Real estate Virginia Beach in particular Homes for Sale in Virginia Beach
are becoming harder to find.
Sales at the Oceanfront and Walking Distance to the Oceanfront are up, lower interest rates have increased the buying power of potential homeowners creating a shortage of homes for sale.
Town Center in Virginia Beach has become a local’s hot spot for entertainment and fine dining. For many years if you wanted to live in walking distance to Restaurant’s and night clubs you were likely to be on the bay by the inlet or somewhere at the oceanfront. Driving prices of property higher in these areas. Now that nightlife exists in a more central location the neighborhoods around town center have become more desirable to the younger home buyers.
Just a few years ago living in these more desirable areas for walking to entertainment was only a dream for an average income home buyer.
There is what I believe to be a short window of time for home buyers to realize there dream of a more luxurious or larger home without going over budget.
Many buyers have been sitting around waiting because the banks will be getting low rates from the Fed’s for a while longer, Not realizing that the bank rates to buyers are starting to climb. Home prices have also leveled off and are starting to climb as well.
Get with a Realtor and a Lender today and go get your dream home, Waiting any longer could mean missing out on your dream.
By Don Maclary
Easy to work with. Quick response. Goes above and beyond expectations – works beyond normal working hours – making very convenient to get work done in a timely manner. Very accommodating and knowledge.
~ Luanne, Real Estate Buyer