Jeff Nelson- Hampton Roads Real Estate

Well, if you listen to the news everyday (which I do, unfortunately) you would think that Armageddon is near and we should all bundle up in the fetal postion and just wait for the earth to open and swallow us up. Well, that is not the case. I am with buyers everyday who are starting to say, "This is a great time to buy a house!". I've been beating this drum for 2 months now on the topic and the people who count are starting to realize it. Here are the stats for Hampton Roads in October:

Homes Closed in 10/08:

Southside 1,077
Penninsula 413
Total 1,490

In general, home prices are the lowest that they will get. Sellers can only go but so far. At least in our area, buyers are beginning to realize that this truly is the best time to buy a home. Please contact me if you're in the market to purchase a property. The odds are on your side. Everything is in your favor. I just closed a transaction yesterday that closed $185k below the appraisal. What are you waiting for????

Jeff Nelson
The Real Estate Group
757-749-1616
jeff@homesandfood.com
www.homesandfood.com

From time to time, I will post all of the homes that have been reduced in price on a particular day to give you an idea of what's going on in the market. Prices go down everyday and trust me this list is just from one day. With around 15,000 listings on the market in Hampton Roads, more than half of them have been reduced at some point. I also have access to the history of the listing so I would be able to tell you exactly how much the property has gone down.

Feel free to contact me if you are interested in a particular area and I would be happy to send you all of the homes that match your search criteria. Here are the 88 homes that were reduced in price yesterday:

http://rein.mlxchange.com/Pub/EmailView.asp?r=855265241&s=VAB&t=VAB

Jeff Nelson
The Real Estate Group
757-749-1616
www.homesandfood.com
My Main Real Estate Site
jeff@homesandfood.com

Greenbrier is one of the "hot" locations in Chesapeake. Of course you have the Greenbrier Mall but there is also many other places to spend your money as well. Three other large strip malls include stores like Target, Old Navy, Circuit City, Barnes & Noble, and Harris Teeter. This retail hot bed also has many great places to eat along with about 6 or so hotels.

One of the newest additions to the area is the Towne Center at Greenbrier, which is located directly behind Target and can be accessed by Eden Way. The Towne Center features shops and restaurants with a more high end feel, like Simply Culinary, Bean There Cafe, & Sterling's Steakhouse.

As far as real estate goes, there are neighborhoods in all price categories. Within a 3 mile radius, you will find townhomes & condos starting at around $140,000, detached single family homes in the low to mid $200's, and it can go up from there. The Greenbrier Country Club, which is off of Volvo Parkway, has many beautiful estates lining the fairways with prices from around $400k to $650K. In the link below, you will find everything that is currently available in the Greenbrier area. As you know, I do this for a living so please let me know if you would like to see of these homes in person. I'd be happy to assist you with your next purchase and help you save as much money as humanly possible, whether it's here in Greenbrier or anywhere in Hampton Roads.

Click the link below to view the 73 homes that are for sale in the Greenbrier area:

http://rein.mlxchange.com/Pub/EmailView.asp?r=630983315&s=VAB&t=VAB
Once you click the link, you can navigate through the rest of the homes from the bottom-left of the screen.


Jeff Nelson
The Real Estate Group
757-749-1616
My Main Real Estate Site
jeff@homesandfood.com

All figures below represent the tax rate for each of our major cities in Hampton Roads. To determine the yearly taxes on a property, the tax rate is mulitiplied by the assessment (per hundred) of the property not the appraisal. For instance, if a home in Chesapeake was assessed at $200,000, it would be 200,000 X .0105 = $2,100.


Chesapeake 1.05

Virginia Beach .89

Norfolk 1.11

Portsmouth 1.21

Suffolk .91

Hampton 1.04

Newport News 1.10

In case you haven't figured it out yet, my name is Jeff Nelson and I'm a licensed realtor in Virginia and North Carolina. Because we have thousands of viewers through the website (www.homesandfood.com), blogs, and message boards, I wanted to make a formal introduction.

Though I have only been selling real estate for 5 years, I have gained the experience of real estate agents that have been in the business for over 20 years. I changed careers at the age of 35 and because I had many reasons to succeed, a wife and 5 kids, I was forced to make an impact really quick. I was born in Norfolk and raised in Virginia Beach. I know the Hampton Roads area like the back of my hand, especially when it comes down to the schools, venues, and local government. Now, because I'm in approximately 25-30 homes per week, I have a great understanding of many of the hundreds of neighborhoods in our vast metropolitan area.

For Buyers

I have fine tuned my circle of professional influence to include the "best of the best" when it comes to mortgages, home inspections, and title companies. First and foremost, I want you to be comfortable, get the best possible service, and save money with whatever vendor you choose. I understand that a lot of people already have these services lined up but if you don't, I can give some very good recommendations.

I can provide:

- daily MLS searches so you have the most up to date information as it comes on the market
- market research for the homes and neighborhoods that interest you
- my undivided attention. If you want to see 1 home or 30, I will be there for you. My rule is that if I don't already have an appointment, I am available.
- strong negotiation skills. I typically get a 6-10% discount for my clients on the purchase.

For Sellers

This is a tough market for sellers and you should have strong representation on your behalf.

I can provide:

- a strong element of exposure to the interenet since 84% of buyers start their search online. 1) Your home will be featured on over 20 major nationally recognized websites. 2) A classified flyer ad will be created that gives you additional exposure to search engines. 3) Featured listing spots on Realtor.com and HamptonRoads.com. 4) www.homesandfood.com. Well, this is my site and it is becoming one of the fastest growing local websites in town with over 300 pages of content. Your site will get additional attention through our message boards, forums, and blogs that are linked to the site.
- print ads. Your home will be featured in Homes Magazine and Pilot ads.
- TV. Your home will be featured on GoScout Homes. Cox Channel 95.
- Recognition. My brokerage company, The Real Estate Group, is the single most top producing company in the the area for one office. Locals have grown to know our signs over the years and trust the reputation.

Well, after writing this, I feel that I'm running for office. I don't want that job but do want your business. You would get the attention you deserve from someone who takes their job very serious. One of the greatest benefits you would get whether you're a buyer or seller is attention and communication. Here are all of the ways to contact me and please do if you are in the market of buying or selling a home.

Jeff Nelson
The Real Estate Group
757-410-8500 Office
757-749-1616 Cell
757-285-6354 Other Cellphone
757-502-7877 Efax #(goes directly to my email)
jeff@homesandfood.com
www.homesandfood.com

Other Options:

From the main real estate page at http://homesandfood.com/Hampton_Roads_Real_Estate.html you can text me a message directly to my cell phone.

You can also chat with me live at http://www.homesandfood.com/mlssearch, if the chat badge shows that I'm available. You do not need account to chat. Just start typing.