Marlene Shelton Giles

Central Virginia Housing Picking up Steam....

2009-06-12T01:16:00Z

This is very good, The low rates and tax incentives are working..We are seeing a much busier month than previousFor any one that had "thought" of buying, get busy and do it..,before the homes start jumping in price. When the economy picks up along with housing, we should see increases in prices.. There are foreclosures out there, and for a while, we will keep seeing them. One reason, is the lenders have prolonged taking many of them back.. There are homeowners that are far behind in their payments.. Once these are"cleaned up" we will begin our normalcy.. For those needing assistance.. call Marlene S. Giles. Re/MAX 1st Olympic 434-841-4609....Lynchburg, Virginia

Lynchburg, Va --Real Estate Market

2008-10-31T02:05:00Z

It is a very good time to buy and sell here in our area.. Yes, there are some foreclosures, but not the mass as in other areas. With that said, there are some very good buys. My thoughts are, the market will turn around, and those that can afford to pick up some good buys now, and hold on for a little while, will have some good equity . This area has not been hit near as hard as other areas such as the northern Va market , Florida, California, etc. Our area is still conservative and did not see the drastic increase in price like those others did.l With the 5 colleges here in Lynchburg, and all the industries, we are still moving homes.

Investment properties, I feel, will be a great tool to have in ones tool box for retirement. You can always rent properties.. !! This can be a great income for us in our "older" years.. As always, buy wisely, call me..

Marlene Shelton Giles, RE/MAX 1st Olympic, Lynchburg VA. marlenesg@aol.com

Our Lynchburg Market is not the National Market......

2008-09-23T15:19:00Z

Marlene Shelton-Giles

RE/MAX 1st Olympic, REALTORS

Lynchburg, Va 24502

434-841-4609

www.marlenesheltongiles.com

Our Market is steady here in Lynchburg, and increasing on average,each year. We have constantly had to

answerquestions about the "bad" market. First of all, there is no National Market. Each area is unique and

a market in itself. Granted there are some areas with an abundance of foreclosures. They seem to be the ones that felt the quick upward surges inprices from 2000 to 2005. Lynchburg has been relatively steady. We did see a very good appreciation in 2005, but not a surge as in Northern Virginia, California, and resort areas.

We have many industries here that are doing well , along with 5 colleges. The colleges are bringing many students, along with their parents and grandparents...Statistics have stated too, for many years, that central Virginia is one of the most affordable in the state !! Also offering the 4 beautiful seasons, Mountain Views, Skiing in Wintergreen, and of course the Gorgeous Smith Mountain Lake less than an hour drive. The area also provides very good hunting for those avid hunters..

marlenesg@aol.com

3-Level Split For Sale in Bedford County

2008-09-09T06:00:00Z

CLEAN AS A PENNY !!

• 1,354 sq. ft., 2 bath, 3 bdrm 3-level split "lL LEVEL, ROUGHED IN" - MLS® $212,000

Bedford County, Virginia - Absolutely the cleaness home in town, near the cul de sac, low traffic, this was custom built, HW floors, extra size carport, vinyl trim/brick on out side, Lots of cabs in kit and island. Storage building, Lower level is RI for bath, and studded. Tem used as Den, Laundry is open. Also has stamd up room in crawl space...

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Lot / Land For Sale in Gretna

2008-09-09T06:00:00Z

ONE GREAT TRACT OF LAND, POND APROX 1.AC

• lot / land "1/2 OPEN, 1/2 WOODED" - MLS® $79,900

Gretna, Pittsylvania County

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2 Story For Sale in Wyndhurst

2008-09-09T06:00:00Z

IMMMACULATE TOWNHOME, CLOSE TO Y

• 1,400 sq. ft. 2 story - MLS® $164,900 - REDUCED TO SELL

Wyndhurst, Lynchburg

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2 Story For Sale in Grit

2008-09-08T06:00:00Z

REM. HOME W/3.3 ACRE AND POND/BARN

• 1,200 sq. ft., 1 bath, 3 bdrm 2 story "NEW VINYL" - MLS® $108,500 - REDUCED, GREAT BUY

Grit, Hurt

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Single Story For Sale in Kensington

2008-09-08T06:00:00Z

• single story - MLS®

Kensington, Forest - VIEWS, VIEWS, VIEWS OF THE BLUE RIDGE, What a awesome home, open easy flowing floor plan, 3 Family/Dens, Spacy Kit/w Island, brkf area, Form Dining/living, 2 C Gar, and carport under decking !! Screened Porch, main L Master, Whirlpool, 2 Laund..

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Bi-Level For Sale in Ramp Rd

2008-05-27T06:00:00Z

3 CAR GARAGES !!!!

• 1,535 sq. ft., 2 bath, 3 bdrm bi-level "very clean" - MLS® $134,500 - A BEST BUY !!!

Ramp Rd, Hurt - ABEST BUY !!! VERY NICE CLEAN HOME, OFFERING FP, HW FLOORS, LOTS OF CABS IN THE KITCHEN, A SMALL SUN ROOM- 90% COMPLETE, 3 GARAGES, CLOSE TO SHOPPING, CHURCHES, SCHOOLS, HAVE IT ALL !!!

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