August 15th, 2008Prices of Homes in Hampton Roads Drop 4.4%; National Decrease is 7.6%

I came across this article in the Virginian Pilot business section of the newspaper.  Although, this is still bad news, it does show however, our real estate market here in Hampton Roads, Virginia is stronger than most markets.  When selling your home the old fashion way, with an agent or for sale by owner, you may find it slightly harder to sell your home fast in Norfolk, VA or to sell your home fast in Virginia Beach, VA or to sell your home fast in Chesapeake, VA or to sell your home fast in Portsmouth, VA.

However, you can still sell your home fast to an investor.
Call us at 1-800-BUYER-HR – we are Hampton Roads #1 Home Buyer!

WASHINGTON| Median home prices fell in more than three-quarters of U.S. cities in the second quarter, according to new data Thursday.  Home sales rose in areas where the market is flooded with foreclosures, though.

Nevada and California, battered by a housing bust, were the only states to show sales gains in the second quarter compared with a year earlier, according to a report by the National Association of Realtors.  Sales were down 8.1% in Virginia from a year-ago quarter.  Nationally, sales fell by 16.3%.  The association said median prices for existing single-family homes dropped in 155 of 150 metropolitan areas in the April to June period.  In Hampton Roads, the media price was down 4.4% from a year ago, falling to $239,700.

Nationally, the median home price – the point where half the homes sold for more and half sold for less – fell to $206,500 in the second quarter, down by 7.6% from a year ago.

5 Responses

  1. Alex Gordon Says:

    Жаль, что сейчас не могу высказаться – опаздываю на встречу. Но вернусь – обязательно напишу что я думаю по этому вопросу….

    Менеджер However, you still can sell your home fast to an investor…..

  2. Kylie BattName Says:

    Между нами говоря, по-моему, это очевидно. Советую Вам попробовать поискать в google.com…

    Специалист по кредитованию I came across this article in the Virginian Pilot business section of the newspaper…..

  3. Kylie Batt Says:

    C таким качеством не охота….

    специалист сектора ипотечного кредитования I came across this article in the Virginian Pilot business section of the newspaper…..

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