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| Hampton Roads Real Estate | Rising Interest Rates? Over the last couple of weeks, interest rates have began to creep up slowly from the low historic mortgage rate of 4.5% to roughly 5%. Rates have been at or around all time historic lows for the last couple of years, and many economic gurus are saying that’s all over with.
Over the last year, with [...] Making your IRA work for you! One of the least known methods for getting some of the necessary funds to put down on an investment property is a self directed IRA. It has been available for use since 1974, and is an excellent way to come up with the capital to get some of these bargains available.
With most bank owned or [...] Hampton Roads Foreclsoure Market 1st Quarter 2009
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Foreclosureshave become more and more prevalent across the country, including right at home here in Hampton Roads, Virginia. In the first three months of 2008, foreclosed homes were about 4.17% of all residential sales. Short Sales, REO’s, and bank owned properties were accounted for in that analysis.
In 2009, for the same quarter as 2008, foreclosures [...] Foreclosure & REO Sales Dominate the Market All across the country, we are experiencing an overload of bank owned and foreclosed homes on the market for sale. With that saturation of listings for sale in an already slower market, it makes it harder to sell a home. It also gives great benefit to buyers looking for great deals, as usually they are [...] Hampton Roads Investment Property Financing Many investor clients of mine have inquired about obtaining financing for investment property amidst the financing turmoil that we’ve been experiencing for the last year. Many investors have had to become very creative in getting the financing they need to continue making money in a down market.
There are so many fantastic dealsout there currently, the [...] Hampton Roads Real Estate & Short Sales With Short Sales becoming more and more prevalent in our marketplace and around the country, I want to discuss the ins and outs of these types of properties so buyers and sellers will have a better understanding of what they are facing.
Short sales essentially are pre foreclosure deals. Rather than letting the property go into [...] Virginia Beach Real Estate 5846 Pickering St. Yet another price reduction to make this home sell fast. Currently priced at 119k, this home is priced about 40k below market value. Property is in excellent condition and ready for new home owner to move in. Excellent water views from the master bedroom and sits on the lake. To get more info on this [...] Virginia Beach Real Estate 1220 Ginger Cres. Another price reduction! This is a huge home in Virginia Beach with almost 2400 sq/ft. 4 beds, 2.5 baths, 2 car garage and priced to sell. Reduced price from $299k to $269k. Does need some TLC, but priced right for this size of home. To get more info on this listing, or any of my [...]
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Portsmouth Real Estate Price Reduction 420 County St. I am excited to announce that we have just reduced price on an excellent investment property in Olde Towne Portsmouth on 420 County St from $269,900 to $199,900. That is a huge reduction in price and is priced for a very quick sale. To get more info on this listing, or any of my current listings, please [...] Virginia Beach Real Estate 5846 Pickering St. Townhome for Sale This is another excellent opportunity to purchase this townhome well below market value. It sits on the lake and has excellent water views and is in great condition. Featured 3 bedrooms, 2.5 baths and has 1512 sq/ft. Marble tiled kitchen, central heat and air, and very centrally located in Virginia Beach. For more information on [...] |
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| Real Estate Topics | How to Engage an Expired Listing If you’re a listing Agent, the two biggest questions you face are: Who do I call? and Where can I obtain Seller information? If you’re working to convert expired listings, the answers are right at your fingertips. Hot Market: Lone Texas City Beats Odds in Economic Growth A Brookings Institute report pointed out McAllen, Texas as “the only major city in the country that saw growth in employment and output during the first quarter of 2009,” as reported in The Monitor, the Rio Grande Valley’s main newspaper and online news service. Investor Report: FHA Reverse Purchasing tba Can Trees Help Sell Your Home? The population of the U.S. nearly doubled from 1950 to 2000 but with that growth our water demands more than tripled, according to the Environmental Protection Agency. The government predicts that there will be water shortages in 36 states by the year 2013. That’s disappointing news to homeowners who love their green lawns and think that they add value to their homes. The good news is that a yard can still look attractive and yet use less water to maintain its beauty. |
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Hampton Roads Real Estate
Hampton Roads is both a body of water and the region of land areas which encompass it in southeastern Virginia. Hampton Roads is well known for its year-round ice-free harbor, for United States Navy, Air Force, NASA, Marine, and Army facilities, shipyards, coal piers, and hundreds of miles of waterfront property and beaches, all of which contribute to the diversity and stability of the Hampton Roads economy.
The water area locally known as the Harbor, or Hampton Roads is one of the world's largest natural harbors, and includes the mouths of the Elizabeth River and James River with other smaller rivers and empties into the Chesapeake Bay near its mouth leading to the Atlantic Ocean.
The area is enriched in 400 years of American history, and hundreds of historical sites and attractions that draw visitors from around the world each year. Hampton Roads has a population of about 1.7 million, the 33rd-largest metropolitan area in the United States.
Hampton Roads has a lot to offer anyone looking to reside here. With a strong military precense, stable economy, and many attractions, it's no wonder why so many people want to purchase a home here and settle down. Hampton Roads is centered right in the middle of the eastern coast. It's a mere 3 hrs driving distance to Washington D.C, 7 hours to Florida, and 7 hours to New York.

Are you looking to purchase Hampton Roads real estate?
Hampton Roads has homes that can suit any taste. Our home pricing here is very moderate compared to other areas in the country and for what this area has to offer. We have some of the most competitive school districts in the country, great beaches, nightlife and recreation, and parks and attractions. Visit my site to search for homes and to get some great resources on Hampton Roads Real Estate.
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