Category: News

Real estate listings often feature common and not-so-common phrases that can give potential buyers a clue about the home’s condition or possibly hint at a seller’s motivation. TLC is one of these more common phrases – it tells prospective buyers that the property requires some “tender loving care,” but if you are willing to get your hands dirty you may have found a good deal. 

What does ‘TLC’ mean in real estate? 

How much work can a house calling for TLC actually need? If a house requires TLC, a buyer will need to do more than lay on some new paint and install new flooring. A house that needs TLC may have major structural issues to address, such as a shifting, a leaking or sagging roof, outdated knob and tube electrical, peeling paint or cracked siding, broken or leaking windows, and potentially much more. These homes are also known as

Pondering of shopping for a home? Think about house-hunting in Richmond, VA. The River Metropolis is well-known for its historical past and position within the Civil Warfare, commemorated with fascinating museums and historic websites, vigorous meals scene, and quick access to the James River. Mixed with a rising job market and reasonably priced housing, it’s no marvel why persons are flocking to this vibrant metropolis. 

Whether or not you’re a first-time homebuyer or seasoned property proprietor on the hunt for a brand new house, be ready to face some stiff competitors in most neighborhoods. Every of the Richmond-area neighborhoods listed beneath has a Redfin Compete Rating above 89, which suggests many properties obtain a number of gives, some with waived contingencies, with properties are promoting in below every week in most neighborhoods. Listed here are the highest 10 best neighborhoods in Richmond to purchase a home proper now.

1.

Known for its thriving coffee culture, natural beauty, and booming tech hub, Seattle, WA is attracting people from all over the country looking for a taste of the Pacific Northwest lifestyle. Throw in ample career opportunities and an eco-conscious culture, and it’s no surprise why these sought-after Seattle neighborhoods boast a competitive housing market. 

Whether you’re buying your first home or your third, if you’re looking to score your dream home in one of these Seattle area neighborhoods, be prepared for some fierce competition. Each of these neighborhoods has a Redfin Compete Score above 89, which means many homes get multiple offers, some with waived contingencies. These are the top 10 most competitive Seattle neighborhoods to buy a house right now. 

1. Victory Heights

Compete Score: 93
Median sale price: $825,500 
Average sale-to-list ratio: 107% 
Share of homes sold above list price: 69%
Homes for sale in Victory Heights