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Posts Tagged ‘relocate to roanoke va’

….and you think homes are expensive in Roanoke?

January 15th, 2010 The Wilson Team Comments off

‘Skinniest House’ Sells for $2.1 million
A property dubbed New York City’s skinniest house sold recently for $2.1 million.The two-story Greenwich Village property is 9.5 feet wide and 42 feet long and has two bedrooms and two baths. The townhouse was listed last August for $2.7 million by Alex Nicholas, senior vice president of the Corcoran Group. It last sold in 2000 for $1.6 million. It is now for rent for $10,000 per month.  Source: The Associated Press (01/13/2010)

For this price you can buy 10 average homes in Roanoke and have money left over for things like food, electricity, etc.  Based on our average home, you could have thirty bedrooms, 20 baths, and probably 30 garage spaces.  I think I would much rather live in Roanoke anyway.   See the post below!

Sad News – Prominent Roanoke Real Estate Lawyer Passes

December 30th, 2009 The Wilson Team Comments off

It is with a heavy heart that I let everyone know that Ed Natt has finally lost his battle with cancer. He passed away last night around 9:15pm after a long and ardous fight against cancer. He was a friend, neighbor, and outstanding attorney who always had a smile on his face. There was a great article in the Roanoke Times recently about Ed’s life. Click Here
He will be sadly missed. Please keep his family in your prayers.

Another Big Gain in Existing Home Sales

December 22nd, 2009 The Wilson Team Comments off

Existing-home sales rose again in November as first-time buyers rushed to close sales before the original Nov. 30 deadline for the recently extended and expanded tax credit, according to the NATIONAL ASSOCIATION OF REALTORS®. More…

Have We Hit The Bottom Yet in Roanoke Home Sales?

December 3rd, 2009 The Wilson Team Comments off

According to a recent article in REALTOR Magazine, Lawrence Yun, Chief economist of the National Association of REALTORS states, “It’s been a long time coming, but thanks largely to strengthening housing markets, the country is pulling out of the recession.” He goes on to to speak about the recession and hopefully better economic conditions ahead. This article was in the November/December issue and had a couple of very interesting graphs showing Home Sales and Business Confidence. more …

New homebuyer tax credit helps Roanoke home buyers

December 3rd, 2009 The Wilson Team Comments off

The Unemployment Insurance bill including the homebuyer tax credit extension and expansion has passed the House by a vote of 403-12 after passing the Senate last night 98-0. President Obama signed off on this bill this afternoon. Right click this link and select “Save target as…” to download a chart explaining the difference between this credit and the one that expired on November 30.

The bill extends the present $8,000 tax credit for first-time home buyers through April 30, 2010. Current homeowners are eligible for a $6,500 tax credit through April 30, provided they have lived in the home they are selling, or have sold, as principal residence for five consecutive years in the past eight years. If potential home buyers have a binding contract on or before April 30, they will have until July 1 to close the transaction.

Income limits for eligible home buyers are expanded to $125,000 for single buyers and $225,000 for couples. The purchase price of the home cannot exceed $800,000. To help guard against fraud, buyers are required to attach documentation of purchase to their tax return.more…