Buyers Can Use Their Goals and Prorities for 2016- a Great Time to Buy in the High-End

Property values are increasing steadily as of the last three years, and many homeowners could not be happier.

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  1. Smith Mountain Lake is against the famous Roanoke River, and spans 32 square miles of stunning rural Virginia land. It is a pristine paradise in the middle-point between the bustling Northeast and the relaxed South. There are a few lakefront houses at SML that can be viewed at debberanproperties.com/. Potential new home buyers can find some fantastic opportunities for home ownership in the luxury marketplace.

    Property values are increasing steadily as of the last three years, and many homeowners could not be happier. The growth is most present in low to medium-price homes. The high-end luxury homes are growing a lot slower, and that brings forward a staggering new opportunity for individuals who can finance or deliver a large portion upfront for homes in the range of $500,000 to $2 million. There is no shortage of ultra-properties available, and potential buyers can search lakefront real estate at SML to prove it.

    Timing is not solely dictated by the marketplace. There are other elements to consider that contribute to whether it is the time to buy or the time to look elsewhere in life. Buyers should have clear goals on what they are trying to achieve. They should prioritize these goals. For example, is the top priority to build equity? Perhaps it is best to buy a home that is partly distressed and patiently wait for a home that needs some tender care. If the top goal is to retire in quiet in a wonderful town, the more rural homes that are in pristine condition would be more advisable. Potential buyers need to prioritize what they seek and what that means to them.

    Deborah Beran is a real estate agent in VA. Contact her or any of her three key team members to have a discussion about your property needs. All of the team members are available through email on the official website. Do not hesitate to call the direct line and be directed to Deb Beran, Fred Crofts, Dorothy Marshall, or Kay Allen. Now is the time to buy. Patience and dedication will pay off in that amazing Smith Mountain Lake home.
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