2019 Year in Review and 2020 Predictions

Happy New Year! We hope that each of you enjoyed the holiday season and wish you the best in the new year. This email will be a little longer than normal since we are going to go over the past market and what that may mean in 2020. We have included several charts from...

read more

Selling Homes and Setting Records

The numbers from Real Estate Information Network (our local MLS) are in for last month and they show some large year over year swings.  As you can see on the chart below 30% more homes went under contract in September 2019 than in September 2018. Check out the...

read more

Market Summary

Selling Homes and Setting Records Selling a house for top dollar is always a team effort between the realtor and the seller and the work starts well before the listing hits the market.  Recently, we worked with a seller that wanted to sell but was not quite ready to...

read more

Want to See Something That Will Make Sellers Smile?

If we were going to make up statistics about our local real estate market that would make a seller happy, they would look something like this: We didn't make these numbers up! They are the actual numbers from the Real Estate Information Network (our local MLS).  The...

read more

Who Can Handle Heat and Trivia Question

Who Can Handle Heat and Trivia Question Summer is here, both literally and figuratively in the real estate market.  It is sunny and hot outside and our local sales market continues to heat back up as well.  Based upon statistics from the Real Estate Information...

read more

Is the Trend at an End?

Over the last couple of updates we have been writing about the months of supply (total number of homes listed for sale divided by the number of homes that go under contract that month) decreasing and the number of homes selling each month increasing.  Both of these...

read more

Rainy Weather But A Sunny Housing Market!

The ten day forecast is showing that we are in for a lot more rain.  While we can't make the clouds go away, we can report a bright and sunny outlook for the housing market.   Statics from the Real Estate Information Network (our local MLS) showed that of all of the...

read more

Summertime and the Housing Market is Fine!

I love summertime. The days are longer, kids are out of school, people seem to be happier overall, and houses are selling. Across Hampton Roads 9.36% more homes were sold in May 2018 than in May 2017, and even more impressive, the number of homes that went under...

read more

Hampton Roads is a Rising Market!

The Hampton Roads real estate sales statistics from April continue to show a rising market.  According to numbers from the Real Estate Information Network (our local MLS), 19.30% more homes went under contract (pending) in April 2018 than in April 2017.  This...

read more

In the News for Buyers and Sellers

April Update and win a gift card! Last month we were worried about sounding like a broken record.  This month, it is the same song, but a different tune. The recognizable part is the year over year numbers continue to swing towards a seller's market.  According to...

read more

Specializing in properties in South Hampton Roads, Virginia.