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Hampton Roads, Virginia Beach Nannette Turner Saunders

Independence Day Celebration in Lynchburg MLS Area

I have decided what I am going to do for my independence day celebration. I am hoping for something more than just fireworks this year.

I intend to hike up to Sharp Top Mountain and watch the sun set and then watch the fireworks from the communities below.

There is not a lack of places to celebrate the 4th of July in the Lynchburg MLS area.

There Are No Bargains In Lynchburg Va

Well that is not completely true. The Blue Ridge Mountains

But if you are out house hunting you may be surprised that the market is not the way the media portrays it.

Why you ask? Why does it seem that Lynchburg Va area real estate does not seem that depressed?

It is because when the real estate bubble burst (for lack of a better word) it did not hit the mid-priced homes, it really effected the higher priced homes much more.

In areas where homes sell for less than $250,000 there are fewer discounts to be found. Even the foreclosure market has slowed and lenders are supporting market stabilization often releasing only a few homes at a time in order to not flood the market.

I think sometimes people over react to the housing statistics and think they can come in and offer 20 percent below asking price. This is not going to work in this market. Once buyers get realistic they can successfully become homeowners. If you are considering making an offer ask a REALTOR to give you a market anaylsis to determine what homes in the area have sold for and base your offer on those numbers not some numbers you pick off the top of your head randomly. All sellers are not in financial binds that they need to dump the house just for any price they can get.

Keep in mind you may not be the only one making an offer on the property as I have run into situations many times where there are multiple offers on one house and in some cases the house sells for more than the asking price.

Not meaning to discourage you in going out there and looking for a bargain and get all you can for your money but make smart offers. Get educated and be a savy buyer.

Possible Expansion of the $8,000 Tax Credit

I personally think it is a great idea. I think it could mean a continued rise in home sales in the Lynchburg City, Home in Wyndhurst Neighborhood Lynchburg VaCampbell County and Bedford County Virginia area and maybe even record breaking numbers. There has been some increase in activity in the Lynchburg MLS area especially with first time home owners as a result of the $8,000 tax credit. Expanding it to those of us that already own a home or may consider refinancing I think could be something that really helps a lot of people. What are your thoughts. I've posted more details about the possible expansion of the $8,000 tax credit for your review.

Green Market Wednesdays At Lynchburg City's Community Market

Located in Historic Downtown Lynchburg City the Community Market features Green Market every Wednesday.Fountain at the Community Market in Lynchburg Va

Our Wednesday growers only sell what they grow so your choices are fresh picked and full of nutrients. Low spray and certified organic is the main focus. Most fruits and vegetables are picked that same morning, giving you produce so fresh it will taste like you picked it yourself. Growers vary by season. For a current listing of what's fresh, sign up for the Green Market e-blast or call the market office at 434-455-4485

A great place to have a wedding in Lynchburg Va

Real Estate Tax Assessed Value per $100 in the Lynchburg MLS Area

The chart below lists the different counties in the Lynchburg MLS area and the real estate tax rates based on the assessed value per $100. One of the reason's many people move to Lynchburg or the the counties surrounding is because we enjoy one of the lowest real estate tax in the country allowing people to keep more of their money to use on the things they really want to spend it on!

Campbell County .46
Amherst County .52
Appomattox County .44
Bedford City .81
Bedford County .50
Halifax County .44
Lynchburg City 1.05
Nelson County .55
Pittsylvania County .53
Statewide Average .57

If you are interested here is another great source of local information.