Mike May, Realtor 804.731.0111 Mike May, Realtor 804.731.0111
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Blog Posts by Mike May

Posts filed under Blog Posts by Mike May



Dispelling the Myth About Home Affordability
Posted Thu, Oct 11th 2018 11:25 am
We have all seen the headlines that report that buying a home is less affordable today than it was at any other time in the last ten years, and those headlines are accurate. But, have you ever wo...

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Dimmer Switches
Posted Tue, Oct 9th 2018 12:54 pm
Dimming an incandescent or halogen light bulb by 25% can save up to 20% of electricity. Contact A-MAY-zing Homes for all your Real Estate needs! (804) 731-0111 or mike@mikemay.com. By: PatZaby.com

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Are We About to Enter a Buyers’ Market?
Posted Thu, Oct 4th 2018 9:40 am
Home sales are below last year’s levels, home values are appreciating at a slower pace, and there are reports showing purchasing demand softening. This has some thinking we may be entering a buye...

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3 Strategies for Winning the Bidding War
Posted Tue, Oct 2nd 2018 12:30 pm
"Bidding War" — it can be an intense and scary term for something that isn't actually a war at all. Rather, it's simply your homebuying strategy vs. competing strategies to win the home you want ...

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Are Home Prices Softening Or Are They Falling?
Posted Thu, Sep 27th 2018 10:36 am
We are beginning to see reports that more housing inventory is coming to the market and that buyer demand may not be increasing at the same pace it did earlier this year. The result will be many ...

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Reasons to Purchase
Posted Tue, Sep 25th 2018 1:22 pm
The fourth quarter of the year can be the best time to buy a home. Now is a good time to purchase a home due to low down payment mortgages, low interest rates, relaxed lending standards and home...

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Is the Real Estate Market Finally Getting Back to Normal?
Posted Thu, Sep 20th 2018 3:41 pm
The housing market has been anything but normal for the last eleven years. In a normal real estate market, home prices appreciate 3.7% annually. Below, however, are the price swings since 2007 ac...

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Homeowners Net Worth
Posted Tue, Sep 18th 2018 12:57 pm
Homeowners have the advantage of forced savings through principal reduction and appreciation that renters don't enjoy. Contact AMAYzing Homes for all your Real Estate needs. (804) 731-0111 or mi...

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Mortgage Rates Hit 6-Week High With Housing Market at a Crossroad
Posted Thu, Sep 13th 2018 2:36 pm
Rates for home loans rose to a six-week high as upbeat economic data and a bulging deficit spurred a yield-lifting bond sell-off and big questions gripped the housing market. The 30-year fixed-r...

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Average Investment in Living Areas
Posted Tue, Sep 11th 2018 1:06 pm
What are owners spending their money on to add to the enjoyment of their home?

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Mortgage Rates Tick Up Again as Fannie, Freddie Start a Second Decade in Limbo
Posted Thu, Sep 6th 2018 1:55 pm
Mortgage rates rose for a second week, buoyed by a selloff in the bond market, even as housing faces a grim reminder of unfinished work in the mortgage market. The 30-year fixed-rate mortgage av...

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736 Sycamore Springs Dr: Move-in Ready 4 Bedroom Sycamore Springs Home!
Posted Thu, Sep 6th 2018 9:41 am
736 Sycamore Springs Chesterfield, VA MLS# 1831787 - Single Family Retreat from the hustle and bustle of everyday life simply by coming home! Nestled on a spacious corner lot in the lovely ...

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Act Decisively
Posted Tue, Sep 4th 2018 1:23 pm
Whether it is hesitation or procrastination due to uncertainty, it can cost buyers by having to pay more for both the house and the financing.  This is one of those markets where most of the expe...

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Happy Labor Day Weekend!
Posted Fri, Aug 31st 2018 1:11 pm

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Why are Existing Home Sales Down?
Posted Thu, Aug 30th 2018 11:15 am
The latest Existing Home Sales Report issued by the National Association of Realtors (NAR) revealed that home sales have decreased for four consecutive months and are at their slowest pace in ove...

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Reduce Refinancing Costs
Posted Tue, Aug 28th 2018 2:28 pm
There is much more than a lower rate and payment to determine whether to refinance a mortgage.  Lenders try to make refinancing as attractive as possible by rolling the closing costs into the new...

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4200 Trinity Forest Drive: Move-in Ready Rancher Loaded with Updates!
Posted Mon, Aug 27th 2018 9:54 am
4200 Trinity Forest Dinwiddie, VA MLS# 1830557 - Single Family If you are looking for a move-in ready home on a large lot, then we’ve got the property for you!  This all brick rancher is lo...

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8429 Jordan Heights Lane: Move-In Ready 4 Bedroom Home in Desirable Lake Jordan!
Posted Fri, Aug 24th 2018 4:15 pm
8429 Jordan Heights Dinwiddie, VA MLS# 1830433 - Single Family Introducing 8429 Jordan Heights Lane in North Dinwiddie VA! Lovely two-story home located in desirable Lake Jordan that includ...

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What Does The Recent Rash Of Price Reductions Mean To The Real Estate Market?
Posted Thu, Aug 23rd 2018 2:55 pm
Last week, in a new report from Zillow, it was revealed that there has been a rash of price reductions across the country. According to the report: There are more price cuts now than a year ag...

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Benefits of Homeownership
Posted Tue, Aug 21st 2018 1:18 pm
Contact A-MAY-zing Homes to make your dream of homeownership a reality! 804.731.0111 or mike@mikemay.com. 

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