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Market Report January 2014

It's been a year since we have seen these results with real estate sales in Virginia Beach and Hampton Roads.  While not devastating, it shows that weather can and does have an impact on real estate showings, sales, and closings. Key takeaways from this report: (contact Creed Realty here if you want a Market Analysis completed for your particular neighborhood or a community you are considering) Distressed sales (short sales and foreclosures) continue to be a big part of our local market. While... Continue Reading >

Mortgage Preparation Q and A

Home buyers often ask (and many unaware) how they should prepare to buy a home.  This mortgage preparation Q and A will answer many of these questions.  If you have any other questions please contact Timothy Lee with Atlantic Bay Mortgage here.  Mortgage Preparation Q and A What people can do to get ready, financially, to buy a house? Don’t make any large purchases (including furniture) or take out new credit. Underwriters love payment history.  Having a rent payment similar to a proposed... Continue Reading >

Mortgage Pre Approval Process

Creed Realty According to our Virginia Beach and Hampton Roads mortgage experts, (Atlantic Bay and McLean Mortgage), it is a good idea to gather up all of the needed documents in advance before launching your house hunt, as this will make the mortgage pre approval process a lot easier. The housing burst has resulted in much harder lending standards, which means that it could possible take weeks or sometimes even months to secure a loan. Mortgage Pre Approval Process Here are a few important steps... Continue Reading >

Market Report Dec 2013

Creed Realty This market report covers the month of December 2013.  December 2013 key takeaways: We continue to see that almost 30% of residential sales are distressed - meaning short sales or foreclosures.  This is still high compared with the national average which saw decreases in major metropolitan areas. Distressed sales contribute to the slowing of our real estate market recovery compared to the rest of the nation.  When these short and foreclosed sales are reduced we could still see an upswing in home prices... Continue Reading >

Creed Realty Launches Virginia Beach And Hampton Roads Home Search

Creed Realty Welcome to our new Creed Real Estate site! Are you looking for an easy way to search all Virginia Beach and Hampton Roads Home Real Estate Listings?  Using the advanced Internet Data Exchange (IDX) (a fancy term for expanded MLS) will enable to you to narrow or find the perfect home, condo, or town home you are looking for. "Principal Broker Owner Mia Roberson states: We are so excited with the launch of the new site and believe buyers and sellers will... Continue Reading >

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