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Hampton Roads / Virginia Beach Foreclosures 50% off? No.

Since the housing bubble burst back in the mid-2,000′s, bank-owned property (“foreclosures”, “REOs”, etc..) have been very popular with all home-buyers looking to score a great deal. The reality of our Virginia Beach / Hampton Roads real estate market may be a bit different than what you may think.

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Continued Gains In Hampton Roads Hint That Recovery Could Be Near

The Real Estate Information Network (REIN) posted their latest report showing positive signs in the Hampton Roads Real Estate market. We’re seeing more sales than last year, the inventory is dwindling down, and in some areas there is a shortage of homes available.

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NEW! Search Virginia Beach MLS Listings In Your School District

We just added two new sections of our website that’ll allow you to search all Virginia Beach Property listings in the local Hampton Roads / Virginia Beach MLS in your preferred school district. Check out the links here:

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UPDATED: Spotlight – Luxury Virginia Beach Foreclosures

Today’s property spotlight focuses on Virginia Beach Luxury Foreclosures. Right now there are only 2 Bank-Owned Foreclosures over $750,000 in Virginia Beach…check ‘em out here:

More Statistics – Norfolk | Chesapeake | Virginia Beach Real Estate For Sale

I just finished with a report that we distribute our Brian Duncan Group Buyer Agents. We call it the “Vital Statistics” report because it gives us market stats for the price range and market that we deal in most – currently a price range of $175,000 to $450,000, and concentrated in Virginia Beach, Norfolk, and Chesapeake. More info here:

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