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 Eastern Panhandle WV Real Estate Blog 
Tuesday, 27 August 2013

Many homebuyers are looking to purchase new homes on the Eastern Panhandle this time of year. As a result, home sellers looking to sell their homes in Jefferson County or Berkeley County quickly must make their properties stand out amongst the rest. Homebuyers are likely to begin their search for West Virginia real estate on the internet and will schedule private showings— it's important to do everything you can to make sure yours is on their list. 

So, how do you make sure homebuyers take note of your home on the Eastern Panhandle? These tips for selling a house should give you the tools you need to sell successfully and best of all, quickly.

Leave it to the Pros
The most essential part of the process of selling real estate on the Eastern Panhandle is to enlist the help of your trusted real estate agent. Your agent will be able to manage your expectations, answer your questions, make suggestions for your home, and truly ensure that your real estate experience is a smooth one. Especially if you're looking to sell your home quickly and at a price you're comfortable with, contacting the Kable Team is essential to your home sale success.

Pricing Effectively— and Low
Many real estate experts suggest to price a home on the lower end of the spectrum as the local real estate market will take care of itself. For instance, if you feel your home is worth more, but list on the lower end, homebuyers will take notice. You may spark a bidding war and more buyers may be willing to bid higher in order to secure the deal and new home. 

"If you start high and start lowering it, you will never get to the number that you will get to by starting low and going up," one real estate expert told MSN Real Estate. "Because when you start lowering the price, people will start wondering what's wrong with the house. ... And if it's been sitting awhile, people will try and lowball."

Renovations Aren't Everything
Did you tackle a home renovation this summer? If you did or if you've been planning one, it's important to take into account the home values of your neighbors. What did the West Virginia houses sell for, what are they listed at, and how does yours compare to them? Sure, you might think a pool would look great in the backyard, but is that something the next homebuyer is interested in? 

Before you begin that renovation project, do the research or consult your real estate agent on what home upgrades and curb appeal projects will actually yield a great return on investment. Otherwise you will have put the money into the home and when selling, will be forced to take a loss.

Ready to sell your home in Charles Town, Martinsburg, Inwood, Harpers Ferry, Shepherdstown, Falling Waters, or Ranson? Your first step is contacting the Kable Team to help you with the quick and successful sale of your Eastern Panhandle home.

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Posted by: Tracy Kable AT 02:01 pm   |  Permalink   |  Email
Tuesday, 20 August 2013

If you've recently been weighing selling your current homes on the Eastern Panhandle and purching a new piece of West Virginia real estate, you have probably taken note of rising housing prices. Deciding whether or not to make a move in real estate can be overwhelming and when still wondering where housing prices are headed, it can be tricky.

But the truth is— rising housing prices aren't a product of the housing recovery or an attempt to revive a sluggish economy. According to KCM Blog, house prices are still about meeting the supply and demand of local homebuyers.

"Knowing how much inventory is for sale is crucial to determining where home values are headed," stated the popular real estate source. "Pricing of any item is determined by supply and demand: how many items are available in relationship to how many want to buy that item."

It seems the rising pirces—often seen in charts that detail how much it would ultimately cost you if you waited to purchase an Eastern Panhandle house— cannot be chalked up to the state of real estate, an impending housing bubble, or even the economy's effect on the local markets. It's actually due to the influx of homebuyers and others interested in the homes available in Charles Town, Shepherdstown, Harpers Ferry, Martinsburg, and Inwood and the relatively low number of homes for sale in Jefferson County and Berkeley County

Numbers have been hovering aroud historic lows, but that seems to be changing. "The months’ supply of available housing inventory, as reported by the National Association of Realtors, has increased from 4.3 months this past January to the current number of 5.2 months," reported KCM. "And it seems inventory will continue to increase as we move forward."

So don't get too carried away with the news and hype surrounding rapidly rising home prices when listing your home on the Eastern Panhandle. Let the Kable Team explain exactly what the local market is like and how that affects your home's value. We're ready to help you price your home appropriately and start your property search for your dream home. Contact us today!

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Posted by: Tracy Kable AT 01:55 pm   |  Permalink   |  Email
Tuesday, 13 August 2013

Back to school season is here! That means the end of summer vacations and the return of busy, action-packed schedules. It's a great time to get out and explore the Eastern Panhandle and the many opportunities for getting involved in local events. This fall, both Jefferson and Berkeley County are offering many events that the whole family will love— from farmer's markets to art exhibits. Just move to the Martinsburg, Harper's Ferry, or Charles Town, WV areas? No problem! These events are the perfect place to learn more about the community. 

Here's what's happening this fall on the Eastern Panhandle:

Farmer's Market on the Town Square
Every Friday, 8 AM to 2 PM
Through September 27, 2013
Town Square, Martinsburg, WV

A great chance to eat local and buy local— the Martinsburg Farmer's Market on the Town Square is the perfect place to experience West Virginia through summer and into fall.

Jefferson County Fair
August 18 through 24, 2013
Jefferson County Fairgrounds

This event is in its 61st year at the Jefferson County Fairgrounds and there are stil 4 days left to enjoy it! Come have some fun!

Martinsburg Bike Night
August 24, 2013, 5 PM to 11 PM
Main Street, Martinsburg, WV

Are you into bikes? Then this event is for you! You won't want to miss this premier motorcycle event in Martinsburg, WV sponsored by the WV Blue Knights and Main Street Martinsburg.

Pickin' in the Panhandle
September 6-8, 2013
Shiley Acres, near Inwood, WV
Berkeley County

With Kellie Pickler headlining this famed West Virginia event, it's sure to be one you will remember! Promoting local music acts, this festival will also host the West Virginia State BBQ Championship, a Kansas City Barbeque Society-sanctioned event, in partnership with the Martinsburg-Berkeley County Convention & Visitors Bureau. 

Charles Town Heritage Days
September 21, 2013, 10 AM to 5 PM
Jefferson Memorial Park

This local event celebrating the history of Charles Town will include local music, a kickoff concert, Farm to Fork workshop, an opportunity to meet George and Charles Washington, and 2nd Annual Pie Bakeoff. 

Bavarian Inn OktoberFest
September 21, 2013
Bavarian Inn, Shepherdstown, WV

While West Virginia does not have an especially large German population, this festival celebrates with the best of them. Held at the Bavarian Inn, OktoberFest in Shepherdstown is always a hit!

Family Hiking Day
September 28, 2013
Appalachian Trail Conservancy Vistor Center
Harper's Ferry, WV

The ATC invites people of all ages and hiking abilities to get outside and experience the adventure of being active on the Appalachian Trail. Visitors will be able to go on self-guided hikes around Harpers Ferry and children will have the opportunity to earn a Junior Ranger patch.

8th Annual Chili Cookoff
October 5, 2013, 2 PM to 6 PM
Downtown Martinsburg, WV

Live music and a great time for the whole family, the 8th Annual Chili Cookoff will let you vote for your favorite chili!
 

The Kable Team
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Posted by: Tracy Kable AT 05:10 pm   |  Permalink   |  Email
Tuesday, 06 August 2013

Purchasing a home on the Eastern Panhandle comes with a lot of decisions and tasks on your West Virginia homebuyer to-do list. For instance, you begin your home search, find the perfect property that meets your wants and needs in Eastern Panhandle real estate, and then begin the process of calling that home yours. But somewhere on your to-do list may also be the question of when to fully jump into real estate— how do you know when the West Virginia housing market is healthy? How can you figure out where real estate is headed? 

According to Metrostudy, a real estate consulting firm, the way to gauge the strength of local real estate is to start driving. Yes, to drive through neighborhoods of interest looking for the following items.

A Garden Hose
It may seem like a silly thing to look for when you begin your Jefferson County or Berkeley County home search, but a garden house attached to the side of a home not only means that the home is occupied, but that the current homeowner cares about his property and wants to maintain it.

Toys on the Lawn
Maybe you are looking for a family-friendly neighborhood. Therefore, toys on the lawn of a home means a family has moved in and they not only feel safe allowing their children to play outdoors, but they too enjoy spending time in the neighborhood. 

Too Many Homes For Sale
When a neighborhood has too many homes available in a given area, that could be a red flag. For instance, are the homes priced too high and home affordability is kicking in? Or is there an abundance of new construction homes? This could mean that a developer overestimated demand and these lots may sit empty.

Brad Hunter, chief economist of Metrostudy, told Business Week that he is projecting double-digit increases in new-home prices for the remainder of 2013 and  sees the "speculative excess mostly gone from the market." Hunter also forecasts in 2014 that new-home prices will increase only 6 percent as interest rates continue their upward climb— with mortgage rates posing a challenge to home affordability.

So, what's on your Eastern Panhandle real estate wishlist? What neighborhood or area do you want to live in? The Kable Team can help you find your dream home in Charles Town, Ranson, Shepherdstown, Harpers Ferry, Martinsburg, and more! Contact us today to find the property that's right for you.

The Kable Team
Kable Team Realty
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See Homes for Sale in Eastern Panhandle
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Posted by: Tracy Kable AT 06:27 pm   |  Permalink   |  Email
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KABLE Team Realty

Tracy Kable, Broker
873 E Washington St, Suite 200
Charles Town, WV 25414-1520
Phone: (304) 725-1918
Email: TheKableTeam@TheKableTeam.com

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