I update the listings every couple of weeks and noticed a surge in listings for homes on the market under $150k. Check out the full list here....

Cheapest Homes in Hampton Roads

Jeff Nelson
The Real Estate Group
757-749-1616 ... << MORE >>

Kempsville in Virginia Beach, Va. is a highly sought out area, especially for those looking to buy a home up to $250,000. Click the link below which will tell you more.....

Information for Kempsville and Homes for sale in Kempsville, Virginia Beach

Jeff Nelson
The Real Estate Group
757-749-1616
Virginia Beach Real Estate ... << MORE >>

Hi everyone!!  It's really been interesting over the past few months to read some of the responses I've been getting to my comments on the market here in Hampton Roads. Some seem to think that the market will continue on a downward spiral for another 50% decrease. Well, really since last summer, home prices began to level off and deep discounts were becoming a thing of the past.

This fact is becoming more prevelant everyday. I update my main site at Hampton Roads Real Estate on a continual basis. At ... << MORE >>

2104 Lynnhaven Circle Virginia Beach, Va.  $525k

Build your dream with deep water in front and back of your home!  Just minutes boat ride to the bay.

View flyer here...   or contact me

Jeff Nelson
The Real Estate Group
757-749-1616
Homes for Sale in Virginia Beach

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909 Robert Welch Ct. Chesapeake, Va. 23320  $399,900

WONDERFUL FLOOR PLAN WITH GREAT VALUE. FEATURES INCLUDE BRICK FRONT, GENERATOR, HIGH TECH WIRING, JETTED TUB, 2 ZONE HEATING AND AIR SYSTEM & SECURITY SYSTEM.

Jeff Nelson
The Real Estate Group
757-749-1616

Click here for the full listing and more pics....http://www.hrmls.com/jeffnelson/0928405

        

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Hello everyone,

We agents have been seeing this for a few months.  As home prices have fallen consistently over the past 2 years, we have finally come to a leveling off of discounts for your next purchase.  If you think about, there's only so far that sellers (even banks) can go.  There has to be some point when prices can't go any further.  The figures below are stats pulled from REIN, our MLS company:

Active listings have significantly declined from 15,300 (June 08) to 14,284 (June 09).

Pending sales have increases sharply 27.7% as compared to June 08.

Closed sales increased by 7% during the ...<< MORE >>

Did you read the paper a few days ago?  Home prices are actually going up.  I've been beating this drum for 2 months now and buyers really need to get on the wagon.  I started seeing home prices leveling off actually around January but now is the perfect time without question to begin your search for that new home.  Don't hesitate to contact me.  I can send you a complete list of homes that match your search criteria or even create a saved search that will automatically send you the new listings as they come on the market right to ...<< MORE >>

Where else are you going to find a detached home in Chesapeake, built in 2001, under $230k, and looks fantastic?  Please click the link below to view the full listing. 

http://www.hrmls.com/jeffnelson/0905862



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Unsure about what to do when purchasing a home?  Even seasoned home buyers are uncomfortable with the whole process.  Here's a guide to help you out:

How much can you afford?  Many people are actually qualified for more than they want to pay for a mortgage.  Just make sure to not over leverage yourself.  Be realistic and stick to your plan.  In the Hampton Roads real estate market home prices have fallen about 25% and buyers have the ability to purchase a home today that they couldn't come close to afford 2 years ago.

Contact a lender.  Most sellers ...<< MORE >>

Wythe is one of the most historic neighborhoods in Hampton, Va. that continues to draw buyers on a continual basis.  You can expect to find homes in all price ranges here but there is definitely a sense of pride that comes with the community.  If you are considering purchasing a home in Hampton, you should definitely consider Wythe as an option.  Of all the homes for sale in Hampton, Va., Wythe is probably at the top of the list for character and pride of ownership.  Here are the facts and figures for the last 90 days:

58 current << MORE >>