About Virginia Beach City County, VA

REIN- Real Estate Information Network - January 2010 - Summary - A view from our Virginia Beach MLS

REIN is our local Multiple Listing service. It is independently owned by broker stockholder members. It serves the areas in Tidewater or Hampton Roads, including Williamsburg , the North Carolina border and all the cities in between.
Although you have to take in to consideration that these are average prices and each city would have different results, if done city by city. This market report done by our local Multiple listing is done for the entire Hampton Roads area.

Our local market seems to be on the recovery, but we must not forget that a very large percentage of the homes sold were distressed sale, short sales and bank owned properties.

Every spring we get the military transfers coming in, so If you are thinking of selling your home please give me a call ASAP.

To SELL or BUY Real Estate in Virginia Beach, or Hampton Roads visit my website. http://www.tererottink.com/ visit my Blog at HamptonRoadsrealEstateVoice.com

Call me at: 757-502-5324

REIN- Real Estate Information Network December 2009 Summary A view from our Virginia Beach MLS was first published on Hampton Roads Real Estate VoiceCopyright © 2009 By Tere Rottink, All Rights Reserved.*REIN- Real Estate Information Network December 2009 Summary -A view from our Virginia Beach MLS

What a price for the Oceanfront in Virginia Beach. Recently a home sold at the Oceanfront for $7.6 million. I t was the most expensive piece of real estate sold in some time at the Oceanfront. The home was the retreat of Art Sandler. Sandler and his brother own L.M. Sandler & Sons, a beach based housing development firm. Most of us have heard of them one way or another but who can afford such a price? How about the chief executive of ADS, Inc. Luke Hillier. What does ADS do? How about supplying special operations gear to the military. Mr. Hillier is teaming up with US Development Co. and they are looking at turning the Union Mission building in downtown Norfolk into apartments.

No word strikes a greater fear in a homeowner's heart than foreclosure. And every day, the newspapers report unprecedented increases in foreclosures and steep decreases in home values. More and more people are behind on their house payments or about to be. It is estimated that more than 2 million U.S. homeowners are now in default on their mortgages.

Fortunately being threatened with foreclosure or even receiving a formal foreclosure notice from the bank does not mean you will lose your house. You do have options.

I have been working with may people who I've been able to show them other options and explain some strategies that have helped them pursue to keep their home.

I have been able to explain home to make the most of their situation if the income and mortgage payments preclude keeping the house.

I have talked with many people who have felt swamped with debt and are considering filing for bankruptcy. For some it makes absolutely no sense to keep pouring money into a house they are destined to lose. For others, it's completely sensible to do everything they can to keep ownership. Sometimes reasons for these decisions are personal, sometimes economic.

You must make the decision for yourself. I hope you will ask for guidance so you can be successful of whichever strategy you decide to follow. If it is not in the cards for you to keep your house, I can show you how to derive the greatest possible benefit from the situation - how to make good lemonade from the lemons life has handed to you, if you will.

I also hope to provide some perspective on home ownership. To sum it up, your house is not WHO you are. Your credit rating does not make you a good person.

Owning the house where you live may feel like the American dream and losing it may seem like the end of the dream. Believe me when I say it is not. If you are eventually forced to give up the house you are living in, painful as it may be, it's a loss that you WILL recover from, both emotionally and financially.

Meanwhile, there is a lot you can do to restore your financial health and take control of the situation. Give me a call and let's get started looking at some options.

Here is a cute little book written by my good friend Chuck Miller with Miller Custom Homes here in Virginia Beach.  Miller Custom Homes is a certified Green Builder and is most recently known for his beautfiul award winning home - otherwise known as THE MOTHERSHIP.

Chuck also wrote a cute little book called "Greenie The Builder"  You should check it out and get one for your family! 

Here is a short exerpt from the book...

Searching for single family new construction real estate in Virginia Beach?

There are over 40 Builders eager to sell homes and offering great incentives including closing costs, financing, and upgrades. New construction homes range in price from the low $200s to over $3 million - so something for everyone.

Get your new construction contract written before April 30, 2010 to use the first time or move up home buyer tax credit.

View all of these Virginia Beach new construction neighborhoods (enhanced real estate listings with photos) Garnett's Watch, Ridgely Manor, Sajo Farms, Chesapeake Shores, Mira Bella, Chesapeake Beach, Ocean Park, North Shore, Thalia Village, Woods of Little Neck, Thalia Acres, Gatewood Park, London Bridge, Shadowlawn, Beach Borough, Northend Va Beach, Estates on the Lynnhaven, Sherwood Lakes and Executive, Blackwater, Prince George Estates, Heritage Park, Ashville Park, Victoria Park, Mayberry, Mathews Green, Pungo, Sandbridge, Grassland Farms, Highcourt, Lake Archway, Thompkins Estates, West Neck, Hillcrest Landing, Indian Pointe, Bernard Farms, Highland Parish, Eagles Nest, Courthouse Estates, Indian River Plantation, and Woodbridge Pointe.

As always consult your REALTOR(R) about any of these Virginia Beach new construction developments. It's Free ;-)

Read the Virginia Beach and Hampton Roads Homebuyer Guide

Sherwood Lakes New Construction Blog Post

Condo Foreclosure Sales for 2009