House Wize Real Estate


About HOUSEWIZE

We are a real estate brokerage company licensed by the Virginia Real Estate Board and operating in the Commonwealth of Virginia. Mr. Robert Couperthwaite, Realtor® is the Principal Broker and Business Manager of the concern. Originally licensed in 1992, he has over two decades of success in real estate sales, new home construction and land development.

Here's what Mr. Couperthwaite has to say about today's real estate:

Historically speaking, house prices have always been stable – under normal conditions houses increase in value 3-5 percent a year. But the last five years saw wildly fluctuating prices in real estate across the country. This ‘so-called’ Real Estate Bubble was fueled by demand for houses because of unbelievably low interest rates, relaxed mortgage lending rules (No-Money Down) and investors who fled the stock market in droves looking for quick profits in real estate. Real estate professionals knew that this market was unsustainable and the end would come. It has. Those get-rich quick days are gone. If you didn’t cash in on the rise then you missed the boat.

Is that such a bad thing? Not really. Everyone needs a place to live. The market we have today is normal for real estate. Real estate is, and always will be, a reliable investment because, as the saying goes, 'God ain’t making anymore land'.

· Expect a lull in the real estate market for the next six months. This readjusting period will sort out the Get-Rich-Quick investors. If you are looking to buy a house keep your eye on the foreclosure market. Those ‘No-Money Down’ house loans are going to wreck havoc with lenders as buyers just walk away from their ‘dream’ homes.

· If you are going to sell your house in the near future expect on marketing your property for 4-6 months. Buyers now have the leisure of taking their time as opposed to the market of the past five years where houses sold in 1 day and buyers were outbidding one another to purchase.

I can help you make sense of the real estate market. I have owned property since 1975. In those 32 years, I have seen interest rates as low as 4% and as high as 18%. I have seen house prices consistently rise despite recessions like the white-collar recession of 1989 when houses sold at unbelievably low prices because laid-off executives were scrambling to find new jobs.

Real estate is a great vehicle to move forward into the future.
I can help you find your ‘dream’ home, your favorite neighborhood, a lot for that longed-for log cabin or even an apartment building.

I’m Robert Couperthwaite, Principal Broker/Realtor®

I Sell Real Estate!"

 








Fair Housing Statement: Robert C. Couperthwaite, Realtor® & Robert C. Couperthwaite Real Estate fully support the principles of the Fair Housing Act (Title VIII) of the Civil Rights Act of 1968, as amended, which generally prohibits discrimination in the sale, rental, and financing of dwellings, and in other housing-related transactions, based on race, color, national origin, religion, sex, familial status (including children under the age of 18 living with parents of legal custodians, pregnant women, and people securing custody of children under the age of 18), and handicap (disability). Virginia Fair Housing Law makes it illegal to discriminate in residential housing on the basis of race, color, religion, national origin, sex, elderliness, familial status and disability. "We Pledge to provide our housing services without discrimination."