Mike May, Realtor 804.731.0111 Mike May, Realtor 804.731.0111
Search South Central Virginia Homes Search South Central Virginia Homes




Search Properties Advanced Search
Search




Create Profile   Lost Password?
Amayzing Home Finder

Blog Posts by Mike May

Posts filed under Blog Posts by Mike May



Homes are More Affordable in 44 out of 50 States
Posted Thu, Jun 21st 2018 2:49 pm
With both home prices and mortgage rates increasing this year, many are concerned about a family’s ability to purchase a major part of the American Dream – its own home. However, if we compare ho...

Read Full Post


Waiting Will Cost More
Posted Tue, Jun 19th 2018 1:34 pm
An economist responded when asked how interest rates would change: “They may fall some and then, rise and after that, they’ll fluctuate.” Just because interest rates have been low for ten years ...

Read Full Post


Happy Father's Day!
Posted Fri, Jun 15th 2018 2:19 pm

Read Full Post


Are Lending Standards Too Loose…or Too Tight?
Posted Thu, Jun 14th 2018 12:45 pm
With home values appreciating at record rates, some are concerned that we may be heading for another housing bubble like the one we experienced a decade ago. One of the major culprits of that hou...

Read Full Post


The Tax Difference in Second Homes
Posted Tue, Jun 12th 2018 1:03 pm
A principal residence and a second home have some similar benefits, but they have some key tax differences. A principal residence is the primary home where you live and a second home is used main...

Read Full Post


Mortgage Rates Fall to 7-Week Low, as Buyers Catch a Break
Posted Thu, Jun 7th 2018 2:54 pm
Rates for home loans ticked down for the second straight week, offering buyers a brief reprieve in a sizzling housing market. The 30-year fixed-rate mortgage averaged 4.54% during the June 7 wee...

Read Full Post


When Neighbors Don't Seem to Care
Posted Tue, Jun 5th 2018 3:04 pm
A home that isn't being maintained like others in the neighborhood can negatively affect your visual sense of appeal and in some extreme cases, even affect property values. It might be an overgrown...

Read Full Post


Will Home Prices Fall as Mortgage Rates Rise?
Posted Thu, May 31st 2018 12:16 pm
Mortgage interest rates have increased by more than half of a point since the beginning of the year. They are projected to increase by an additional half of a point by year’s end. Because of this...

Read Full Post


Flag Protocol
Posted Tue, May 29th 2018 11:34 am
The American flag is obviously a symbol of our country but it has come to remind us of every man and woman who has fought for the freedom that we enjoy. The emotions that are stirred by images of...

Read Full Post


Happy Memorial Day Weekend!
Posted Fri, May 25th 2018 11:23 am

Read Full Post


Selling Your House on Your Own Could Cost You
Posted Thu, May 24th 2018 9:58 am
In this extremely hot real estate market, some homeowners might consider selling their homes on their own which is known as a For Sale by Owner (FSBO). They rationalize that they don’t need a rea...

Read Full Post


Second Guessing Price
Posted Tue, May 22nd 2018 10:52 am
Imagine a homeowner consulting with their agent about the price to place on their home. The agent suggests that the market data indicates that $200,000 to 210,000 would produce a quick sale by pric...

Read Full Post


A Septic System Inspection Should Be Done How Often?! Costs, Precautions, and More
Posted Thu, May 17th 2018 2:45 pm
A septic system inspection is one of those home maintenance tasks that you might put off, and then put off some more. Because septics exist underground in the backyard, they are often out of sigh...

Read Full Post


A Home for Tomorrow
Posted Tue, May 15th 2018 1:30 pm
As people near or enter retirement, one of the decisions that typically comes up is whether to sell their "big" home and buy a smaller one. If you know anyone who has been faced with that situation...

Read Full Post


Happy Mother's Day!
Posted Fri, May 11th 2018 4:32 pm

Read Full Post


5 Ways Tax Reform Has Impacted the 2018 Housing Market
Posted Thu, May 10th 2018 1:05 pm
Starting late last year, some predicted that the 2018 tax changes would cripple the housing market. Headlines warned of the potential for double-digit price depreciation and suggested that buyer ...

Read Full Post


Assumptions May be an Alternative
Posted Tue, May 8th 2018 11:34 am
For the last 25 years, most buyers have gotten a new mortgage or paid cash when purchasing a home. For a practical reason, owner-occupant buyers have another alternative: assuming a lower interes...

Read Full Post


18160 Whipponock Way: Gorgeous 4 Bedroom Tudor on Lake Chesdin!
Posted Mon, May 7th 2018 12:03 pm
18160 Whipponock Dinwiddie, VA MLS# 1816047 - Single Family Presenting 18160 Whipponock Way in beautiful Waterford Landing!  This gorgeous two-story Tudor captures the true essence of Suthe...

Read Full Post


20409 Woodland Drive: Picture Perfect Rancher in Sutherland Manor!
Posted Thu, May 3rd 2018 2:45 pm
20409 Woodland Dinwiddie, VA MLS# 1815639 - Single Family Welcome home to this “Picture Perfect” transitional rancher with an abundance of high quality features and upgrades.  From the mome...

Read Full Post


4 Reasons Why Today’s Housing Market is NOT 2006 All Over Again
Posted Thu, May 3rd 2018 1:09 pm
With home prices rising again this year, some are concerned that we may be repeating the 2006 housing bubble that caused families so much pain when it collapsed. Today’s market is quite different...

Read Full Post