Norfolk, 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. Continue reading →
Norfolk, VA – If you are putting your house on the market for sale and have pets, it’s important to take the necessary steps to ensure the presences of your pet does not turn-off prospective buyers. Ideally, when you leave for a scheduled showing, it’s best to take your pet with you. When this is not possible, here are a few steps you can take to provide a pet-friendly showing. Continue reading →
Directly on the Chesapeake Bay and upgraded throughout, don’t miss this beautiful property in Nansemond on the Bay. A 5th-floor unit with over 1,100 square feet, this Ocean View condo features an open floorplan, 2 bedrooms, 2 baths, and direct access to a large balcony overlooking the Bay and beaches. Community amenities include a pool just off the beach, tennis courts, exercise room, library, media room, elevator, 24-hour security, and assigned parking. Continue reading →
Norfolk, VA – In today’s real estate market, homes must be move-in ready to garner the attention of buyers. If you’re serious about getting your home sold for the most amount of money in the least amount of time, you must work with your Realtor to stage your home.
Norfolk 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. Continue reading →
Norfolk VA – If you’re like many other home buyers wanting to take advantage of low-interest rates and are considering purchasing a home in Norfolk VA, be sure to take the necessary steps to increase your credit score before speaking with a lender.
Shannon Allen, Realtor with Judy Boone Realty in East Ocean View states, “It’s important for buyers to illustrate the highest possible credit score to ensure they qualify for the best mortgage rates and products available today”. Continue reading →
Norfolk, VA – When buying a home in Norfolk VA, you will be asked if you’d like to purchase tittle insurance. Title insurance protects you, the new owner, of any problems affecting the property’s title that may arise at a later date.
Shannon Allen, Realtor with Judy Boone, in Norfolk VA explains, “There are two types of title insurance. The first is an owner’s policy which protects the buyer, and the second is a lender’s policy, which covers the lender. Your lender will purchase a title insurance police to protect their interest of the loan, but it is up to you, as the buyer, to obtain an owner’s title insurance policy to protect your interest.” Continue reading →
Ocean View Norfolk, VA – Waterfront condo sales continue to rise in East Ocean View and Ocean View. Properties along The Chesapeake Bay are extremely popular with home buyers in Norfolk VA. Residents enjoy relaxing on the beach, listening to the surf, dining at local eateries, attending community events, and having front row seats to incredible sunrises and sunsets. Continue reading →