Pinnacle Real Estate Blog

I love being that resource for my clients! The iconic song from the Sound of Music lists some of Julie Andrews “Favorite Things.” I thought I’d take a moment to list some of my favorite local things to do, foods to eat, and places to go right here in the Lynchburg area!

Over the last century, the ways in which Realtors are able to serve clients has changed dramatically thanks to technology! You may wonder, how can your Realtor serve you in 2024? Here are just a few ways that Pinnacle Real Estate can help you buy or sell a home!

One of the wonderful things about America is the free market economy and the ability for consumers to choose!  When buying or selling a home in the Lynchburg area, you have a choice:  Should I work with a Realtor?  Is it worth my time to find the best Lynchburg Realtor or best Forest Realtor?

High interest rates have continued to befuddle home buyers in 2023! Moving into 2024, while interest rates are expected to go down eventually, experts anticipate the high rates are here to stay for the time being. If you are interested in purchasing a home this year in Lynchburg, Bedford, Campbell County or Amherst County, what should you do?

You have a project or repair that needs to be done at your home and you need to renovate. You call 3 contractors to get estimates. Two of them never call you back and the third says he can do the work in 4-6 months…if you’re lucky! What is happening in our skilled construction labor market?

Selling a home is a big deal. It is not only a large financial decision, but it’s often deeply personal as well. I’ve often told my customers that buying or selling a home is both a financial decision and a human one. There are many factors involved depending on your situation and circumstances. Perhaps you’re not in a hurry and your main objective is to get as much money as possible from the sale. Or, perhaps you Are in a hurry and the main objective is to get the home sold as quickly as possible with no hassles and less uncertainty. Perhaps you’re somewhere in between!

A housing recession is defined by the National Association of Realtors as six straight months of declining home sales. On a national level, this is the case: America is in a Housing Recession. According to a recent article of Forbes.com, the main factors are increasing mortgage interest rates (leading to higher mortgage payments) and high construction costs.

Does curb appeal increase one’s home value? We’ve all heard that improving your home’s curb appeal by adding or improving landscaping, trimming bushes, weeding flower beds, and pressure washing sidewalks and the exterior of the home helps when selling your home, but is that really true? Or is that just an urban legend?

Rising Interest Rates – is this the key factor for a soon-to-be cooler housing market? For the first time in years, the housing market appears to be showing signs of cooling. Agents in our community are discussing fewer bidding wars, decreased showing activity, and even some price reductions. So could rising interest rates be the cause of the pause in the crazy real estate market?