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Market reports Category

Hampton Roads Market Report July 2014 – A Tale Of Seven Cities

Creed Realty It is often said that real estate is "local" and this market report shows such.  Simply, this means some areas of the country or cities do better than others in comparison.   Hampton Roads is no exception.  The Real Estate Information Network (REIN)  market report and statistics for the greater Hampton Roads area.  It shows varies ups and downs within the 7 cities.  Read the entire market report: (Virginia Beach, Virginia – August 2014) Looking at the Hampton Roads real estate market report as... Continue Reading >

Choose A Virginia Beach Neighborhood Poised For Growth

Creed Realty Why choose a Virginia Beach neighborhood poised for growth?   What Is Changing? There is no question that the Virginia Beach and surrounding communities are a sought-out area for home-buyers and real estate. Virginia Beach Neighborhood home and condo sales are doing well and the amount of distressed properties keeps dropping (short and foreclosure sales).  The Virginia Beach community is experiencing growth in all spectrums including small and large business relocation and start-ups. These type of changes occurring means growth is moving in the... Continue Reading >

How’s The Market – March 2014 Report

Creed Realty How's the market?  In March 2014 we did not see much of anything significant to report other than distressed sales (short and foreclosures) declined somewhat.   It is our opinion that the faster we lower the distressed inventory the sooner we will see more dramatic price increases and equity growth for homeowners.   What this means for you the buyer is that it is still a good time to enter the market while inventory exists and interest rates are historically low.... Continue Reading >