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...

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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...

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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...

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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...

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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...

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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...

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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...

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Tax Breaks for Homeowners

  Top Four Tax Breaks for Homeowners As tax time rolls around, it's good to know that some of your largest home-related expenses are often tax-deductible - which is great news! Here are the tax breaks you may be able to take advantage of as a homeowner. 1....

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In the News for Buyers and Sellers

Feeling and Selling Like Spring! We realize the calendar doesn't say April, but as we are writing this, the expected high is 76 degrees and the buyers are out looking as if it is peak season. There were 8,773 homes for sale in January according to the numbers from...

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Looking To Renovate?

Atlantic Bay Mortgage group is excited to announce a VA Renovation Loan.  This VA renovation loan may be the right loan option for qualified veterans looking to make home renovations. This loan allows active duty and retired service members to bundle renovation costs...

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