Jimmy Shing, Realtor

Jimmy Shing, Realtor With a background in statistics and economics, I provide an analytical approach to realty: guaranteed

Been busy the last two months 😎Looking to buy, sell, or rent? Give me a DM and see for yourself why clients choose me
05/04/2026

Been busy the last two months 😎
Looking to buy, sell, or rent? Give me a DM and see for yourself why clients choose me

My buyers wanted:1) At least 3 acres2) Large barn + allowed to have their own horses on the property3) No HOA, move-in r...
09/04/2025

My buyers wanted:

1) At least 3 acres
2) Large barn + allowed to have their own horses on the property
3) No HOA, move-in ready

Oh, and also negotiated $15k off the sale price + additional $8k the seller is paying for my clients in closing costs = $23k total in savings == an even happier buyer

Gorgeous like new townhouse with over $21k in upgrades in its short 6.5 years of year built Interested? Send me a text o...
06/30/2025

Gorgeous like new townhouse with over $21k in upgrades in its short 6.5 years of year built

Interested? Send me a text or call

Here's an insider's tip: realtors are always told to say = "NOW IS ALWAYS A GOOD TIME TO BUY" But here's the thing: now ...
06/11/2025

Here's an insider's tip: realtors are always told to say = "NOW IS ALWAYS A GOOD TIME TO BUY"

But here's the thing: now IS a really good time to buy... here's why

1) Redfin Data: As of April, there are over 500,000 more sellers than homebuyers, with this gap expect to grow
2) National Association of Realtors Data: There has been a national price decrease of 0.9% in the month of April, the first price decrease in years
3) Realtor.com Data (below) = housing supply is back at 1,000,000 listings, surpassing covid-era numbers

So... record increase in home listings/sellers, while buyers are not increasing at nearly the same rate = we are seeing some massive price cuts in listings currently as homes flood the market + a serious lack of buyers

Think about it this way: you can always re-finance / find a better mortgage later... but getting a serious price cut with the current market trends is something a buyer need to take advantage of NOW

Or as most mortgage lenders love to say= date the mortgage rate, marry the home price

4beds 2.5baths Colonial in Ashleigh Park (old plank road) in the Riverbend School district / less than a 2 min drive to ...
05/22/2025

4beds 2.5baths Colonial in Ashleigh Park (old plank road) in the Riverbend School district / less than a 2 min drive to Harrison Crossing / new Chancellor Crossing shopping centers + a plethora of upgrades!

Open house this Saturday and Sunday 12pm-3pm, come check out my listing!

10/03/2024

As someone who majored in econometrics and analyzes economic data for over 8+ years for my day job, while also selling real estate the last 3.5 years for my second job, I personally don't like the Harris/Walz's "Down-payment Toward Equity Act" proposal

Essentially, it's a proposal for up to 25k down payment grant (a grant, NOT a loan) for buying a home for qualified individuals in financial need for the purpose of "narrowing the racial wealth gap"

On the top of my head, I can think of 3 very likely potholes:

1) I personally think this will only increase the already infalted national home prices/ the increase will eat into a large chunk of this 25k grant / the real value will be diminished, while the broad market price increase will effect mostly every buyer in the market

2) Rates remain high, I feel like buyers with this grant will probably be more likely to be delinquent if they probably weren't financially strong enough to make the down payment in the first place/ weak enough to qualify for this grant in the first place. Like a pseudo 2008 sub-prime mortgage situation where you are qualifying folks that shouldn't be qualified for a mortgage in the first place. Is it really helping "narrow a racial wealth gap" where you are setting them up to a more likely mortgage default?

3) How exactly is the government gonna fund this giant grant program where it's estimated to cost over 100 billion? Alongside another X amount to set up the infrastructure/staff to oversee this program? Knowing most government programs' track record, it will most likely balloon way pass the 100 billion+ cost estimate

The real problem is that there is a ~4 million home shortage right now. Is giving low qualified buyers / raise the demand even more, while not doing similiar actions to boost the supply of homes, really the solution?

Law of supply and demand where you even further boost an already elevated demand while supply remains stagnant = the law says it's a disaster waiting to happen

And you thought home prices are bad enough? This program will probably further escalate that to the Nth degree

You know what's the real solution here? Increase supply while also decrease demand from BAD PLAYERS

-DECREASE DEMAND = start with penalizing bad corporate players who buy up a huge and growing chunk of real estate to hedge against risk for their portfolios / this will further increase supply availability for actual home buyers = not a collection of empty houses for investment funds
-INCREASE SUPPLY = do you know that in the home builders game, each region of America is largely domainted by 4-7 big builders who largely agree to play similiar rules / think of OPEC but for homes. It's a oligopoly where they intentionally limit production in order to benefit themselves and their other big builders in agreement. We need a real, serious talk in antitrust/ breaking this corporate greed / prioritize more competition with new incentives for new builders vs these giant big builders

But these solutions are hard. It's much easier just giving out literal free money(a grant) and remind them who gave it to them for the next election cycle

09/28/2024

1. Massachusetts: $2,819
2. Hawaii: $2,677
3. New York: $2,722
4. California: $2,555
5. New Jersey: $2,267
6. Rhode Island: $2,084
7. Vermont: $2,107
8. New Hampshire: $2,070
9. Washington: $2,028
10. Virginia: $1,956

Virginia has made it to the top 10 most expensive average rent in the country 🫠

If this trend continues, the average rent of Virginia will beat Washington state by 2025

Can anyone fancy a guess in which region of Virginia influenced the average rent prices the most?

Congrats to my clients! As mortgage rates decrease, market activity is definitely picking upContact me today: you will b...
09/04/2024

Congrats to my clients!

As mortgage rates decrease, market activity is definitely picking up

Contact me today: you will be surprised what you qualify for + want to beat the crowd before everyone knows about the mortgage rate decreases

Congrats to my buyers on ratifying on this beauty of a home!
06/11/2024

Congrats to my buyers on ratifying on this beauty of a home!

Check out this amazing property my friend has just listed!
06/06/2024

Check out this amazing property my friend has just listed!

(bridgeMLS, Bay East AOR, or Contra Costa AOR) For Sale: 3 beds, 3 baths βˆ™ 1967 sq. ft. βˆ™ 501 Hamilton St, San Francisco, CA 94134 βˆ™ $1,080,000 βˆ™ MLS # 41062192 βˆ™ 501 Hamilton Street, San Francisco, offers approximately 1,967 sq. ft. of living s...

Super excited for my clients! Glad to give them the amazing results they expect from me.
06/04/2024

Super excited for my clients! Glad to give them the amazing results they expect from me.

Address

3920 Plank Road, Suite 120
Fredericksburg, VA
22407

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