RW New Homes Open: Sajo Farm

Clubhouse

Sajo Farm Clubhouse and Pool are just a few reasons why this community is a great place to live

Sajo Farm in Virginia Beach is ideally located to beaches, Town Center, and bases.  Just ask us why we love this adorable community.

Sajo Farm in Virginia Beach is ideally located to beaches, Town Center, and bases. Just ask us why we love this adorable community.

Super cute community in Virginia Beach that features wonderful amenities including community pool, gym, clubhouse, and yard maintenance.  Plus craftsman style homes and wonderful features throughout the home.  Want more information just Ask Jen 757-774-6999

 

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Staging a Home to Sell: Deep Cleaning

deepcleaning

When getting your home ready to put on the market you really need to think in terms of “Spring Cleaning” or really what we like to call a Deep Clean. This is the elbow grease your mom talked about – when you roll up your sleeves and remove grime, dirt, and make your home look shiny. Here are some great tips about how to really your deep clean on!

What To Do
Air Conditioner & Heater
  • Change the filters in the furnace
  • Schedule a service in early spring to check the system out – you want to make sure the system works before buyers tour
Windows
  • Squeegee with water/ammonia mix – works better than glass cleaner
  • Clean on a cloudy day – less streaks
  • Touch up the windowsills with paint, inside and out
  • Repair loose glass
De-Griming
  • Wash down the walls and doors – a mixture of trisodium phosphate and water should work.
    • Concentrate this cleaning in bathrooms and kitchen
    • Soak cotton balls in bleach and place them in mildewed corners of showers when you start cleaning the bathroom.  Remove them when you’re done and the mildrew will be gone.
    • Use rubbing alcohol to clean caulking – or consider replacing the caulking
    • Disinfect and whiten toilets with chlorine bleach.  Let sit for 10 minutes to kill germs – wear gloves!
    • Remove mildew from floors and walls by spraying a mixture of ½ cup chlorine bleach, 1/3 cup powdered laundry soap and 1 gallon hot water, working from the base of the wall up.  Wear gloves!
Fridge & Freezer(yes people will look)
  • With a trash can and large cooler on hand, take out all fridge and freezer contents.  Throw away old and expired items and place the remaining perishables in the cooler.
  • Scrub down all the interior surfaces, including rubber gaskets around the doors
  • Re-organized the contents as you put them back by category.  Local organizational expert Amy Volk has a great plan for this on her blog, Simplified Living.
Floors
  • Vacuum hard surfaces first
  • Wax the floor and seal when dry to protect
  • Rent or hire a professional carpet cleaning service.
Odds & Ends
  • Smoke detectors – test, clean, and change the batteries
  • Water Valves – open and close the main water values and check for leaks
  • Fire Extinguishers – recharge and check dates
Exterior
  • Check your roof and gutters for leaves and debris.
  • Patch cracks in the driveway, patio, paths, and sidewalk
  • Power wash wooden decks and surfaces
  • Fix squeaky doors and windows
  • Have your chimney and furnace serviced

Information came from Peter Walsh

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Throwback Thursday: Brenda Rawls Could Hold the Entire MLS!

brenda-with-mls-book

Brenda Rawls is a beloved figure around Rose & Womble – not only is she a powerhouse of a real estate agent – her team is consistently one of the top in the entire company – but she also shares her wealth of knowledge with our agents and staff.  One of the other things she is known for is being innovative with marketing pieces – including this gem of a photo for an ad she ran in the 1980s.  For Throwback Thursday Brenda gave us access to some of her past advertising and here is what is interesting – while the style and photos may be out of date the message is not.  She delivers a clear message of quality, professionalism, and high class service throughout her marketing.  The same is today and its a lesson that many agents can learn from her.  We’re so thankful to have her as part of our team here at Rose & Womble.

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Rose & Womble New Homes Event: Virginia Beach New Homes

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We love having so many options in Virginia Beach – especially style of home and we have a few great new homes ready to move into with 30-45 days.  Just ask Jen 757-774-6999

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Rose & Womble Realty Wins Best of 757 Award from Coastal Virginia Magazine

We're proud to be the winners of the Best of the 757 Award for Best overall Real Estate Company in Hampton Roads from Coastal Virginia Magazine Readers

We are thrilled to announce that Rose & Womble has won the GOLD award in the 757 (overall first place award) for Real Estate Companies in Coastal Virginia Magazine’s annual Best of the 757 awards. Thank you to everyone for taking the time to vote and passing along the information to your spheres.

Coastal Virginia Magazine (formerly Hampton Roads Magazine) has an annual circulation of over 320,000 people throughout the Hampton Roads area and other regions including Richmond and parts of North Carolina.

Some facts about the readers of this magazine

• Average household income $74,000
• 84% are home owners
• 56% of readers are women

Congratulations to our entire team:  from our amazing accounting department, our sales secretaries, the assistants, the managers, and of course our agents. You all deliver amazing service everyday, delighting clients and act as living examples of Best of 757. We could never be our best without all of you.

Just another reason why Rose & Womble is Your Real Estate Resource in Hampton Roads!

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RW New Homes Spring Open Event: Come See North Shore

This four bedroom ranch style home is built by Terry Peterson Residential and marketed by Rose & Womble Realty Company

1125 Knights Bridge Lane in Virginia Beach is idea for a family who want to be near everything and still have a tranquil retreat.  North Shore at Ridgley Manor is situated along the shores of Lake Smith with easy access to Town Center, military bases, and of course Virginia Beach’s best beaches.  This  open four bedroom ranch plan is designed with modern living – especially as one story houses are becoming increasingly popular.  There is a bonus room and sun room – and the master bath features a jetted tub, and did we mention the 1/3 acre lot and fully sodded yard?  Listed at $473,050 and built by Terry Peterson Residential, the buyers of this home can receive the home in 45 days and get 2% closing cost assistance when using preferred lender.

To find out more information about this home all you have to do is Ask Jen at 757-774-6999 or visit our Spring Open Webpage

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Rose & Womble Number One for All of Hampton Roads

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In March 2014 in overall Listings, Settled Sales, and Under Contracts – Rose & Womble Realty Company was Number 1 for BOTH Southside and Peninsula in Hampton Roads.

Our agents did more that Seven Million in Settled Sales Volume than the number two real estate company Prudential Towne Realty.  We love being Your Hampton Roads Real Estate Resource.

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More Americans Believe Real Estate is the Best Long-Term Investment

Now's the time to invest

According to a recent Gallup poll, more Americans believe that real estate is a better long-term investment. Compared to gold, stocks, bonds, and savings accounts, real estate was the strongest investment type according to Americans whose household income was $75,000 dollars and above.

This is another sign that the real estate recovery is here and growing strong. If you think you’re ready to diversify your portfolio then now is the time to jump in. Rates are still very favorable but housing prices are starting to increase. Don’t let the market pass you by, speak to a Rose & Womble REALTOR® about investing long term in residential real estate.

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Lynnhaven Men Walk In Her Shoes

Denise Britt, Will Arazia, Norman Thomas, Robbin Favaloro, and Mike Harvey

Lynnhaven Men Raise Awareness to Stop Violence Against Women

 

A few men from Rose & Womble’s Lynnhaven office decided to put a huge step forward in the fight against domestic violence by participating in the  3rd annual Walk a Mile in Her Shoes, a men’s march to stop rape, sexual assault, and gender violence.

Managing Broker John Daly, Assistant Managing Broker Norman Thomas, and REALTORS® Mike Harvey and Will Araiza all participated in the walk which happened at the World Trade Center building in Norfolk.  These men got involved with the march after hearing about the event from Denise Britt, a REALTOR® also from the Lynnhaven office.

“I got involved with this cause after participating in our office helping to remodel several rooms at the YWCA in Norfolk.  The Rose & Womble Foundation and our office worked to raise fund and after that I wanted to do more,” said Denise.

Denise, who used to work as a hair stylist, lost a client to domestic violence helped to co-form a non-profit organization called Daughters of Life.  The organization works to help families in crisis, provide scholarships, and other forms of out reach.  Her organization helped to remodel other rooms at the YWCA.

“Being a REALTOR® I help people find shelter, and that is what Daughters of Life is all about, helping to provide safe shelter for those in need.  I want to encourage other members of Rose & Womble to join me because it’s a perfect partnership to what we already provide,” said Denise.

Mike Harvey, one of the men who participated, said that the event gave him a better appreciation for women.  He borrowed the shoes from his girlfriend.

“Well my feet hurt, and my calves are killing me.  I don’t know how women walk in these shoes.  But seriously, this was a great cause because its important to bring awareness of an issue that I feel doesn’t get enough attention.”

Mike plans to make this an annual event, and Denise really wants to have 100 men from Rose & Womble there next year.

“I will beg if I have to but I won’t take no for an answer. I’m really proud of my four guys this year and I know there are other men in our company who are willing to take a step to help women,” says Denise.

For more information about Daughters of Life please visit their website.

 

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Latest Mortgage Information

Latest Mortgage Information
Newsletter-April 21st, 2014     
Provided by
Kevin O’Neil
Kevin O’Neil
Monarch Mortgage
Phone: (757)289-4291
E-Mail: koneil@monarchmortgage.com
Market Comment

Mortgage bond prices finished the week lower which pushed rates higher. The market was negative most of the week as stocks rebounded and the data came in against us. The consumer price index rose 0.2%, higher than the expected 0.1% increase. The core, which excludes volatile food and energy, rose 0.2% and was expected up 0.1%. Weekly jobless claims printed at 304k versus the expected 313k. Continuing claims fell to 2.739m versus the expected 2.794m. The Philadelphia Fed business conditions index was better than expected @ 16.6 versus the expected 9.5 mark. The MBS market closed early Thursday and was closed Friday for the holiday weekend. Mortgage interest rates rose by over 1/2 a discount point for the shortened trading week.
LOOKING AHEAD

Economic
Indicator

Release
Date & Time

Consensus
Estimate


Analysis

Leading Economic Indicators

Monday, April 21,
10:00 am, et

Up 0.2%

Important. An indication of future economic activity. A smaller increase may lead to lower rates.
2-year Treasury Note Auction

Tuesday, April 22,
1:15 pm, et

None Important. Notes will be auctioned. Strong demand may lead to lower mortgage rates.
New Home Sales

Wednesday, April 23,
10:00 am, et

452k

Important. An indication of economic strength and credit demand. Weakness may lead to lower rates.
5-year Treasury Note Auction

Wednesday, April 23,
1:15 pm, et

None

Important. Notes will be auctioned. Strong demand may lead to lower mortgage rates.
Weekly Jobless Claims Thursday, April 24,
8:30 am, et
298k Important. An indication of employment. Higher claims may result in lower rates.
Durable Goods Orders Thursday, April 24,
8:30 am, et
Up 0.8% Important. An indication of the demand for “big ticket” items. Weakness may lead to lower rates.
7-year Treasury Note Auction Thursday, April 24,
1:15 pm, et
None Important. Notes will be auctioned. Strong demand may lead to lower mortgage rates.
U of Michigan Consumer Sentiment Friday, April 25,
10:00 am, et
82.4 Important. An indication of consumers’ willingness to spend. Weakness may lead to lower mortgage rates.

Gas Prices

Fears of energy price increases are growing with gasoline prices pushing back towards and in some areas over the $4/gallon mark. Most areas of the US have seen gas prices rise to levels not seen since last summer. This comes amid a difficult time for many people as good jobs remain scarce, the housing market struggles, and the economy remains fragile.

The recent consumer price index released by The Bureau of Labor Statistics showed higher than expected overall prices despite the fact gasoline prices in March were lower which offset price increases in food and shelter. Signs that gasoline prices are now increasing are not a welcome sight with price pressures already a concern.

The U.S. Energy Information Administration reported April 14, 2014 that the price of regular gasoline averaged $3.579 per gallon across the country. The Gulf Coast had the lowest average prices while the West Coast had the highest. Many analysts blame the price increases on global political instability especially in oil producing countries. Others point to refinery supply issues tied to a changeover from winter formulations to summer formulations. Increased demand by consumers during the holidays also plays a role. Most predict that prices will continue to escalate into the summer but there is some hope that increased domestic production can help keep prices in check.

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Copyright 2014. All Rights Reserved. Mortgage Market Information Services, Inc. www.ratelink.com The information contained herein is believed to be accurate, however no representation or warranties are written or implied.

   MORTGAGE MARKET IN REVIEW Newsletter-April 21st, 2014     
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