Newport News, VA - According to York County real estate agent Erin Melton with The Melton Team at RE/MAX Peninsula, potential Newport News Real Estate buyers may be wise to take advantage of historically low interest rates by purchasing a home now.

With rates at record lows, she says she's seen 30 year fixed rates as low as 4% recently. She says this could mean payments of only $1145 for a $300,000 home financed conventionally. Melton says the 15 year fixed rate is even lower, coming in at 3.25% in some cases.

"There's no question that this is a period of exceptionally low rates. Most mortgage professionals agree there is only one way for rates to go, and that is up."

She says that those who are able to purchase a home in today's market are likely to reap the double benefit of buying at historically low prices on York County real estate and low interest rates. As a result, she's seen an increase in the number investors looking for York County homes such asWilliamsburg real estate and other nearby towns.

Aside from the low interest rates and prices, there also may be tax benefits from buying a home, but she recommends that individuals contact their tax advisors to learn more about different tax strategies.

"No matter how I look at this real estate market, I see opportunities."

For more information, please contact:

Erin Melton, REALTOR®
The Melton Team with RE/MAX Peninsula
825 Diligence Drive, #126
Newport News, VA 23606
Cell: 757-784-1358
Fax: 866-737-9752
Email: meltonteam@gmail.com
Web: http://TideHomes.com

Newport News, VA - Newport News REALTOR Erin Melton launched a new local website that she says provides much more accurate York County VA real estate searches than the big national real estate websites. While several big real estate website brands get the most attention initially from prospective home buyers, Melton says they quickly find out that the information is less than timely.

"Over and over, clients come to me with a list of properties from one of the big name websites, and more often than not, the listing is stale. Someone else got to it first."

She says the best way to get fresh listings for York County homes, whether that's Newport News real estate or Yorktown VA waterfront homes, is to use a local website like http://tidehomes.com that gets its data directly from the MLS.

"Our information is updated daily with new information. If prices change or the listing status changes, we get that information pushed to our site quickly so buyers don't waste time chasing old listings."

Melton is excited about the new website's ability to provide an easy user experience for home shoppers.

"Users can get a free account in seconds so they can save searches, create a short-lists of homes to share with a spouse, or get free email updates when new listings come on the market matching their search results."

"The best part is that buyers are getting actionable information, not stale data."

For more information, please contact:

Erin Melton, REALTOR®
The Melton Team with RE/MAX Peninsula
825 Diligence Drive, #126
Newport News, VA 23606
Cell: 757-784-1358
Fax: 866-737-9752
Email: meltonteam@gmail.com
Web: http://TideHomes.com