Blog Archives - VB Realty Group

Homebuyers in their 20s and 30s are fueling the housing market as they take advantage of the low interest rates of the pandemic.  Millennial homebuyers have been slowly increasing prior to the pandemic, but the numbers have surged in the last couple of months.   The large amount of people in this generation has prompted, Read More

Interest has piqued in lake towns since the onset of the COVID-19 pandemic.  Lead Economic analyst at LakeHomes.com Glenn S. Phillips remarked that sales of lakefront homes have increased over 40% over the years.  Lake trips are traditionally seen as fun family vacations, but are rarely purchased for the purpose of a main household. , Read More

With these record-low interest rates, homeowners are jumping to refinance their mortgages.  Mortgage lenders are busier than ever with the flood of homeowners coming to them for their refis.  As of last month, over 15 million people were seeking to refinance.  This extreme demand has caused the system to reach its limit.  Many mortgage, Read More

Homeowners are gravitating more towards rural areas than big cities, which thus increases the housing prices.  The percentage of people searching for homes in rural areas has gone up over 10% in the last 5 months.  Since July, home prices in rural areas have risen 11.3%, which is 4.6% higher than in urban areas.  , Read More

The real estate investment game is changing, but VB Realty Group is here to guide you.  Investments offer a sense of stability and the possibility of large payouts.  However, 2020 has brought a whole new set of variables to the equation.  The coronavirus pandemic has thrown a wrench in businesses and investments, and the, Read More

Since the coronavirus pandemic struck, homeowners have been converting their garages and spare bedrooms into makeshift home offices.  Because of this home-to-office shift, home constructors have been seeing a higher demand for homes with an extra bedroom (that can thus be used as an office space).  Certain home building companies are launching customizable home, Read More

Having a disaster plan for your brokerage is meant to protect your business in unstable times.  The importance of a disaster plan has been magnified since this pandemic struck.   Disasters can strike at any moment.  The best move for your business is to be prepared.  Whether it’s an illness or a natural disaster, the, Read More

An ADU is a secondary dwelling unit with complete, independent living facilities for one or more persons and generally takes three forms:   Detached: The unit is separated from the primary structure   Attached: The unit is attached to the primary structure   Repurposed Existing Space: Space (e.g., master bedroom) within the primary residence, Read More

Summer is a season of pool parties, barbeques, and enjoying time with loved ones.  It is also a red hot season for buying and selling homes.  Below we’ll discuss the pros and cons of listing your home during this prominent real estate season.  Pros You Will Have an Abundance of Showings: With more hours, Read More