Eastern Panhandle WV Real Estate Blog
Tuesday, 27 November 2012
Part of the reason that we have seen so much success in the Eastern Panhandle, WV real estate
market is because we closely monitor local and national housing activity. In order for us to effectively advise our buyer
clients through their transaction, we have to have an idea of who is buying or selling a home. That’s not to say that what’s happening nationally is going to happen everywhere. Local real estate stats can vary from what the national numbers say, but some of the emerging trends tend to be incredibly similar.
As your Eastern Panhandle, WV real estate agents
, we’ve taken a recent look at WHO is buying a home and WHO is selling. By having an idea of the demographics that are most active in the market right now, you can work with your Eastern Panhandle, WV real estate
professional to come up with the best marketing strategy for your property. Here is a summarization of what we’ve found.
Married couples are the most prominent demographic in housing. A recent study from the National Association of REALTORS for the year 2012 shows that approximately 65% of buyers and 76% of sellers are married couples. The share of married buyers was at its highest since the year 2001.
First timers still have a fairly strong hold in the market. Over the past year, approximately 39% of buyers and 34% of sellers were going through their first real estate transaction. This demographic is still going strong in the local real estate market, particularly since home prices are starting to go back up while mortgage rates are staying low.
More people have used real estate agents in 2012 than in the past several years. A whopping 89% of buyers surveyed used a real estate agent to help them through their transaction. Housing, while going through a slow and steady recovery, is still in a complicated and delicate state. There are many complicated steps in a transaction that are difficult to take on alone. Hiring an agent will ensure that you have someone who is familiar with the ins and outs of the process working in your best interest.
The vast majority of buyers and sellers found their agent through a referral. There’s no doubt that the decision to buy or sell a home is difficult, which is why should you choose to take the plunge, you are going to want to work with someone that is trusted in your community. Work with someone knowledgeable and familiar with your town. Over the past year, 40% of buyers and 38% of sellers found their agents through friends, family and neighbors.
So, how can you use this information strategically during your real estate transaction? For one thing, you can take the advice of others who have seen success in their home sale or purchase this year and hire an agent. You can also know which demographic (married couples or first time buyers and sellers) to expect to work with during the negotiation process. The more knowledgeable you are about what you’re getting in to, the less stressful the process will be.
Monday, 19 November 2012
Can you believe that Thanksgiving is only a few short days away? It seems like fall has only just begun. Towns all over the Eastern Panhandle of West Virginia
are starting to get into the holiday spirit, and there are a number of events happening all week long to bring the sense of magic that typically comes around this time of year to the area. As your Eastern Panhandle, WV real estate agents
, we make it a priority to keep up with all of the holiday happenings in the area. There’s no better time to connect with your community than during the season of giving and friendship. While we should do this all year round, something about the holidays brings out the very best in everyone, and it’s the time of year when people seem to value these things the most.
Thursday, November 22nd
Thanksgiving Dining at Hillbrook Inn
If you don’t feel like making Thanksgiving dinner this year, we highly recommend going to Hillbrook Inn. You get the same delicious, home-cooked turkey with all the fixings, sans hassle. It’s a way to celebrate a day of thanks with the family with no stress or cleanup. Reservations are required. At $65.00 per person plus tax and gratuity, this meal is a bit pricy, but the delectable dining will be well-worth the cost.
Friday, November 23rd
Charles Town Christmas Tree Lighting
Naturally, the day after Thanksgiving is also the day when people put up their Christmas and holiday decorations, and Charles Town, WV
is no exception! Attend the town’s annual Christmas Tree lighting ceremony and watch it be transformed from your typical Eastern Panhandle
neighborhood to a winter wonderland. This is a great activity to do with the entire family if you want to avoid the crazy Black Friday shopping crowds.
Friday, November 23rd
Christmas in Shepherdstown
Eastern Panhandle, WV
holiday festivities don’t stop at the Charles Town Christmas Tree Lighting: head into Shepherdstown
for an entire holiday affair. Witness the town’s annual Christmas tree lighting ceremony and wait in anticipation for the arrival of Santa Claus. Other celebratory highlights include a roasted chestnut vendor, town tours in horse-drawn carriages, caroling, shopping and homemade chili and cornbread. This is one Christmas celebration that you will NOT want to miss this holiday season!
If you have any questions about the communities in West Virginia’s Eastern Panhandle
, don’t hesitate to contact us
! We’ve lived and worked in the area for years, and we’d be happy to tell you everything that you need to know. We hope to hear from you soon!
Tuesday, 13 November 2012
Whether you move to the next town over or across several states, relocation is always a huge stressor. As Eastern Panhandle, WV real estate
experts, we have helped several families across the region through this transitional phase. Here are a few things that you can do to ensure that your move goes as smoothly as it possibly can.
Don’t wait until the last minute. You should begin the relocation process a good 6-8 weeks prior to moving day. The best place to start is by researching and obtaining quotes from at least three different moving companies in your area. You should also start de-cluttering, selling or giving away items that you know you won’t take with you. Your mover can’t give you an accurate quote if you don’t have an idea of how much you’ll be bringing with you to your new home, so the time to start de-cluttering is early-on in the process.
Remember the loose ends. So many people get caught up packing up their belongings that they forget that relocating goes beyond your household. You need to obtain school and medical records, submit a change of address form, switch all of your billing information and make sleeping arrangements, if needed. These might seem like “common sense” items, but they’re easy to forget when you’re worried about packing your life away. Taking care of these things gradually will ensure that it all gets done before you move. Waiting until the last minute, on the other hand, creates a greater likelihood that you’ll forget something.
Design and implement a packing system.
The worst feeling in the world is FINALLY getting to your new Eastern Panhandle home
, unloading all of your boxes and then realizing that there was no method to your packing madness. This creates an irritating and lengthy unpacking process, which is the last thing you need after going through a real estate transaction AND getting ready for a move. If you have color-coded labels and organize your items in each box by room and category, you can put each box in the room that the items in it will be in and finish unpacking much faster.
Don’t let yourself get bogged down with anxiety over your move. If you start early enough and stay organized, the process will be much less stressful. The sooner you arrive to your new Eastern Panhandle, WV home
, the sooner you can start enjoying it.
If you have any questions about your Eastern Panhandle, WV real estate
needs, don’t hesitate to contact us
! We’d be happy to help you through your transaction and show you around the community. We hope to hear from you soon!
Wednesday, 07 November 2012
November 11th is a great day to spend in Sherpherdstown, WV. There will be things going on all day! Shepherdstown, WV is a fantastic place to live, partially because of its lively and involved local community. This is a community day you want to be a part of! Here is what is happening in Shepherdstown, WV on Sunday, November 11th:
Shepherdstown Farmers Market
The Farmers Market will take place from 9 am - 1 pm behind the library. Although it is cooling off, there are still local food items for purchase. Come to buy lettuces, kale, carrots, potatoes, turnips, and more produce. There will also be baked goods, cheeses, flowers, and more for sale.
The parade will run from 3 - 4 pm and begins on German Street between Church Street and McMurran Hall. The parade is a celebration of the history of Shepherdstown, WV. Representatives of historic families dressed in era-appropriate clothing will march in alphabetical order by family name. The parade announcer will briefly describe the history of each family. Shepherdstown, WV is the oldest town in the state and has a rich history.
Closing ceremonies will take place in front of McMurran Hall. They will include remarks by government officials at many levels, including the governor and members of Congress. Members of the Shepherd family and many others will also speak about the town's history and anniversary. Closing ceremonies go from 4 - 5 pm.
The events in Shepherdstown, WV on November 11th should be fun and educational. For more information about each event, click here and visit the Shepherdstown Visitors Center website.
If you have any questions about events in the area, or would like professional assistance buying or selling your Shepherdstown, WV home, do not hesitate to contact us!