Date Archives: January 2018

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buying a home | 94 Posts
mortgage | 3 Posts
real estate news | 44 Posts
selling a home | 28 Posts
Uncategorized | 8 Posts
January
22

Forbes has published their ranking of the best states in which to do business, and Virginia landed near the top at #5 Best State to do Business. The Commonwealth's high ranking can be attributed to several factors, including Virginia's Gross State Product, which totaled $480 billion as of November 2017. The state's median household income is currently $65,015, and the cost of doing business is just 0.9% above the national average.

Additionally, Virginia's college attainment is an impressive 37%, and the job market has grown 1.4% over the last year. As Virginia REALTORS®'recent economic impact report revealed, Virginia's real estate industry is the state's second largest generator of direct economic activity.

The Old Dominion State has landed other top spots on recent Forbes lists, coming in at #2 in Regulatory Environment, and #8 in Quality of Life.

Source: Virginia Realtors Blog, Robin Jedlicka, 11/29/2017

January
19

January
9

Video Courtesy of The Charlottesville Regional Chamber of Commerce, Charlottesville Area Association of REALTORS®, NBC 29, UVA, Charlottesville-Albemarle Convention & Visitors Bureau

Rich with history and infused with energy, it's no wonder Charlottesville has been named the best place to live!*.

A melting pot of business, education, arts, and leisure pursuits, Charlottesville is truly a great place to call home! Charming for both its academic and recreational and leisure opportunities, including hiking, biking, canoeing, gold and other athletics, as well as theater and music, Charlottesville is consistently acclaimed by publications as one of the most livable cities in the country. Outstanding health care facilities, one of the best school systems in the Commonwealth, and an unspoiled countryside ensure a high quality of life.

Read more...  http://www.montaguemiller.com/about-charlottesville-va 

Agents in our Montague Miller & Co, REALTORS® offices are always excited to share why they agree the Charlottesville area is America's #1 community! Plan to visit soon and experience Charlottesville and the beautiful countryside of Albemarle and surrounding counties for yourself! Find an experienced agent who LIVES the area here:  http://www.montaguemiller.com/agent-roster.html

 

 

January
8

 

No need to push the panic button now that you want to buy a new home… Review this Quick Guide on Credit Scores and see how you stack up!

Credit scores range between 200 and 850, with scores above 620 considered desirable for obtaining a mortgage. The following factors affect your score:

Your payment history.

Did you pay your credit card bills on time? Bankruptcy filing, liens, and collection activity also affect your history.

How much you owe and where. 

If you owe a great deal of money on numerous accounts, it can indicate that you are overextended. However, spreading debt among several accounts can help you avoid approaching the maximum on any individual credit line.

The length of your credit history.

In general, the longer an account has been open, the better.

How much new credit you have.

New credit—whether in the form of installment plans or new credit cards—is considered more risky, even if you pay down the debt promptly.

The types of credit you use.

Generally, it's desirable to have more than one type of credit—such as installment loans, credit cards, and a mortgage.