New homes for sale in Virginia Beach, Chesapeake, and Hampton roads as well as local real estate trends.
ARCHIVED BLOG POSTS
Part of our job as a real estate agents is to recgonize trends within the market, we need to know how much inventory is in the market, how fast the inventory is being sold and reblenished. The best tool we have to track the market trends is the MSI ( Month Supply of Inventory ) otherwise know...
In all the months that I have been tracking the Virginia Beach real estate market todays inventory levels are the lowest I have seen them in a long time! Currently there are 3,044 active homes for sale in Virginia Beach and the 12 month sales index increased slightly to 5,637 homes, that is the n...