Housing trends continue to show slow growth

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The unemployment rate in the Lynchburg region remained at 2.8% in November, lower than the national unemployment rate but somewhat higher than the state level. The unemployment rate in the Lynchburg area, however, has been trending down steadily for more than six years. While consumer confidence remains strong, data suggest uncertainties about future economic conditions among residents of the South …

Fourth quarter housing trends show steady economic growth

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Despite a brief slowdown in mid 2019, the Lynchburg area economy has been growing strongly during the past 12 months. The health care and social assistance sector continues to be an important driver of economic growth in the region. Consumer confidence remains strong, though there are indications of growing uncertainty about future economic conditions. Interest rates have remained relatively unchanged …

Three major steps when preparing for a move

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Excitement comes with moving into a new home – along with a great deal of stress. Packing up your entire life and moving it somewhere else can seem overwhelming but, if you have a plan, it can be a great deal more manageable. Here are three major steps to take to prepare for a move and reduce the stress that …

Is tiny living for you? Answer these questions first

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As conservative lifestyles and living “small” become more and more popular, tiny homes and other downsized living options have become a normal choice in the home buying process. If you have considered tiny home living, you may need to ask yourself a few questions before taking the leap. Here are six questions to answer before going “tiny!” 1. Can you …

Safety tips to follow when selling a vacant home

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When preparing to put your house on the market, your main concern is making your home look as appealing as possible – cleaning every corner, fixing what needs fixed, and making sure it is a home others would want to buy. Prioritizing the safety of your home while it is on the market can fall to the wayside. Between showings, …

Mortgage rates likely to stabilize, head lower before year’s end

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The Lynchburg – area economy continues to be healthy, with strong job growth in the region’s health care sectors. Strong job growth is a good predictor of a stable housing market. While the Lynchburg – area unemployment rate is somewhat higher and more volatile than the state’s rate, unemployment has been falling consistently in the Hill City for several years. …

Thinking of Downsizing? Create a plan.

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Certain challenges come with downsizing, but that doesn’t mean it has to be more stressful. By changing the way you approach it, the experience actually can be a positive one. Downsizing gives you the freedom to get rid of things that no longer have a place in your life, freeing up room for what you love and what brings you …