For a variety of reasons, 2016 was certainly one to remember. As the calendar turns to 2017, it’s time for the 2016 New River Valley Annual Report, or the “Nest Report.” The Nest Report is our look at the real estate market for the most recent quarter, and at the end of the year we…
We think we have some pretty awesome agents here at Nest, and we think you’ll like them too. During our “Meet the Agent” series, we sit down with our agents to learn more about them—what makes them tick and why they’re passionate about the real estate industry. For this installment we speak with Jeremy Hart, the…
SALES SURGE AS INVENTORY DIPS IN THE FIRST QUARTER We’ve just released the First Quarter 2016 Nest Market Report for the New River Valley. Across our market, buyer demand remained strong as total sales increased significantly in most segments of the market. Inventory levels also declined in most segments of the market, which will likely…
Happy 2016 New River Valley! Each year as we prepare for the spring market, we first take a look back at the year that was in our local real estate market. We are proud to present the 2015 edition of the Nest Realty Annual Report. We know that you’re often inundated with real estate market…
By Jeremy Hart As many have noticed, the Federal Reserve raised short-term interest rates on Wednesday, December 16, 2015, for the first-time in nearly a decade, and the response has been, so far, relatively mild. The Federal Reserve is the central bank for the United States, and as such it manually controls things like interest…
The process of applying for a mortgage is extensive, and timing is crucial. By Jeremy Hart One of the best things you can do when applying for a mortgage is to be prepared up front. Your lender will need some information from you to get started, and having that information gathered will help save you time…
The curtain on summer in the New River Valley is almost closed, and the next act is almost upon us – Fall. By Jeremy Hart Fall is, in my opinion, one of the best times of the year here in the New River Valley. If you appreciate the beauty of the natural world that surrounds us,…
Total sales up 20%! We’ve just released our New River Valley Mid-Year Market Report, and total sales in the New River Valley MSA are up, to the tune of 20%. In addition, inventory is down fairly significantly (-15%) from this time in 2014, which is creating some higher demand in some sectors of the market.…
Receiving A Down Payment Gift, the Right Way By Jeremy Hart When buying a home, it can help a borrower’s purchasing power if they’re able to produce a down payment. In its simplest form, the more money a borrower is able to put down on a purchase, the less of a “risk” they are to the…
Happy 2015 New River Valley! We are excited to present the 2014 edition of the Nest Annual Report. Each year as we prepare for the spring market, we first take a look back at the year that was in our local real estate market. At Nest, we believe it is important that our clients be well-equipped…