Realtor Drick's Real Estate Blog
Drick Ward's blog about all things real estate. Call Drick Ward, Broker Associate at Neptune Realty at 757-575-5156 for all of your real estate needs. Serving all 7 cities of Hampton Roads from Virginia Beach.
ARCHIVED BLOG POSTS
2011
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The Inventory of Foreclosure properties has stabilized in Southside Hampton Roads at about 8%. This means, that REO or Government Owned properties during any given week thus far this year has been roughly 8% of the available inventory on the market for that week. The percentage started the year...
08/16/2011
9410 Sturgis Street Norfolk, VA Click For Listing Website Click For Interactive e-Tour This spacious five bedroom is nestled in the Bayview Beach neighborhood, just five blocks to Oceanview Beach public access. Situated perfectly between Little Creek and Norfolk Naval Station, this cape cod is i...
08/12/2011
The foreclosure inventory for the week ended August 7th increased slightly in both REO and non-REO properties. The REO properties continue to represent a fraction of the overall inventory (about 8%), but there are many good deals available. There are still ample opportunities to get a great deal...
08/09/2011
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For the week ending July 31, there was a decline in inventory of both market value and distressed properties. Part of this change might be that it is the last day of a month and listings taken for long periods of time might end on the last day of a month.
08/07/2011
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Yet again, available inventory edged up slightly while REO listings shrunk continuing the trend that has been consistent in the Hampton Roads market throughout all of 2011. Although some of the REO properties may be selling faster than other properties, but all-in-all, the REO's still represent ...
08/03/2011
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