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  • Many in this field somehow fall into becoming a real estate agent. Aleksandra Peacock, on the other hand, has built a buisness careera round real estate. Every effort made, and every school attended was to prepare her in becoming a well respected, highly versed, and educated real estate professional. Many of my clients have been telling me that they were waiting to buy when the market hits bottom. So when is that going to happen? I feel that the bottom and the turn around will comeat different times for different areas. And the truth is that you will not know the bottom until it is past and prices have started to move up. OK, really, now the time is right to buy. Prices are falling continuesly, and based on my market analysis and patterns observed, they will continue to do so until the end of this year (2009). The current high foreclosure rate and appraiser based fear to over price, has been driving and contuensly bringing lower sales prices. I must also say that, buyers have been in the front seat of price reductions as well, many making purchase offers in the Hampton Roads Virginia real estate market, well below the market value. I could go into the true meaning of VALUE, but to keep it simple and short, it's no different than beauty, IT IS IN THE EYE OF THE BEHOLDER! So, don't look for the bottom in the list price on properties, you may find it in a few properties but not most. Look for the bottom in the SOLD properties. Ask your agent to make up a comperative analysis for a buyers, or to simple look up some of the most recent sales in the neighborhood and the amount it sold for. Trust me, it's on every SOLD listing in the MLS that your agent has access to. My belief is that the Hampton Roads area of Virginia will start to recover sooner for several factors. The Virginia market hit a wall in the summer of 2007 and has been hit hard since then. 2009 will be the year of the foreclosure here. Prices have tanked and will have fallen in many cases by 20% or more from their price of three years ago. I have been wrong about the market here, I expected it to tke a dive along with the rest of the US, but it didn't and it will never be hit badly because of the constant movement in the local real estate market. My belief is that 2009 will see the bottom, because that is when we will see the most foreclosures. However I can't pinpoint the exact bottom and nobody else can either. I do know that buyers are taking advantage of some great prices and motivated sellers.

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Single Story For Sale in Olde Wythe
• 1,180 sq. ft., 2 bath, 3 bdrm single story - MLS® $149,900 USD Olde Wythe, Hampton - SELLER REQUESTS LOCAL LOAN APPROVAL LETTER W/CONTRACT & NO BROKER INTERNET LENDERS! WELL MAINTAINED RANCH STYLE HOME. LARGE LIVING ROOM. ONE BEDROOM WITH Read More...
Price Reduced on 108 Clifton Street in Olde Wythe
Olde Wythe, Hampton - Announcing a price reduction on 108 Clifton Street, a 1,180 sq. ft., 2 bath, 3 bdrm single story. Now MLS® $149,900 USD - . Property information Read More...
1 1/2 Story For Sale in Olde Wythe
1 1/2 Story For Sale in Olde Wythe for sale Read More...
Price Reduced on 206 Hollywood Avenue in Olde Wythe
206 Hollywood Avenue for sale Read More...
Single Story For Sale in Olde Wythe
Single Story For Sale in Olde Wythe Read More...
Price Reduced on 235 Locust Avenue in Olde Wythe
235 Locust Avenue in Olde Wythe for sale Read More...
Single Story For Sale in Olde Wythe
Single Story in Olde Wythe Hampton VA for sale Read More...
Price Reduced on 206 Cherry Avenue in Olde Wythe
206 Cherry Avenue in Olde Wythe for sale Read More...
Single Story For Sale in Olde Wythe
Olde Wythe Hampton VA 1,152 sq. ft., 1 bath, 3 bdrm single story Read More...
Price Reduced on 134 Piedmont Avenue in Olde Wythe
Price Change on 134 Piedmont Avenue in Olde Wythe Read More...
1 1/2 Story For Sale in Olde Wythe
Olde Wythe Hampton VA 1,203 sq. ft., 1 bath, 4 bdrm 1 1/2 story - MLS® $124,900 USD Read More...
Price Reduced on 200 Locust Ave. in Olde Wythe
Olde Wythe Hampton VA 1,203 sq. ft., 1 bath, 4 bdrm 1 1/2 story Read More...
Single Story For Sale in Olde Wythe
Single Story For Sale in Olde Wythe • 965 sq. ft., 1 bath, 2 bdrm single story- MLS® $79,900 USD Read More...
Price Reduced on 233 Greenbriar Ave. in Olde Wythe
Olde Wythe Hampton VA 233 Greenbriar Ave., a 965 sq. ft., 1 bath, 2 bdrm Read More...
2 Story For Sale in LagoMar
• 3,596 sq. ft., 3 bath, 5 bdrm 2 story - MLS® $499,900 USD - Reduced LagoMar, Virginia Beach - BEAUTIFUL BRICK HOME IN SOUGHT AFTER LAGOMAR. FRESH INTERIOR AND EXTERIOR PAINT. ADDITIONAL IMPROVEMENTS BEING MADE. BUY NOW AND PICK YOUR CHOICE Read More...
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