How Much Do You Need To Make To Afford A Million Dollar Beckley Home?
Betty J. Moore and Associates Realtors Blog
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1y ago
Beckley, West Virginia, located in the southern part of West Virginia, is known for its beautiful natural surroundings, outdoor recreational opportunities, and rich history and cultural heritage. While Beckley is primarily known for its small-town charm and affordable housing options, the area also boasts a selection of luxurious, high-end houses for sale in Beckley WV that are worth $750,000 to over a million dollars. How much money do you need to make to afford a million dollar house in Beckley West Virginia? Betty J. Moore and Associates estimates the payment on a million dollar home in Bec ..read more
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Finding Your Perfect Beckley Home In Today's Market
Betty J. Moore and Associates Realtors Blog
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2y ago
  Since the number of homes for sale in the Beckley WV Real Estate Market is low today, it can feel challenging to find a Beckley WV home for sale that checks all your boxes. But if you know which features are absolutely essential in your next home and which ones are just nice bonuses, you can land a home that fits your needs. Danielle Hale, Chief Economist for realtor.com, explains it like this: “Focus on the goal you set out for yourself, like your list of must-haves and nice-to-haves and your budget, . . . Stick to that. Be persistent.” So h ..read more
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How to make $12,000 Power Washing a Single Beckley Home
Betty J. Moore and Associates Realtors Blog
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2y ago
Would you power wash a single Beckley area house for $12,000?  Absolutely, who wouldn't, right!  Let me breakout my power washer and tell me where to go, I can be ready in 5 minutes! Hold on just a minute and let me explain. Yes, the real estate market is HOT and homes are selling FASTER than generators at Lowe's during an ice storm.  But that does not mean you shouldn't do the basic minimums in preparing your Beckley WV home to go on the market.   Things like trimming the shrubs, power washing the house, side walks, and driveway still should be done to maximize your ..read more
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Beckley Home Sellers: You’ll Likely Get Multiple Strong Offers This Season
Betty J. Moore and Associates Realtors Blog
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2y ago
  Are you thinking about selling your house right now, but you’re not sure you’ll have the time to do so as the holidays draw near? If so, consider this: even as the holiday season approaches, there are plenty of buyers out there, and they really want your house. Here’s why selling this winter is a win for you. Today’s buyers are still dealing with a limited number of homes for sale. Thanks to continued low inventory, those buyers are competing with one another for their dream home. And when that happens, if your house is one of the few on the market, it w ..read more
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VA Loans: Helping Beckley Area Veterans Achieve Their Homeownership Dreams
Betty J. Moore and Associates Realtors Blog
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2y ago
  The purpose of Veterans Affairs (VA) home loans is to provide a pathway to homeownership for those who have sacrificed so much by serving our nation. As the Veterans Administration says of the program: “The objective of the VA Home Loan Guaranty program is to help eligible Veterans, active-duty personnel, surviving spouses, and members of the Reserves and National Guard purchase, retain, and adapt homes in recognition of their service. . . .” For over 75 years, VA home loans have provided millions of veterans and their families the opportunity to purchase their own h ..read more
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Two Graphs That Show Why It Is Still A Great Time To Buy A Home In Beckley
Betty J. Moore and Associates Realtors Blog
by
2y ago
There are still plenty of great Beckley homes available like this home at 243 West Locust Drive, Beckley, WV 25801 and with mortgage rates still near historic lows, it is still a great time to buy a home in Beckley WV.   With the average 30-year fixed mortgage rate from Freddie Mac climbing above 3%, rising rates are one of the topics dominating the discussion in the Beckley housing market today. And since experts project rates will rise further in the coming months, that conversation isn’t going away any time soon. But as a Beckley homebuyer, what do rates  ..read more
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Beckley Renters Missed Out on $51,500 This Past Year
Betty J. Moore and Associates Realtors Blog
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2y ago
Beckley Renters Missed Out On As Much As $51,500 This Past Year Beckley WV rents have increased significantly this year. The latest National Rent Report from Apartmentlist.com shows rents are rising at a rate much higher than the three years leading up to the pandemic: “Since January of this year, the national median rent has increased by a staggering 16.4 percent. To put that in context, rent growth from January to September averaged just 3.4 percent in the pre-pandemic years from 2017-2019.” Looking back, we can see rents rising isn’t new. The median&n ..read more
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Evaluating Beckley Real Estate Investing Using The 1% Rule
Betty J. Moore and Associates Realtors Blog
by
2y ago
The 1% Rule: A Real Estate Investing Tool Most experienced real estate investors have probably heard of the 1% rule. The 1% rule is a tool investors use to help you determine whether the monthly income you earn from a rental property will provide sufficient revenue to cover expenses and return a reasonable rate of return on your investment. How Does The 1% Rule work? The 1% rule states that when evaluating properties, investors should calculate monthly rent to be at least 1% of the total purchase price including repairs that are required to make the property ready to rent.  The idea is t ..read more
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Beckley Real Estate Market March 2021 Compared To Prior Year
Betty J. Moore and Associates Realtors Blog
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2y ago
  The Beckley Real Estate Market continues to be on fire.  Inventory available continues at historic lows with only 2.6 months worth of homes available compared to 5.5 months one year ago, even though new listings increased 54 homes to 129 compared to 75 one year ago. Median and Average Home prices were up 22% and 19% year over year. Average Days on the Market (DOM) fell a modest 5 days from 150 to 145.  Deeper analysis of DOM data shows homes in certain price ranges are selling much faster, especially in the $300,000 to $399,000 range, down from 170 days to 47 days. We see thes ..read more
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Beckley's Best Realtors Gives You The App You Need
Betty J. Moore and Associates Realtors Blog
by
2y ago
Betty J. Moore and Associates has an App for that!   Looking for your new home?  Want to be updated the minute a listing in your desired area hits the market?  We have an app for that!  Along with Betty J. Moore's new website comes our companion App, MoveTo.   Download the MoveTo app and find the home of your dreams! MoveTo taps into our Website to provide you with the most up-to-date, accurate listings for all Beckley Real Estate Listings.   To get started first register for an account on our website at BettyJMoore.com.  Then go to the Apple App Store o ..read more
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