Shannon Allen Realtor

Real Estate in Norfolk & Virginia Beach VA

National Home Prices Remain at a 7-year High

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shannon allen norfolk va realtorNorfolk, VA – Spring home sales were at a reported 7-year high nationally, and our local Norfolk VA market continues to remain steady as we move into the summer months. The latest numbers from Case-Shiller indicate that national average home prices are up by approximately 12% and are back to the prices in early 2004.

In our local Norfolk VA market, homes continue to go under contract faster than in previous years. Also, important to note, pending sales are making it to closing with less underwriting and appraisal challenges.

This is great news for sellers, but buyers are starting to feel the urgency that was experienced in the mid-2000’s, when homes had shorter market days and went under contract in record time.

We continue to enjoy a strong real estate market in Norfolk, VA. There is a solid supply of inventory; however, we are seeing homes constantly going under contract, which means buyers have to move faster than in previous years,” says Shannon Allen, a Norfolk VA Realtor, since 2004.

For more information about Norfolk VA real estate, contact Shannon Allen, Realtor, at 757-647-3126 or shannon@shannonsellsoceanview.com

 

Shannon Allen 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.

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