The SBH Newsletter – August 2022 Edition

The SBH Newsletter – August 2022 Edition
August 29, 2022 sandbridgehouses

Buyers are purchasing at all price points!

It’s amazing another summer is coming to an end, they seem to take forever to get here and fly by when the season arrives. We have had some great family and friend gatherings on the beach and bay and I hope you and your families have as well. As I mentioned to my wife, Amy, these times never get old!

On the real estate front, it’s moving right along. The market seems to be adjusting to the new interest rates and continue to purchase homes and condos at all price points. Over the last 30 days, the range in sold prices was from $435,000-$3,145,000. See the links below for the details.

Activity for past 30 days is as follows:
Single Family Homes – 7 Sold and 1 Pending
Condos – 3 Sold and 1 Pending
Market Metrics – January 1, 2022 – August 25, 2022

Current rates courtesy of Liza Gibboney – Fairway Mortgage
NMLS# 243062 | Cell: 757-630-9604 | Office: 757-932-8497

30-Year Fixed VA Loan – 5.25
30-Year Conventional – 5.875
30-Year Non-Conforming Jumbo – 5.625
30-Year FHA – 5.875


The 42nd Annual Pig Pickin is right around the corner on September 10th from 1-5 pm. We have tickets here at the office, the cost is $50.00 per person, and children 11-18 are $25.00. If you are coming to town prior to the event, just call us and we will have the tickets ready for you to pick up. This is always a great event for the entire family and the biggest fundraiser of the year for the Sandbridge Volunteer Rescue Squad.

I hope to see you at the event!