Mr. Sid M. Smyth, M.S. CAI
License #: 0225 049102
Office: 434-696-2118
Contact Me - My Website

Let’s hope winter is about over. It has certainly been a long one and I for one have had my fill. Although I have stayed busy these past few months, the cold and snow have certainly put a damper on Buyer as is reported by Long and Foster’s President, Jeff Detwiler. (see related article below). I finally met with a client last weekend that had originally scheduled to meet with me the first weekend in February. This being said, with these past few days of warm weather, it is making the phone ring even more and I am optimistic about the pent-up demand for real estate releasing as spring progresses.

Mr. Detwiler is optimistic and I have also included an interesting article from the real estate economist David Berson, in an interview with Housingwire, who is very bullish on the 2014 real estate market. Over 1.2 million new households will be created this year and they will need a place to live. Of course he does mention the job market and how growth in jobs and growth in housing are interrelated. Hopefully as Southside Va. continues to dig out of the recession we have experienced, businesses will recognize our affordability and quality of life and look at this area for future expansion.

Auctions continue to be a great tool for moving real estate in a sluggish market and although, not all properties fit the auction criteria, it is a method of selling that is becoming more attractive and I have included an article from listing the attributes of the accelerated marketing method.

As a real estate consultant, it is my mission to not only keep you informed about the ever changing real estate market, but also to provide you with alternatives to help you sale or purchase real estate be it for your home, recreation or to add to your investment portfolio.

As always, I hope you enjoy my eNewsletter and please feel free to call or email your questions to me and have a great spring.

Recent News
Real estate sales remain cool across the Mid-Atlantic & Northeast

Real estate sales remaincool across the Mid-Atlantic & NortheastDecline reported forFebruary's sales volumes, units From: Jeff Detwiler, President and COO February's snow storms have had..

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Economist: 3 major things you need to know about the 2014 housing market

March 17, 2014David Berson home marketsHousingmortgage creditReal estate Email The following list was put together by a veteran housingeconomist, asked by HousingWire for his opinion on the...

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5 Reasons to Sell Your Property via Auction

Mar 25, 2014 It’s difficult for mostproperty owners to decide to sell an asset. More often than not, they do anin-depth evaluation of the asset and carefully consider their options...

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March Housing Madness: Leading Markets Index Shows 59 Metros at or Above Normal

Markets in 59 out of the approximately 350 metro areas nationwide returned to or exceeded their last normal levels of economic and housing activity, according to the National Association of Home...

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Fixed Mortgage Rates Reverse Course

In recent housing news, Freddie Mac released the results of its Primary Mortgage Market Survey® (PMMS®), showing average fixed mortgage rates moving down following weaker than expected...

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Small Changes to Upgrade Your Home

Flipping through the television channels, it's hard not to find a home improvement show about remodeling and do-it-yourself (DIY) projects. From "Property Brothers" to "Design Star," these popular...

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Are You Covered? Five Tips for Roof Replacement Projects

Seasonal storms are a reminder to make certain your roof is well-equipped to help provide protection from Mother Nature. Considering a roof replacement? Follow these tips for outstanding performance,.

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Movie: Housing Recovery To Continue

Movie Title: Housing Recovery To Continue Description: Stay informed about the effects of the continued recovery in 2014. ...

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If you have a brokerage relationship with another agency, this is not intended as a solicitation. All information deemed reliable but not guaranteed.

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