Blue Ridge Association of REALTORS® (BRAR) Market Statistics March 2020 In spite of coronavirus concerns, the overall number of new listings in March for the Blue Ridge Association of REALTORS® service area rose by 30.3%, which was just a slight decrease (2.2%) from the number of new listings taken in March 2019. There was an [...]
We are pleased that we have been featured in the Winchester Star! Our lovely office manager and Realtor®, Gail Farrace, was photographed hanging our annual Apple Blossom decorations despite the event being postponed due to coronavirus. We are determined to show our support and encouragement to the community. Colony Realty decided to honor the annual [...]
COLONY REALTY is Offering Virtual Services! With today's cutting edge technology and resources there's more ways than ever that you can tour real estate. Virtual Showings CLICK HERE to check out any of any of our listings or request a virtual showing via FaceTime, Skype, Instagram video call or Facebook video call (basically any way [...]
Blue Ridge Association of REALTORS® (BRAR) Market Statistics February 2020 Overall, the number of new listings in February for the Blue Ridge Association of REALTORS® service area rose by 12.5% from 2019, with closed sales showing an increase of 53%, and the number of listings under contract up by 32.2% over the same time last [...]
COLONY REALTY Agents Recognized The Blue Ridge Association of REALTORS® has announced the 2019 winners of its Annual Achievement Awards! Colony Realty is pleased to congratulate several of our top associates, who were honored this year. The BRAR Awards were established to recognize outstanding REALTOR® members of the Blue Ridge Association of REALTORS®, who have [...]
Blue Ridge Association of REALTORS® (BRAR) Market Statistics January 2020 Overall, the number of new listings in November for the Blue Ridge Association of REALTORS® service area rose by 40% from 2019, with closed sales showing an increase of 31.6% from 2019, and the number of listings under contract was up by 24.8%. The [...]
You finally found the home of your dreams and you decide to write an offer. Your real estate agent drafts the paperwork and tells you to remember your checkbook for the EMD. Don’t panic if you aren’t sure what that means, just ask your agent for clarification. An EMD, also called Earnest Money Deposit or [...]
Here are a few reasons why hiring a Colony agent can save you money, time, energy and unnecessary stress. NEGOTIATION SKILLS There are many factors up for discussion in a real estate transaction. As professional REALTORS®, we at Colony Realty have mastered the art of negotiating and will work to ensure that you maximize you [...]
Blue Ridge Association of REALTORS® (BRAR) Market Statistics December 2019 Overall, the number of new listings in December for the Blue Ridge Association of REALTORS® service area rose by 3.3% from 2018, with closed sales showing an increase of 12.7% from 2018, and the number of listings under contract was up by 2.1%. The median [...]
When evaluating commercial property, there are three basic approaches used to determine value: The Sales Comparison Method, the Income Approach and the Cost Approach. The Sales Comparison Method relies upon historical market data from similar properties that are currently listed or have recently sold. Since no two properties are identical, adjustments must be made for [...]