Virginia Beach Weekly Real Estate Listing Updates

Courtesy of Jackie Gonzalez, REALTOR® KW Town Center (757) 943-9184

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Virginia Beach Weekly Townhomes & Condos For Sale

If you’ve reached this page and do not see any properties listed, it means that no new townhouses or condominium listings came on the market in the past week.

IDX information is provided by the Real Estate Information Network, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are all © 2019 Real Estate Information Network, Inc. All Rights Reserved. The information provided is for consumers personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

 

Data services provided by IDX Broker

Affordable Norfolk Homes

This is a current list of the top ten most affordable Norfolk Homes that are available for sale. Please bookmark this page as the available real estate listings change from day to day. If you have any questions about any of these affordable homes located in Norfolk or are thinking about putting your home on the market please call me at (757) 943-9184.

TOP 10 HOMES FOR SALE IN NORFOLK

If you would like to schedule a private showing to tour any of the properties above contact me today! I can be reached at (757) 943-9184.

ARE YOU LOOKING TO BUY YOUR DREAM HOME IN NORFOLK, VIRGINIA?

If you are a home buyer, our foremost goal is to provide you with exceptional customer service. Our goals are to help you purchase the right home, make sure you don’t miss out on any homes that meet your needs, and make sure you don’t pay too much for your next home.

Please utilize my Norfolk real estate expertise to make your home search and buying experience as stress free and rewarding as possible.

Search Available Norfolk Properties

RELOCATION INFORMATION

Are you thinking about relocating to Norfolk, Virginia? I can help you find the perfect home and make your move as stress-free as possible. I can offer valuable insight about the area to help you through your home buying experience. Contact Me at (757) 943-9184.

ARE YOUR THINKING ABOUT BUYING OR SELLING IN NORFOLK, VIRGINIA?

I am a local expert and am here to help guide you through your home buying or selling experience.

Connect with Me Today!

LOOKING FOR MORE INFORMATION ABOUT NORFOLK?

Being from the area, you receive the benefits of learning about great neighborhoods, trends and hot spots.

Explore Our Communities

I hope that you enjoyed this Top Ten Homes For Sale in Norfolk post!

Find More Valuable Information and Read My Blog!

What About Rent to Own Homes?

What About Rent To Own Homes jgonzalezhomes.com

What About Rent To Own Homes

Rent-to-own homes can be an option if you want to have a house now and don’t have enough cash for a down payment and/or your credit score isn’t high enough to be approved for a mortgage at this time.

There are a lot of scams related to rent-to-own homes,  so be careful.

If it is a legitimate opportunity, then a credit check may be requested to find out what’s going on. They’ll want to know if you’ll qualify within the seller’s time frame. This is especially the case if your credit needs repair. Also, an upfront down payment or higher rent may be required.

Join me on Facebook where you’ll find tips on buying and selling a home, neighborhood information,  local events and real estate updates.

Search Rent To Own Homes

LEARN MORE ABOUT RENT TO OWN HOMES IN THIS FREE REPORT

Wondering if getting a rent-to-own home is an option? Get information about rent-to-own homes now. Request the "What About Rent To Own Homes" Report here.
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You May Enjoy: No or Low Down Payment Assistance Programs

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First Time Home Buyers Class

There are first-time home buyer classes throughout Hampton Roads. This free class provides a great opportunity to learn what’s needed to get on the road to successful home ownership and more.

A lender, real estate professional, and other qualified representatives who educate buyers and sellers of the home buying process will be present, so bring your questions and learn everything you need to know about buying a home.

Buyers, Meet Experts

The topics discussed with cover most aspects associated with buying a home from representatives in the fields of:

Mortgage Lender
Realtor®
Home Inspector
Title Company

Additional topics discussed will include personal finances and credit, setting up a spending plan, working with a lender and real estate agent, the home inspection, the closing process, and preparing for the responsibilities of being a homeowner.

Attendees will receive a book filled with valuable information as well as a certificate for obtaining down payment assistance through the Virginia Housing Development Authority (VHDA). The class is also available online.

Although the classes are free, registration is required.   CLICK HERE to register for a class. Also, you can get an early start by reading about your VHDA loan options online.

 

Check out these great Virginia Beach Properties that were Just listed

Wondering how much Your Home Value is? Use our House Value Estimator!

ARE YOUR THINKING ABOUT BUYING OR SELLING IN hampton roads, VIRGINIA?

I’m here to help guide you through your home buying or selling experience.

Connect with Me Today!

LOOKING FOR MORE INFORMATION ABOUT hampton roads, VIRGINIA?

You’ll receive the benefits of learning about great neighborhoods, trends and hot spots.

Explore Our Communities

Find More Valuable Information and Read My Blog!

Have Questions?

If you have any questions feel free to get in touch with me. I'll be sure to get back to you shortly.
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Chesapeake Homes For Sale – Price Reduced

Courtesy of Jackie Gonzalez, REALTOR® KW Town Center (757) 943-9184

Chesapeake Homes For Sale – Price Reduced

IDX information is provided by the Real Estate Information Network, Inc. from a copyrighted compilation of listings. The compilation of listings and each individual listing are all © 2019 Real Estate Information Network, Inc. All Rights Reserved. The information provided is for consumers personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

 

Data services provided by IDX Broker

How Will COVID-19 Affect Real Estate?

Due to the unexpected spread of the Coronavirus, practically everyone has had to adjust their lives. Some people are fortunate to be able to work from home. Students are being home schooled because schools and colleges are closed. Many businesses have closed their doors, putting employees out of work unexpectedly.

People working in certain professions such as nurses, doctors, and healthcare personnel are the heroes fighting this viral epidemic. Personally, I want to thank them for their unselfish service.

All of this has created concern about where the economy is headed. How will COVID-19 affect real estate? Will there be another recession sparking a housing crash like the one experienced in the early 2000’s?  

I became a Realtor® in 2011, just when the market started coming back. Real estate was challenging even then, but we’ve come a long way.

For those who went through that recession, the feelings of déjà vu are understandable. No one knows how we are going to emerge from this. Time will tell, so there’s no need to be unduly worried for now.

Here are a few reasons why this time may not be like the last time.

Home prices aren’t out of control

It’s great that home equity has rebounded in most all markets. There hasn’t been a major jump in real estate prices. Although the Feds lowered interest rates to zero, as of this writing it hasn’t affected mortgage interest rates. This graph from from Keeping Current Matters shows the difference in annual home price appreciation then and now.

We have a shortage, not a surplus of homes on the market

As the following graph from Keeping Current Matters shows, there were such a large number of homes available for sale in 2007. Today, we’re short on housing inventory.

Mortgages aren’t like they were

During the early 2000’s, it was very easy to get a mortgage. Lots of loans were issued to people who were credit and income challenged. When the government began raising interest rates, borrowers found themselves unable to pay their mortgages. Today, mortgage qualifications have changed and the type of loans that got many homeowners into trouble are no more.

MORE Homeowners HAVE EQUITY

In the 2000’s homeowners were using their property as a personal ATM machine. Home prices have risen nicely over the last few years. Homeowners have taken advantage of lower interest rates, but not taking equity from their homes.

What this all means

No one knows for now, but we may see in time an increase of short sales and foreclosures due to the economic changes brought on by COVID-19.

Here are the real estate Virginia Beach stats from REIN MLS from February 1st through March 20th .

907 Active Homes For Sale

659 Pending Sales

891 Homes Sold

As you can see, homes are being still listed and properties are going under contract. Using technology to conduct real estate virtually may end up becoming the way real estate is bought and sold. However, this still is a business where real estate agents are still are and will continue to be a valuable resource for home buyers and sellers.

In the meantime, the times we’re living in call on us to be the best we can be. Let’s focus on being kind, neighborly, and helping one another get through this.

In  the meantime, learning what it takes to buy or sell a home will give you an edge. Download your FREE Buyer or Sellers guide.

Get Your FREE Home Buying or Sellers Guide

Simply fill out the form and choose your guide now.
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Houses for Rent

This is a list of Houses For Rent that are available in Virginia Beach, Chesapeake and Norfolk. Please bookmark this page as the available real estate listings change from day to day. If you have any questions please call me at (757) 943-9184.

Virginia Beach houses for Rentals

Chesapeake houses for rentals

norfolk houses for rent

If you would like to schedule a private showing to tour any of the properties contact me today! I can be reached at (757) 943-9184.

LEARN MORE ABOUT RENT TO OWN HOMES IN THIS FREE REPORT

Wondering if getting a rent-to-own home is an option? Get information about rent-to-own homes now. Request the "What About Rent To Own Homes" Report here.
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ARE YOU CUrious about buying a HOME?

If you are a home buyer, our goals are to help you purchase the right home, make sure you don’t miss out on any homes that meet your needs, and make sure you don’t pay too much for your home.

Please utilize my real estate expertise to make your home search and buying experience as stress free and rewarding as possible.

Report: Down Payment and Grant Programs

Get The House You've Always Wanted! Your perfect home is waiting for you! Find out what it takes to own your own house. It's easier than you think! Need down payment assistance? Get information about programs in this area that help with down payment and grant assistance (you don't have to pay grants back!) With interest rates so low can you afford not to know? Leave your email and I'll send you the list of free and no down payment home and grant programs right away.
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RELOCATION INFORMATION

Are you thinking about relocating to or from Hampton Roads, Virginia? I can help make your move as stress-free as possible and offer valuable insight to navigate through your home buying or selling experience.

Connect with Me Today!

LOOKING FOR MORE INFORMATION?

Being from the area, you receive the benefits of learning about great neighborhoods, trends and hot spots.

Explore Our Communities

I hope that you enjoyed this Homes For Rent post!

Find More Valuable Information and Read My Blog!

March 2020 Real Estate Market Outlook

March Real Estate Market Update

 

Here is the March 2020 Market Outlook for Virginia Beach and the surrounding areas of Hampton Roads.  This data is based on February’s statistics.  More information can be obtained from The Real Estate Information Network. Read more here…. 

Cities

Median Residential
Sales Price

Norfolk
Virginia Beach
Portsmouth
Chesapeake
Suffolk
Hampton
Newport News

$214,900
$269,900
$167,075
$279,900
$275,000
$181,500
$181,500

 

WHO IS RESPONSIBLE FOR MAINTENANCE OF trees and BOUNDARY FENCES ?

Conflicts with neighbors can be a genuine pain. It’s not uncommon for neighboring property owners to differ about issues like fences, the property line, or overhanging tree limbs. According to FindLaw.com, there are rules concerning fence laws and property lines in Virginia.

Boundary Fence Rules

  • Adjoining landowners are obligated to build and maintain (at joint and equal expense) a division fence between their lands, unless one landowner decides to let their land lie open or the property owners agree otherwise between themselves.
  • If an existing border fence falls out of repair, either landowner can give notice to the other of the intent to repair the fence, and request one-half reimbursement.

Tree Trimming Rules

  • A landowner has the right to “self help” by trimming encroaching tree branches and roots up to the property line, at his own expense.If actual damage is caused by encroaching branches or roots, the landowner has a right of action for nuisance.
  • Encroaching tree branches are not considered a nuisance merely because they cast shade, or drop leaves, flowers or fruit.

Read the full article here….

If you have a discrepancy regarding who where a property begins and ends, if you had a survey done at the time you bought the house it may be helpful in determining where the property boundaries lie. Also, regarding the fence, the smooth side should always face the neighbor. If your side is not the smooth side, then more than likely you own the fence.

Check out these great Virginia Beach Properties

Wondering how much Your Home Value is? Use our House Value Estimator!

ARE YOUR THINKING ABOUT BUYING OR SELLING IN hampton roads, VIRGINIA?

I’m here to help guide you through your home buying or selling experience.

Connect with Me Today!

LOOKING FOR MORE INFORMATION ABOUT hampton roads, VIRGINIA?

You’ll receive the benefits of learning about great neighborhoods, trends and hot spots.

Explore Our Communities

I hope that you enjoyed this March 2020 Real Estate Market Outlook post!

Find More Valuable Information and Read My Blog!

Have Questions?

If you have any questions feel free to get in touch with me. I'll be sure to get back to you shortly.
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Drawbacks of Overpricing Your Home

Drawbacks of Overpricing Your Home

With more buyers looking for homes than there are homes for sale, it seems sellers are okay with allowing agents to overprice their homes.

Based on opinion, anyone can give a price – me, another agent, the seller, Zillow, friends and family. On the other hand, if you are thinking of selling your property, what are the drawbacks of overpricing your home?

bank appraisal vs market value

If the house isn’t a cash transaction and the buyer is getting a mortgage, the bank will appraise the home’s value to validate the seller’s listing price. This is part of the selling process.

As part of the bank appraiser’s job duties, they compare nearby homes that have sold recently. If the appraiser notes the home is priced correctly, great! If it’s under priced, then the buyer gets instant equity.

What happens if the home is overpriced?

Once the bank appraiser has provided a market value, the seller has these options:

  • The buyer can choose to pay the difference – if they have the cash
  • The seller can lower price to the appraised price
  • The buyer doesn’t have to buy
  • The seller does not have to sell

Why should you be concerned?

YOUR home’s value has been influenced by homes being sold in your community! Did you know that home sales over the last 12 months within 2 miles of your home have an effect your home’s value?

Neighborhood Market Values May Differ

If you’ve already found a home in a new neighborhood or different state, the proceeds from the sale of your current house may not be enough to cover the mortgage on the new home. If your current home’s value is less than the price of the home where you’d like to live, you may have to find a home that meets your budget or obtain a mortgage for the difference.

It’s challenging to tell a seller that their desired home price may be overpriced. However, think of how challenging it can be to continue paying a mortgage, keeping the utilities on, maintaining the property and lawn care chores, paying property taxes, etc., for a home you don’t want to live in anymore! 

 Having reasonable expectations helps a seller move forward towards getting top market dollar for their property.

It’s AWESOME that the market has rebounded quite a bit. However, for a seller to accept a listing price without the agent providing comparable homes sold to validate the listing price promotes unrealistic expectations. The seller may have plans to use the extra money when they move to their new destination.

Some agents do this just to get a listing, which can lead to disappointment for the seller – especially if the house doesn’t sell due to an over-inflated listing price.

Real estate is a very competitive business. Just because an agent comes in with an infectious personality, promising you everything from doing yard sales to walking your dog – it doesn’t mean the agent can accurately and professionally market and sell your house.

If it’s too good to be true, it probably is! The real estate market will not always remain a seller’s market. Working with an agent who can accurately assess neighborhood home values, whether in a sellers’ or buyers’ market, can give you a realistic picture of what to expect when you decide to sell your home.  The goal is to get you the most money the market will allow, selling your home on time with the least hassles.

Isn’t that what you hire an agent to do?

I’m a local  Realtor® serving home sellers and buyers in Virginia Beach and the surrounding areas of Hampton Roads.

If you’re serious about selling your home contact me today to help determine the best possible estimate for getting your home sold!

FREE Report: 6 Pitfalls of Overpricing Your Home

When it comes to getting the most money for your home with the least headaches in the shortest amount of time, nothing can stop that process faster than overpricing. In fact, it’s the number one reason houses don’t sell.

As a Realtor® committed to having happy clients who who want the most from the sale of their house, sharing this “must know” information with potential sellers is on the top of my to-do list!

Get your FREE Report: 6 Pitfalls of Overpricing Your Home now!
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Affordable Homes For Sale From $150k – $200k

jgonzalezhomes.com

This is a current list of affordable homes for sale from $150k – $250k that are available for sale. Please bookmark this page as the available real estate listings change from day to day. If you have any questions about any of these affordable homes located in Hampton Roads or are thinking about putting your home on the market please call me at (757) 943-9184.

Browse By City

VIRGINIA BEACH

Chesapeake

SUFFOLK

NORFOLK

PORTSMOUTH

HAMPTON

NEWPORT NEWS

 

 

RELOCATION INFORMATION

Are you thinking about relocating to Hampton Roads Virginia? I can help you find the perfect home and make your move as stress-free as possible. I can offer valuable insight about the area to help you with your home buying experience. Contact Me at (757) 943-9184.

Home Buying Road Map

Get The List Now!

To download the list of Free or Low Down Payment Assistance Programs simply fill in the form. Get the list now!
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ARE YOUR THINKING ABOUT BUYING OR SELLING IN hampton roads, VIRGINIA?

I am a local expert and am here to help guide you through your home buying or selling experience.

Connect with Me Today!

LOOKING FOR MORE INFORMATION ABOUT hampton roads, VIRGINIA?

You’ll receive the benefits of learning about great neighborhoods, trends and hot spots.

Explore Our Communities

I hope that you enjoyed this Affordable Homes For Sale From $150k – $200k post!

Find More Valuable Information and Read My Blog!

Have Questions?

If you have any questions feel free to get in touch with me. I'll be sure to get back to you shortly.
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Jackie Gonzalez

Keller Williams Town Center

One Columbus Center #700, Virginia Beach VA 23462

757-943-9184
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