Breaking News – Virginia Beach and Hampton Roads Dec Homes Inventory Drops
A good sign that the Virginia Beach and Hampton Roads Real Estate market "may" be improving is the solid increase in settled sales and the drop in active listings for sale. Distressed sales (foreclosures and short sales) in Virginia Beach and Hampton Roads continue to "bring down" the real estate market. The good news - the months’ supply of inventory dropped to 7.3 months, the lowest reading since REIN began measuring in 2008. This is a change from my market updated...Continue Reading!
Why You Know More About Virginia Beach and Hampton Roads Real Estate Than You Think
Guess what? New construction real estate home permits down - You must be surprised at this? Every day we seem to hear some sort of news on the real estate market. One day it is great news about resales being up, new construction permits, foreclosures, etc., the next day doom and gloom. Some important thoughts: 1. People are saving money right now and hunkering down. Responsible is the "in thing" again. 2. Most markets are experiencing an up tick in...Continue Reading!
House Votes to Extend $8000 Tax Credit for Active Duty Military Purchasing Real Estate
With a large military population in Virginia Beach and Hampton Roads, the following information may be helpful to unable to take advantage of previous incentives and those considering purchasing Virginia Beach or Hampton Roads real estate in the future. The House of Representatives voted to extend the $8,000 first-time home buyer tax credit to active military personnel, Foreign Service, and intelligence officers. This extension for this specific group is until November 30th, 2010. The Senate is expected to pass the bill with...Continue Reading!
99 Reasons Why to Live in Virginia Beach and Own Real Estate Reasons 31-39
Image via Wikipedia Hey, Uncle Sam is giving your money to buy real estate in Virginia Beach (first time homebuyers $8000.00 tax credit) and plus you get to live in a great place!! Whether dentists, doctors, surfing, sports, hiking, the military, or you name it, Virginia Beach is a great place Reasons 1-10 here Reasons 11-20 here Reasons 21-30 here (more...)Continue Reading!
Welcome to the New Virginia Beach, Chesapeake, and Hampton Roads, Real Estate Blog
You have come to right place!! Here you can find important information for all real estate topics in Virginia Beach, Chesapeake, Norfolk, Suffolk, and Hampton Roads including: · Buyer Tips o 8 Real Estate Buying Tips in Virginia Beach, VA Be an educated consumer and home buyer. o Your Wants and Needs When Buying a Home in Virginia Beach, Norfolk, Suffolk, Chesapeake & Hampton Roads Real Estate by the Numbers Yes, I want it, but do I really need it right now? Can we...Continue Reading!
Real Estate Thermography In Virginia Beach, Chesapeake, and Hampton Roads
What is Thermography and how does it relate to real estate, homes, or condos whether in Virginia Beach, Chesapeake, Hampton Roads, or elsewhere? This thermographic technology has been mostly seen in military and police applications. Now it has expanded to the building and real estate diagnostics/inspections. Thermography technology in real estate is the use of a camera and tools used by the thermographer to view light and temperature changes which are invisible to the naked eye. Just think about real estate uses: Insulation levels...Continue Reading!
Why You Should Beware of Bank Owned Properties – Virginia Beach Real Estate
if you are considering buying real estate in Virginia Beach, Chesapeake, or Hampton Roads, VA you might rethink bank owned properties. We are all suffering because of the lender’s no doc, no pay, no nothing required sub-prime and other mortgage loans. Now read about bank owned properties and how they want you to accept their crap real estate in Virginia Beach and Hampton Roads and you absorb all the risk. I was recently working with a client who was interested in...Continue Reading!
Virginia Beach, Norfolk, Chesapeake, Suffolk, and Hampton Roads VA, Real Estate Foreclosures and Delinquency Status
How does Virginia Beach and Hampton Roads real estate delinquencies and foreclosures compare with the rest of the United States? With the continued reporting of bad news on the real estate market sellers and investors wonder what the future holds. In Virginia Beach and Hampton Roads we are blessed with a transitory and growing population, military and civilian. Also, our real estate buyers for the most part come to the table with good credit and pre approvals from lenders. The Virginia Pilot Newspaper reported today...Continue Reading!
Financing a Virginia Beach-Chesapeake-Norfolk-Suffolk Home Part 2 Real Estate By the Numbers
With today's credit crisis and financial woes, getting a mortgage for your home, condo, or oceanfront property in Virginia Beach, Norfolk, Suffolk, Chesapeake, or Hampton Roads can be a complicated real estate process. Below we continue our previous discussion on financing and continue with the mortgage aspect of “Real Estate by the Numbers". What is your home lender trying to find out from you? Do you have numerous questions for your mortgage professional? Our last article discussed financing (Part 1) and the...Continue Reading!
Virginia Beach, Chesapeake, Norfolk, Suffolk, and Hampton Roads Military and Real Estate Relocation Guide
Virginia Beach, Chesapeake, Norfolk, Suffolk, and Hampton Roads Real Estate Military Relocation Guide Military Relocation, Buying a Home or Condo and More So you just found out you’re relocating to one of great military installations in Hampton Roads. Maybe it is Virginia Beach, Norfolk, or the peninsula where Langley AFB and Ft. Eusis are located. Below you will find links to most of the bases in the area. Norfolk Naval Station NAS Oceana (Virginia Beach) Naval Medical Center...Continue Reading!
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