Do you realize 2006 was so long ago that the iPhone wasn't even introduced?  That back in 2006 Lee had only had his real estate license for four years, but like now, the local real estate market was on fire.  Take a look at this month's chart showing how...

Some buyers are starting to feel that finding a house for sale is beginning to approach a needle in the haystack level of difficulty in this market.  Multiple offers are very common, especially for houses under $300,000, and it isn't unusual for a home to sell within...

We have all been overwhelmed by numbers in 2020.  The stock market went up, then way down, and now back up again.  COVID cases were going up, then down, and now are on the rise again.  The local real estate market also has had its share of fluctuations, but thankfully...

Last month we wrote about the effects of COVID-19 and lower number of homes for sale across Hampton Roads.  You can read it by clicking this link: https://callcrossrealty.com/2020/05/01/lee-and-harrys-real-estate-update/ The decline in active listings has...

In the over 65 years that Cross Realty has operated under the leadership of my grandfather, and now myself and my father; we have encountered many situations that have impacted our local real estate market in interesting ways. In uncertain times, we have been able to...

We are going in a different direction with this month's update.  We have put the summary chart at the bottom of this email, and if we had written this two weeks ago our theme would have been that prices seem to be going up and that inventory is tight. ...

We hope you are warm and enjoying what is left of the snow.  Lee was greeted at home Thursday by some very excited girls armed with snowballs!   Lots of fun was had by all, and the day ended with hot chocolate. Sellers are also having some fun in this...

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...

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...

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...