Realty Times - Chesapeake, Virginia Real Estate Market Conditions

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CONDITIONS™

By Local Real Estate Experts

These agents are in the field every day. Who knows the local housing market better than the people who work it on a regular basis? Click on the "MORE" link after each summary to find out more about each agent and their opinion of the Real Estate market for this community. Agents, click here to share your opinions of this market.

Top > Virginia > Chesapeake

Market Conditions Summary for Chesapeake, Virginia

Reported by

Cindy Pilkerton
as of 10/19/2009:

Good deals abound, but many are foreclosures or short sales. Most are in as-is condition, meaning the seller will make no repairs. These are more complicated transactions requiring an experienced agent. While more difficult, getting the right home... MORE->
About Cindy Pilkerton

Reported by

Wilma Clay
as of 10/15/2009:

The buyer in Hampton Roads (Virginia Beach, Norfolk, Chesapeake, Portsmouth, Suffolk, Newport News, and Hampton) is like a kid in a candy store because we have healthy inventories. Factor in the lower interest rates and you will have increased your... MORE->
About Wilma Clay

Reported by

Carlos Cardo Associate Broker
as of 9/25/2009:

Best buyer's market in quite some time and sellers are assisting with closing costs! First time Home Buyers can use the $8,000 Tax Credit to purchase their home now (Click my website for more information)! - TAKE ADVANTAGE (OFFER EXPIRES... MORE->
About Carlos Cardo Associate Broker

Reported by

Catherine Kowalsky
as of 8/17/2009:

It is a terrific buyers market right now. Interest rates are good, plenty of houses to choose from, and sellers are assisting with closing cost. If your thinking of buying a home, now is the time. Now is the time to buy. I am an Accredited Buyer's... MORE->
About Catherine Kowalsky

Reported by

Randy Schonk, Associate Broker
as of 7/15/2009:

This area in the southern part of Hampton Roads is also growing quickly as local residents and new families relocating to the area, that desire more open space, are moving into Chesapeake. We have more inventory now and that is helping the home... MORE->
About Randy Schonk, Associate Broker

Average Current Market Rating: 1.4 (5 ratings)

1	2	3	4	5
Buyer's Market			Seller's Market

Average Current Price Trend: 2.2 (5 ratings)

1	2	3	4	5
Falling			Rising

Navigate: Top > Virginia > Chesapeake

Note: A strong Buyer's Market does not necessarily mean that it is not a good time to sell your home. Likewise, a strong Seller's Market does not necessarily mean it is a bad time to buy a home. We suggest contacting one of the Real Estate Professionals on this page for advice.

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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