Episodes
Friday Jun 30, 2023
Friday Jun 30, 2023
We have been saying for weeks that there were far, few, and in between a low number of homes for sale in our Hampton Roads real estate market. Even the media has been steadfast in saying that home sales are WAAY down to the previous year's numbers. The numbers spell out one story but agents across Hampton Roads see it so vastly different and in today's market recap on the Moving To Norfolk Podcast we discuss the latest news release that now depicts that there is a low inventory of homes available for sale in the Virginia Beach market, we discuss why this may be and how it actually can spill over into the rental market across Hampton Roads. We also provide you with our weekly insight on what is moving and shaking in our local real estate market as we have seen an increase of 3% across the board in average sold, average sold, and average price per square foot in Hampton Roads. So whether you live in Virginia Beach, Norfolk, Chesapeake, Suffolk, Portsmouth, Hampton, or Newport News this podcast has you covered.
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00:00 Intro
01:04 Low Number of Homes For Sale in Virginia Beach
13:00 Hampton Roads Market Update 6.29.2023
13:43 New Listings Down This Week Throughout Hampton Roads
15:12 Pending / Sold Transactions Rise Again in Hampton Roads
18:14 Multi-Family New Listings Increase in Hampton Roads
19:42 Stats To Know This Week in Hampton Roads
25:14 Outro
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LINKS:
Low Number of Homes For Sale In Virginia Beach Article: https://www.wavy.com/video/low-number-of-homes-for-sale-in-virginia-beach/
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📨 Email: craig@atcoastal.com
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