General thoughts and ideas on residential real estate in Virginia Beach, Chesapeake, Portsmouth, Suffolk, Hampton, Newport News and Norfolk, Virginia.

Tina Merritt, Realtor 757-428-4600 tina@tinamerritt.com Long and Foster Real Estate

Wednesday, May 07, 2008

Lack of Housing

I had to do a search today for a client who is relocating here. He isn't sure if he will rent or buy so I pulled both types of properties. He specifically wants to be in one of the most popular school districts and in the northeast section of Virginia Beach.

What did I find? A lack of housing! Yes, while his price range is the "average" for the northeast area of Virginia Beach, there were only 8 rentals and 12 homes for sale which met his criteria (not picky mind you - he just wants something open and airy, 4 bedrooms, 2 baths).

So, while some areas are having problems, obviously, this area is not!

2 comments:

Tech Hampton roads said...

Great blog...It's nice to see some niche blogs in Hampton Roads...

We just started up a technology blog, www.techhamptonroads.com.

Let us know what you think.

We could do some linking back to each other and help grow our niche fields.

Tech Hampton roads said...

Great blog...It's nice to see some niche blogs in Hampton Roads...

We just started up a technology blog, www.techhamptonroads.com.

Let us know what you think.

We could do some linking back to each other and help grow our niche fields.

What's Tina Merritt Reading in the Real Estate World?