than by preparing your house for sale? While some checklist items are …

In countless homes across the country and the world, there has been a major shift to working from home – even for students. If you are working from home and trying to manage having your children home and doing school work, you may be at a loss when it comes to ensuring productivity. With a television across the room and …

Virginia’s robust economy likely will fuel recovery from COVID-19’s impact. Here is a news release from Virginia REALTORS® regarding the situation: “According to the February 2020 Home Sales Report released by Virginia REALTORS®, the Commonwealth’s housing market was strong in the early part of 2020, with robust demand and low inventory. That strength will  help mitigate the potential impacts of …