Shannon Allen Realtor

Real Estate in Norfolk & Virginia Beach VA

Recent Study Reveals that Now May Be the Time to Sell Your Norfolk VA Home


Shannon Allen Norfolk VA RealtorNorfolk VA – If you are thinking of buying or selling your Norfolk VA home, now may be the best time to enter the real estate market because baby-boomers are selling, and first-time home buyers are buying.

The opportunity for both buyers and sellers is optimal with the current supply and demand,” says Shannon Allen, Realtor with Judy Boone Realty, in Norfolk VA.

As first-time buyers see rental prices increase, they are taking advantage of low-interest rates and housing inventories.  At the same time, baby-boomers are putting their homes for sale on the real estate market. The timing to buy or sell a home could not be better. And the news gets even better; a recent study reports that the demand to purchase a home for people between the ages of 18-34 is greater than it has been in years. The study further indicates that the average annual income of first-time home buyers has risen to $50,000. These combined factors provide the perfect time for baby-boomers to sell, as the pool of qualified buyers is larger than in recent years.

For more information about buying or selling real estate in Norfolk VA, contact Shannon Allen, Realtor, at (757) 647-3126. 

Shannon Allen, Norfolk VA Realtor

Judy Boone Realty | 809 E Ocean View Ave | Norfolk VA

Cell 757-647-3126  |Office 757-587-2800

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Author: Shannon Allen Norfolk VA Realtor

If you’re considering buying or selling real estate along the beautiful Chesapeake Bay in Norfolk VA or Virginia Beach VA, you’ve come to the right place! Shannon Allen has been selling real estate in Norfolk VA since 2004 and is a great resource for both buyers and sellers. Whether you’re moving across town or across the globe, Shannon Allen understands the emotional and financial elements involved with any move, and she makes your purchase or sale both pleasant and worry-free with her professional experience and personal touch. When you buy or sell a home, condominium, townhouse, or investment property in Ocean View, East Ocean View, East Beach, or along the Chesapeake Bay in Norfolk and Virginia Beach VA with Shannon Allen, you get over 9 years of experience and the desire to assist you throughout the entire process. Shannon lives in Harbor Walk on Pretty Lake in East Ocean View, where she enjoys the wonderful amenities and lifestyle found only in Norfolk’s East Ocean View community.

2 thoughts on “Recent Study Reveals that Now May Be the Time to Sell Your Norfolk VA Home

  1. Pingback: Open House! Bayfront Condo with Incredible Chesapeake Bay Views | Ocean View Homes in Norfolk VA

  2. Pingback: National Home Prices Remain at a 7-year High | Ocean View Homes in Norfolk VA

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