Sandra D. Payden

I believe that every type of situation warrants different results for different people. Since the 1990's, the cost of homes have increased. This has actually been impacting many folks that desire "owning" over "renting." In some areas, one can own for relatively the same amount they would pay in rent, which is positively self-explanatory. In higher, more inflated areas, buying a first home can be close to or out of the question. Income vs. payment is without a doubt the reasons. This weaker market for which we are finding ourselves in, can possibly make a "dream come true" for many people. Since the cost of homes are down, it will be easier to make that payment. I encourage that you dig for a loan program that helps you buy a house with the least amount of money down. This Economic Era can help you find your way to your own home. This is the case not only around the United States but many nations overseas too. I'd be happy to give you more advice and information. Please contact me at http://www.757realestateinfo.com/ or email me at Sandra@757RealEstateInfo.com. I'm a REALTOR® with Greg Garrett Realty.com in Hampton Roads (Newport News) VA. I practice Real Estate in Williamsburg, Newport News, Hampton, Suffolk, Chesapeake, Portsmouth, Norfolk, Isle of Wight and Virginia Beach.

According to recent economic research, Hampton Roads, Virginia is not among the overall declining economy. We actually have stability in our employment sector and our Real Estate market. People are buying and selling homes in our area. This is AMAZING!!! We are a major military based area and among our buyers are military personnel. Everyone is definately taking advantage of this opportunity. Hampton Roads consists of Williamsburg, Newport News, Hampton, Isle of Wight County, Chesapeake, Suffolk, Portsmouth and Virginia Beach. This is a beautiful area and very affordable these days.

Elizabeth Lake Estates is a community of 320 homes in the Fox Hill area of Hampton, Virginia. It is located on the North end of the Hampton River between Fox Hill and Woodland Roads. The community has developed and grown over a 21 year span beginning in 1962 and ending with the completion of the last home in 1983. It has the distinction of being the first neighborhood to form a civic association in Virginia. The neighborhood is very family friendly and features many open areas and two pools, a 25 meter pool and a diving pool, for members. Many events are held in the neighborhood throughout the year including an Easter egg hunt by the lake and a 4th of July parade through the neighborhood. Many of the homes in the community are waterfront and many have water views of the Hampton River and the "lake". The river and lake are both tidal and navigable and are a great place to enjoy water-sports and fishing. Have any questions about this charming neighborhood or want more information about homes for sale in Elizabeth Lake Estates? Email Sandi or give me a call today!

757-771-5586 spayden@greggarrettrealty.com

©2008, 757RealEstateInfo.com and B. Payden Photography, LLC. All rights reserved, all uses prohibited without the express written permission of Sandra Payden and Bryant Payden.

Marine Observation Tower - Pagoda and Oriental Garden

The Marine Observation Tower, also known as The Pagoda, was built in 1989 and was a gift to the Commonwealth of Virginia and the City of Norfolk from the Taiwan Provincial Government. The two story octagonal structure was built on and around the pillars that had previously supported a 500,000 gallon molasses storage tank. Materials for the tower were manufactured in Taiwan and shipped to Norfolk for assembly by Taiwanese craftsmen. In 1989 the Pagoda was refurbished and an oriental garden was planted around the Pagoda. The Pagoda is home to a restaurant serving American and Pacific Rim Cuisine and an art gallery featuring Oriental brush painting and Chinese artifacts. It is a popular destination for weddings, receptions, celebrations as well as cultural events.

©2008, 757RealEstateInfo.com and B. Payden Photography, LLC. All rights reserved, all uses prohibited without the express written permission of Sandra Payden and Bryant Payden.

Wisconsin square is a small park on Norfolk's Elizabeth River waterfront. It was dedicated in May 2002 and is located next to the museum ship USS Wisconsin. The park features an exact replica of The Lone Sailor statue from the United States Navy Memorial in Washington, DC and also features a memorial to seamen lost while serving on Navy ships home-ported in Norfolk. The square is also home to the ship's bell from the USS Norfolk.

©2008, 757RealEstateInfo.com and B. Payden Photography, LLC. All rights reserved, all uses prohibited without the express written permission of Sandra Payden and Bryant Payden.