Norfolk, Virginia: Three month update

Below is a look at the trend for the past three months in Norfolk, Virginia.
These statistics are obtained from REIN, the multiple listing service and are deemed reliable but not guaranteed. They do include all sales.

Contrary to news reports houses are still selling, but there are many more homes on the market than in previous years.

Bank owned, and goverment owned properties accounted for 25 sales in March, 20 in February and 13 in January.

Short sales are difficult to determine as agents input the information in different manners in to the MLS

Please call me if you'd like to buy or sell your home in Norfolk, Virginia. I'd be happy to talk with you and help you determine the best pricing whether you are buying or selling. For more information, please visit my website .

To buy or sale real estate in the Chesapeake, Norfolk, Virginia Beacha, Portsmouth or Suffolk, Virginia visit my website at www.TereRottink.com