Saving for a down payment may seem difficult, especially if you're new to the idea of buying a home. It's not impossible, though, and a carefully planned strategy can make all the difference in helping you save. Here are a few suggestions from our real estate agents to help you save up a down payment.
As you save for your down payment, don't forget that there are programs to help reduce the down payment burden for first-time homebuyers. For more information about down payments or questions about buying your first home, contact us today.
The last few years have made people rethink where and how they work. It comes as no surprise that the number of coworking spaces and people who use them has skyrocketed in 2021.
In all fairness, coworking was already a major trend before the pandemic changed everything—the number of flexible workspaces in the U.S. grew by more than 200% between 2014 and 2018—but being forced to work from home has shifted everyone's perspectives. After all, wouldn't it be great if you could work from home... but not from home?
What is Coworking?
If you've ever used a local coffee shop as a place to get work done, then you have an idea of what coworking is all about. But a dedicated coworking space is different because it's actually designed with the needs of remote workers in mind.
At a typical coworking space, you'll see individuals and groups all working independently on their own projects in a space that's made for working. Coworking spaces have all the amenities remote workers need, like Wi-Fi, printers, various workspaces, and conference areas.
Unlike a coffee shop, you won't feel like you're on display. And unlike a coffee shop, you don't have to keep buying a steady stream of coffee and scones to avoid feeling like a freeloader (but don't worry; many coworking spaces have coffee and snacks).
Coworking Spaces in Richmond
The number of spaces dedicated to coworking in the Richmond area has gone through the roof in recent years. Check out some of these amazing places convenient to Richmond homes for sale:
Contact us today to learn more about living and working in Richmond, VA. Whether you work from home, from a coworking space, or at a traditional workplace, Richmond offers a host of amazing opportunities.
Sometimes a myth is fun to believe, but other times, it has a negative impact on your ability to accomplish your goals. Our real estate agents know that real estate myths are fairly common in our industry. Here are several we've heard over the years that we want to debunk.
Our team has the experience needed to help you successfully navigate the Central Virginia real estate market. Contact us today for assistance!
Credit scores have long been a mystery to homebuyers, in both how they are determined and how they matter in the long run. Most people think that if you pay your bills on time, you'll have a good score, but our real estate agents can tell you that there is far more to it than that. But while the exact formula used to determine your score is not public knowledge, you still have a great deal of control over it. Here's how you can optimize your credit score and qualify for a mortgage with a good rate.
From Dinwiddie to Colonial Heights, to Fort Lee from Petersburg – we've got the Tri Cities covered!
Contact Napier Realtors ERA for your buying and selling needs. https://www.napierera.com/contact/
Buying a new home can be exciting, complicated, and overwhelming all at the same time. After all, it's also commonly considered one of the largest financial decisions many people will make in a lifetime. With so much on the line, it can be easy to make mistakes, especially if you're buying your first home. Being prepared is the best way to avoid costly pitfalls. If you're considering these Richmond homes for sale, below are six things to know before you buy.
May & June are going strong in Richmond's Real Estate Market
It's a GREAT time to list your home in Central Virginia because home inventory is low and prices are rising.
The real estate market in our area continues to be extremely active and in the month of May alone, 2,513 homes were listed, and 1,952 homes were successfully sold!The average sales price in our area was $300,826 in May 2020 compared to $288,203 last May – more than a 4% increase!
If you've been putting off listing your home, this could be the perfect opportunity to contact a Napier ERA sales professional, who can give you an accurate assessment of what you can expect in your market.
Contact Napier ERA today to get started!
2019 is here and the annual Consumer Electronics Show is over, unveiling new technology that allows us to be more automated and updated on what's happening in and around our homes.
Automation is still new and it may be hard to tell which devices may actually improve your life and your new home, so we have put together a list of the top items that will allow you to start making your home "smart" in 2019 and make your life easier.
Regulate Inside Temperatures and Save Money: Nest Learning Thermostat
With proven energy settings and the ability to change the temperature of your home remotely, the Nest Thermostat solution allows you to have more control over the temperature of your home than ever before. You can control the temperatures of different rooms all from their app and with their sensor feature, you can make sure the coldest room of your house is still feeling the love from the heat. Nest also learns your schedule and will turn down the HVAC when you're not home automatically, meaning no more wasted energy or money. This product isn't new, but it is always improving and could help you improve your energy bill, too.
Set the Mood, Save Money, Even Turn on Alerts: Philips Hue Smart Light Bulbs
You can put these light bulbs throughout your home and have full control of your lighting. From the intensity of the lights to the colors, these smart light bulbs are so popular probably because of the effect they can have on mood. Wake up to the color of the sunrise or turn your daughter's room fully pink for princess playtime with the smartphone app. You can also sync the lighting to the sound of your music or have your lights blink a different color when you receive a text message or phone call. These bulbs aren't new but are always getting updates to sync with other smart devices.
Monitor your baby, smartly: Motorola's Halo baby monitor
Baby monitors are hardly new technology, but Motorola has made the baby monitor smart in 2019. The Halo baby monitor attaches to a cot or crib for an overhead view of the baby. The 1080p camera includes night vision and two-way audio that you can use on your smartphone. Above the camera, a ring of soft light glows and changes colors, while a virtual mobile projects scenes onto the ceiling. There's also the option to play lullabies or your own voice recordings through the Halo's speakers.
Clean Up With Little to No Effort: Ecovacs Deebot N79S Vacuum
Most of us know that vacuums can be wildly expensive in price, plus the effort that you take to vacuum your home often can eat into your family time. You can now get the job done quickly with a smart vacuum that's remote controlled and can be automated to run when you're not even home. This vacuum is truly smart -- it can steer itself around your house, picking up grime from all types of surfaces and then drive itself back to its homebase to charge for the next clean sweep.
Caller ID at the Front Door Keeps You Safer: Ring Doorbell and Camera
Ring's approach to the doorbell allows you to view exactly who is at your front door in high resolution. With instant mobile alerts and two-way talk features, Ring can help you recieve mail deliveries, avoid stranger danger, and reduce crime in your neighborhood. Ring's newest feature boasts improving community safety by helping neighbors identify potential delivery thieves among other crime.
Get Smarter at Doing Laundry: Samsung's Bixby-enabled smart washer
Unveiled at CES 2019, Samsung is bringing their voice assistant, Bixby, to your laundry room. Use your Samsung phone to get suggestions on the best laundry cycles for different types of garments, check-in on a cycle, or schedule a wash for later. It also has a SuperSpeed setting that's supposed to wash a regular load of laundry in just 30 minutes.
Best Speaker and Connector: Amazon Echo
Amazon's Alexa-enabled devices top all the lists of the most useful smart home devices. The device itself looks like a speaker but it can do so much more than turn on the music. It can also take voice commands from users by talking to "Alexa." This device easily connects to many other smart home devices and makes it easy to have all your smart devices work together. On its own, it can give you daily news stories, set alarms and reminders, make calls, help you with your grocery list and so much more.
Take Them With You When You Move
Fall is in the air and the holiday season is gearing up. As you prepare to do your holiday shopping, our real estate agents want you to know that there is no better gift to your family than a new home. As you consider homes for sale in Henrico, the following are seven tips that can turn your homeownership dreams into a reality this holiday season.
When visions of new homes replace the sugarplums and fairies in your dreams, Napier ERA Real Estate can help you make your home ownership dreams a reality. Contact us to start searching for homes for sale in Henrico this holiday season and to learn more about our services.
When you're buying a home in a new city, it's hard to know if you're making the right choice by choosing a specific house—not to mention an entire neighborhood. Home buyers often ask our REALTORS®, "How do I know if this neighborhood is the right one for my family?"
There are a lot of answers to this question; however, finding your own best place to live is a personal process. Your list of wants, needs, and preferences will shape what you're looking for in a home. Understanding how to prepare, prioritize, and reach an informed decision ultimately goes a long way in finding the right Richmond homes.
When you begin to search for homes in our community, here are six tips to help you get started:
Finding the right place to call home takes effort, but it's more than worth it. When you find the right neighborhood, home, and community, you've got a great chance of loving your next home for years to come. Contact us at Napier ERA to get started.
For the first time since the 2008 housing bubble, homes are going on the market en masse – and the Richmond, VA housing market is one of the hottest places in the United States.
Napier ERA President Jim Napier put this into perspective in the June, 2017 publication of Richmondmag.com:
"Six months' worth of inventory is considered a normal market that favors neither buyer nor seller. On average, the Richmond region has a little more than four months of inventory based on home sales from the first quarter of 2017."
Conditions remain tight throughout desirable Richmond areas:
The seller's market in Richmond is an inspiration for communities all throughout the United States that want to see a vibrant housing market. And who is the economic engine behind it all? It's Millennials--the oldest of whom are about 35 today.
Institutions have long undervalued Millennial purchasing power. The effects of structural issues like the economic downturn coupled with huge and rising student debt have given the generation a pragmatic streak that looks askance at luxury items like diamonds and sports cars.
Now, however, Millennials are entering the housing market in greater numbers.
Suppressed earnings caused by weak economic conditions have given way to a robust employment market granting Millennials a chance to start fresh at building a family and pursuing homeownership.
With $200 billion in buying power and representing about 25 percent of the population, Millennials have come roaring onto the scene – bringing a merciful end to years of think-pieces and stale jibes about avocado toast.
Still, it's essential to approach the Richmond market with eyes open.
Thanks to its many career and educational opportunities, paired with unbeatable amenities and a welcoming community, Richmond is a Millennial magnet.
To make the most of all it has to offer, Millennial home buyers should keep these steps in mind:
At Napier ERA, our real estate agents are dedicated to helping you achieve the dream of homeownership. Our team is made up of the foremost experts on the Richmond real estate market. We will give you the personalized guidance you need to make an informed decision each step of the way. Contact Napier ERA today.
2018 will be a promising year for anyone who wants to buy one of the homes for sale in Richmond. Richmond is a desirable real estate market for both growing families and upwardly-mobile professionals, and there are plenty of opportunities to find amazing homes in our community.
While Richmond is still the same great area for home buying it has been for years, some aspects of the housing market are shifting. The more you know, the easier it'll be to navigate your options, make the best choices for you, and find the Richmond home you've been searching for.
Let's review some of the most important trends influencing area home buyers today:
If you are a first-time home buyer with your eye on real estate for sale in the Richmond area, Napier ERA is the expert team that can help make your homeownership dreams come true. Contact Napier ERA today – our real estate agents are looking forward to helping you.
When you're searching for a home in Richmond, finding the perfect neighborhood definitely matters. A favorite location loved by Richmond locals is the Fan District. Located between Broad Street and Main Street, this culture-filled neighborhood lies at the eastern part of the West End area.
So what is so appealing about the Fan District? Find out why Richmond locals love this historical and picturesque neighborhood.
Considered the largest intact Victorian neighborhood in the United States, over 2,000 historic homes line the streets of the Fan District. Largely developed between 1890 - 1930, this area marks a period of economic prosperity for the City of Richmond. In addition to Victorian homes, it also features architecture in assorted well-known styles including Italianate, Richardsonian Romanesque, Queen Anne, Colonial Revival, Bungalow, American Foursquare, Tudor Revival, Spanish Colonial, and Art Deco.
The rich history of Richmond is visible in more than just houses, most prominently featured on Monument Avenue. This street features a grassed divider lined with statues of prominent figures in Richmond history. The majority of these figures represent Confederate Generals such as Robert E. Lee but also include tennis star Arthur Ashe, a Richmond native.
In addition to the year-round display, Monument Avenue is home to many events including those held by Civil War reenactors and a well-known Easter parade. The street is part of the larger Monument Avenue Historic District.
The Fan District is also known for a strong sense of community. This highly walkable area features many restaurants and shops that are easily accessible. Streets feature lower speed limits to ensure pedestrian safety too.
Area residents take pride in their community appearance too, with frequent efforts to maintain yards, clean up after animals, and remove graffiti as detailed by the Fan District Association. But these Richmond residents don't just care about the buildings; they care about the people too.
Fan Village volunteers work to assist older residents, helping them age in place, instead of allowing them to get left behind by new construction and rising costs. Free services offered include simple tasks like taking out the recycling bins or grocery shopping and include kindness such as daily phone calls and well-being checks.
Homes in Richmond are already hot, and homes in the Fan District are even hotter. Home value growth in this neighborhood is currently at 4.8 percent, based on a strong job market, attractive living environment, and reliable home equity.
It's clear that the Fan District provides beauty with picturesque homes, historic artwork, and caring people. Our real estate agents at Napier ERA understand why people fall in love with Richmond community and can help you find a home of your own.
The historic city of Richmond, VA lies in the heart of the Mid-Atlantic region with the sprawling Chesapeake Bay to the east and the majestic Appalachian Mountains to the west. The Richmond area is filled with big-city attractions along with a healthy dose of small-town charm. When you're shopping for Richmond real estate, it's a great idea to take a look at all of the communities that make up the historic Richmond area in order to find the right fit. Today, we'll be taking a closer look at Richmond City along with Henrico County, Chesterfield County and Hanover County.