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January 9, 2009
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  CONDITIONS™
By Local Real Estate Experts  



Market Conditions for Suffolk, Virginia

Reported by Carlos Cardo Associate Broker, REALTORŪ, CRS, GRI, ABR, RCC, CNHS, e-Pro

Updated November 15, 2008.

Current Market Rating: 1



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Buyer's

Seller's

Current Price Trend: 3




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Falling

Rising

There are currently 1,057 properties available and 62 homes have sold in the last 30 days. 29 of those under $250k-This is the fastest selling range! 24 more up to $400k, and 9 more above that in the city of Suffolk. Best buyer's market in quite some time and sellers are assisting with closing costs! $7,500 Tax CREDIT - TAKE ADVANTAGE of this great opportunity along with interest rates still around 6% and a huge supply of homes-wow! This means that you may be able to buy, move in with little or NO money and buyers are really starting to take advantage of that now!!! Veterans may even get some of their own debt paid by the seller! Call me now and LET'S GO! I'll help get Pre-Qualified now and then go house-hunting! This is the time for buyers take advantage of the inventory. I am an aggressive ABR REALTOR that will show you as many homes as possible. Sellers are now prepared to give some concessions. As an Accredited Buyer's Representative REALTOR I will lookout for their best interest and get them in front of homes quickly. Doing this will increase the buyer's ability to have their pick of home with a greater chance of ratifying the contract. Let me show you why buying a home now is a great time, especially if you are stepping up into a bigger home. In some cases sellers are offering thousands to buyers in closing costs or decorating allowances!!! Please check out my web site for more information!
Sellers- Is your REALTOR talking to you about "MARKETING STRATEGIES" and "CREATIVE FINANCIAL OPTIONS" that you can do for buyers! More and more homebuyers are looking on the internet first, it is the Number 1 place buyers and sellers look! So you need to ensure that your home is going to be FEATURED on Realtor.com and other internet sites.


Location Characteristics: Suffolk is undergoing many changes with a brand new Hilton Complex as well as new homes construction. This is an area that offers a lower home ownership cost than the more metro city of Virginia Beach and give you more of that small town feel, with a downtowncenter that is pleasant to walk. Some neighborhoods offer bigger accreage and or waterfront lots. It is also a major "Peanut" producing town.

For More Information:

View Market Conditions of other areas served by Carlos Cardo Associate Broker

Navigate: Top > Virginia > Suffolk

About Carlos Cardo Associate Broker:
To ensure you, my client, with the best services possible, I am a Certified Residential Specialist (CRS), Graduate REALTORŪ Institute (GRI), Certified New Homes Sales Professional CSP), an Accredited Buyer's Representative (ABR), Senior Real Estate Specialist (SRES), Certified New Homes Specialist (CNHS), Residential Construction Certified (RCC) and I continue to adapt to new technologies by being certified as an e-PRO (a Real Estate Internet Professional). I combine my education, experience and the Internet to provide the best service possible that works virtally around the clock for you. RE/MAX Alliance is located in the New Town Center Area of Virginia Beach, VA and cover the Hampton Roads area. I am also a member of the National Association of Hispanic Real Estate Professionals. My military background and relocation experience gives me a unique perspective, which allows me to identify with my client's various needs. I was raised in New York City, and joined the Marine Corps shortly after high school. During my time in the Corps I gained a wonderful family and we have made numerous relocations. These moves were from coast to coast for a total of 13 household moves. After honorably serving for over 21 years, I have made Virginia Beach my home and real estate my passion. I look forward to providing you and your family the best service available in the Real Estate field.


These reports reflect the views and opinions of their authors and are not necessarily the views and opinions of Realty Times.




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