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Temperatures are rising which means your utility bills likely are on the rise too. With the average American spending about $200 per month on energy, most are looking for ways to decrease those costs any way they can. Not using air conditioning is an unrealistic option, so there are other updates and changes you can make to save money and …
One of the major reasons tenants choose to rent instead of buy is to avoid maintenance and repair costs. Though the long-run savings might not be worth it, sometimes the immediate ones are a better choice for some people. While most maintenance and repair costs fall on the home or building owner, there may be times when it is the …
There were 904 active listings on the market at the end of the first quarter throughout the Lynchburg Association of Realtors footprint, an 18% decline compared to 2019 with 195 fewer active listings. The supply in the region’s housing market has been declining rapidly for several years. The inventory in the market now is less than half the level it …
The surge in sales transactions and rising home prices this quarter led to a large increase in total sold dollar volume in the Lynchburg Association of Realtors housing market. There was about $170 million in sold volume across the association’s footprint in the first quarter, an 18% jump from last year, which is a gain of nearly $26 million in …
Home prices continue to climb in the Lynchburg Association of Realtors housing market. At $186,750, the first quarter median sales price in the association’s footprint rose 4% from last year for an increase of nearly $7,000. The median sales price has been rising consistently for the past four years in the area market and now is about $32,000 higher than …
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 …
