Bill Reitz's Blog Posts

Bill Reitz's Blog Posts

Homes Are More Affordable Now Than In The Last 25 Years
A loaf of bread used to be a nickel. A movie ticket was a dime.  Not anymore. Houses were also much less expensive than they are now. Inflation raised the price of all three o...

Is The Dip In Interest Rates Permanent
Interest rates for a 30-year fixed rate mortgage climbed consistently throughout 2018 until the middle of November. After that point, rates returned to levels that we saw in August...

Breakfast On The South Side
I am a breakfast junkie.Give me breakfast any meal of the day. Early morning, brunch, brinner, afternoon snack, you name it. I dig breakfast.I generally do my own cooking, but sinc...

Almost 25 Percent Of New Home Buyers Think That Winter Is The Perfect Time To Buy
In real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those lookin...

Most Renters Have Been Misled
Recently, multiple headlines have been written asserting that homeownership is less affordable today than at any other time in the last decade. Though the headlines are accurate, t...

Debunking Two Home Buying Myths
Urban Institute recently released a report entitled, “Barriers to Accessing Homeownership: Down Payment, Credit, and Affordability,” which reveale...

Where Home Prices Are Going
There are many questions about where home prices will be next year as well as where they may be headed over the next several years to come. We have gathered the most reliable sourc...

Five Tips For Starting Your Home Search
1. Get Pre-Approved for a Mortgage Before You Start Your SearchOne way to show you are serious about buying your dream home is to get pre-qualified or pre-approved for a mortg...

Manifest On NBC
A new show has premiered on NBC called "Manifest". It first premiered last week on Monday, September, 24.  The previews for the show stirred up quite a buzz and I was one of t...

The Five Year Difference
CoreLogic recently released their Home Price Index Report. One of the key indicators used in the report to determine the health of the housing market was home price ...

Hurricane Florence
If you are anywhere near the path of this beast, please get out. Property can be rebuilt or replaced. You can't.Hurricane Florence could cost the East Coast more than $170 bil...

Four Reasons To Buy A Home This Fall
Here are four great reasons to consider buying a home today instead of waiting.1. Prices Will Continue to RiseCoreLogic’s latest Home Price Insights report reveals...

Shaking Crab
     Recently, my mom and I discovered this really cool seafood spot in VA Beach.  When we finally got some time we decided to go and check it out.&nb...

Three Myths About Todays Real Estate Market
There are many conflicting headlines when it comes to describing today’s real estate market. Some are making comparisons to the market we experienced 10 years ago and are startin...

Homeowners Generate 44x The Wealth Of Renters
Every three years, the Federal Reserve conducts their Survey of Consumer Finances in which they collect data across all economic and social groups. Their latest...

It Might Be Time To Sell
Is it time to sell?Well, there were 850K new home permits issued in June of this year.And that, my friend is your competition in the future. Don't get me wrong, the shortage o...

Aug 4 2018 61032 1
The results of the latest Rent vs. Buy Report from Trulia show that homeownership remains cheaper than renting, with a traditional 30-year fixed rate mortgage, ...

How Long Does The Average Home Owner Live In Their Home
The National Association of Realtors (NAR) keeps historical data on many aspects of homeownership. One of their data points, which has changed dramatically, is ...

Jun 25 2018 61032 1
You do not need 20% down to buy a homeThe Aspiring Home Buyers Profile from the National Association of Realtors (NAR) found that the American public is st...


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Abrams Realty
4640 Shore Drive, Suite 113
Virginia Beach, VA
757-267-9508
757-585-3564