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2009 and 2010 Real Estate market. What's the TREND Alison !

I can only really speak of the Hampton Roads market and Real Estate sales. With foreclosure in Virginia beach , Norfolk, and Chesapeake that I call on many are going undercontract.

I'm asked do you think the market will change and when ? I said many times over 2009 will be stable but I think 2010 will bring a balanced marked and maybe a bit of a upswing for the sellers. Well FANS its happening. Many of the homes I am calling are going under-contract. REO, short sales and Comp sales are getting offers. Now that does not mean sellers are not flexible and offering discounts or closing cost. It does mean that inventory is getting bought up. SUpply and Demand will kick in. I think many of the GREAT looking well kept homes will start to come off the market and what is left will have a flexible seller to adjust price and terms. If your in the market NOW is the time to buy RATES are Low and you could qualify for the 8 k credit.

Im currently working with The Rhyan Finch Team and RE/MAX First.  I see agents working 12 hours days its a great Real Estate Market. Just about everything I have is selling. It appears the price ranges under 300 are really picking up . I also think we will have a major upswing before the Fall. Im encouraging people to take advantage of the rebate if they close close to the end of the year they will be closer to the tax season and be able to use there 8k for renovation updates debt reduction . Don't miss this opportunity 

 


Alison Creamer, Realtor, ABR, CDPE
Direct 757.652.8880
Licensed to sell Real Estate in Virginia
Keller Williams Realty
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Sell Hampton Roads Homes

 

 

Comment balloon 1 commentAlison Creamer • May 25 2009 07:41AM
2009 and 2010 Real Estate market. What's the TREND Alison
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I can only really speak of the Hampton Roads market and Real Estate sales. With foreclosure in Virginia beach Norfolk, and Chesapeake that I call on many are going undercontract. I'm asked do you think the market will change and when I… more
Hope for the Military when haveing to sell HAP Program
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Im a few days behind in my reading of the local newspaper so this is old news Im sure. Military homeowners who must sell their home at a loss can get some help from the government. The DOD has about 555 Million for the HAP program. Families could… more