Tuesday, October 28, 2008

Hampton Roads Foreclosed Properties increase!

Hampton Roads had been lucky so far with a steady flow of sales the foreclosure crisis was not often thought about in this part of Southern, VA. Now Foreclosures in Hampton Roads are on the rise and now a sizeable portion of our Multiple Listing Service MLS inventory. According to the Pilot Online and RealtyTrac-"The number of foreclosure-related notices in Hampton Roads was 922 in September, up 48 percent from August and nearly 352 percent from year-ago levels, according to RealtyTrac, an online foreclosure-monitoring service based in Irvine, Calif". So what does this mean for buyers in Hampton Roads? THERE ARE GREAT HOME BUYING DEALS. The saying buy low and sell high applies. For investors and buyers the time is now. Real Estate cycles and this is that time in the cycle when prices are low. Regular homes for sale by sellers and bank repos can are being discounted thousands and can often be negotiated down even further. Combine this with great interest rates and this is a great buyers market. I can help you find these properties and negotiate a great deal. To search for properties for sale in Hampton Roads Cities which include Virginia Beach, Norfolk, Chesapeake, Portsmouth, Suffolk, Hampton, and Newport News visit http://DJonesSellsHomes.com or contact me today!


Dee Dee Jones


Wainwright Real Estate


HamptonRoadsRealEstateLady.com


ddjones35@gmail.com



No comments: