Anyone thinking about looking for a getaway place to relax from the stresses of everyday life. If you live on the East Coast area especially you might want to consider Virginia Beach, Va.
It's centrally located, has 4 seasons, but none extreme, and prices are now are very reasonable. You have the Atlantic Ocean and Chesapeake Bay for Beach lovers, sailing, deep sea fishing , plenty of seafood restaurants and eclectic eateries and history all around (Williamsburg,Yorktown, Norfolk etc)
More and more people from the Richmond area of Va, as an example, (about a 2 hour drive away) are finding the advantages of our area. If you would like to find out more about the possibilities, go to my local real estate site www.googlejim.com
At Sandbridge (in Virginia Beach) at a newer condo development on the Beach called The Sanctuary, really low prices are available (because of the market) at possibly 58% of the original price. Also you are able to rent your condo out by the week for additional income and/or to offset expenses.
I'll be happy to fill you in on what's available in this wonderful Virginia Beach area. I have all Homes for sale in the Virginia Beach area on my site www.googlejim.com , available to you, with full details, photos, addresses AND mapping at each home and my site is updated 3 times daily. Want to remain anonymous? No Registration needed on my site! Enjoy!
I have an automatic email notification system that will send you homes that meet your specific criteria. It will be sent to you within hours after the home comes on the market. I can set it up usually within 24-48 hours.
jim from virginia beach
See all Homes for sale in the Va Beach and surrounding areas of Va at www.googlejim.com
Hooray!!!!! The $8,000 Homebuyers Federal Tax Credit has been extended and much, much, much more!! President Obama signed the bill that includes extension and expansion of the Homebuyer's Federal Tax Credit on November 7th, 2009.
In this Homebuyer Federal Tax Credit part of the bill, funding will be available for Home purchases up to May 1, 2010. Home Buyers who have ratified/binding contracts in place as of April 30, 2010 will be allowed an additional 60 days to complete the transaction. The Homebuyers Federal Tax Credit remains at $8,000 for first-time Homebuyers and Homebuyers who have not owned a Home in the past 3 years.
In addition their is a new $6,500 tax credit for repeat Homebuyers who purchase between December 1, 2009 and May 1, 2010. Repeat buyers must have lived in their Homes consecutively for five of the previous eight years. Income limits are expanded to $125,000 on a single return and $225,000 on a joint return.
Also, good news for members of the Armed Forces who are called on for overseas extended duty. These members of our military and uniformed services, who are out of the country for at least 90 days, will also be eligible to use the Homebuyer's Federal Tax Credit upon their return through April 30th, 2011. That's April 30th, 2011, not April 30th 2010.
Va Beach Jim
Visit my Real Estate site www.googlejim.com where All Homes for Sale in Virginia Beach, Norfolk, Chesapeake, Portsmouth, Suffolk and All Surrounding areas of Va are available! My site is easy to navigate, updated daily and no registration is required. Take a look around and start searching for your new Home! Details, Addresses, Photos, Maps, Calculators at each Home.
Yes, yes, and yes!!!! The Bill that includes The Homebuyers Federal Tax Credit has been passed by the Senate and the House and, as the MBA ( Mortgage Bankers Association) indicated in a release today that "we anticipate that President Obama will sign the bill in very short order"!! Great news for many many Homebuyers and definitely this bill includes more Homebuyer's then ever before.
See below for information on this part of the bill that was included in a Blog I sent out on 11/05/09.
"In this Homebuyer Federal Tax Credit part of the bill, funding will be available for Home purchases up to May 1, 2010. Home Buyers who have ratified/binding contracts in place as of April 30, 2010 will be allowed an additional 60 days to complete the transaction.
The Homebuyers Federal Tax Credit remains at $8,000 for first-time Homebuyers and Homebuyers who have not owned a Home in the past 3 years.
In addition their is a new $6,500 tax credit for repeat Homebuyers who purchase between December 1, 2009 and May 1, 2010. Repeat buyers must have lived in their Homes consecutively for five of the previous eight years.
Income limits are expanded to $125,000 on a single return and $225,000 on a joint return.
As a result of a significant amount of fradulent reporting with the initial Homebuyers Federal Tax Credit new anti-fraud limitations are imposed in the new bill. The White House has signaled that the President will sign the legislation."
Also, good news for members of the armed forces who are called on extended duty. These members of our military and uniformed services, who are out of the country for at least 90 days, will also be eligible to use the tax credit upon their return through April 30th, 2011. That's April 30th, 2011, not April 30th 2010.
Va Beach Jim
Visit my real estate site www.googlejim.com where All Homes for Sale in Virginia Beach, Norfolk, Chesapeake, Portsmouth, Suffolk and All Surrounding areas of Va are available! My site is easy to navigate, updated daily and no registration is required. Take a look around and start searching for your new Home! Details, Addresses, Photos, Maps, Calculators at each Home.
The extension of the Homebuyer Tax Credit is seeming more and more probable. The Senate has been in negotiation on an agreement regarding the expansion and extension of this important issue and an agreement has been reached!. The extension is part of a larger bill that has not yet gone to a vote, however.
A Senate vote on the larger bill will happen in the Senate during the 1st week of November, 2009. The package will then go back to the House. The House is expected to accept the Senate amendments, vote on the package and send it to the President for signature. The underlying bill is an extension of unemployment benefits and other issues.
In this Homebuyer Federal Tax Credit part of the bill, funding will be available for Home purchases up to May 1, 2010. Home Buyers who have ratified/binding contracts in place as of April 30, 2010 will be allowed an additional 60 days to complete the transaction.
The Homebuyers Federal Tax Credit remains at $8,000 for first-time Homebuyers and Homebuyers who have not owned a Home in the past 3 years.
In addition their is a new $6,500 tax credit for repeat Homebuyers who purchase between December 1, 2009 and May 1, 2010. Repeat buyers must have lived in their Homes consecutively for five of the previous eight years.
Income limits are expanded to $125,000 on a single return and $225,000 on a joint return.
As a result of a significant amount of fradulent reporting with the initial Homebuyers Federal Tax Credit new anti-fraud limitations are imposed in the new bill. The White House has signaled that the President will sign the legislation.
It is not official official yet but it looks like this will pass into law in November!
Va Beach Jim
Visit my real estate site www.googlejim.com where All Homes for Sale in Virginia Beach, Norfolk, Chesapeake, Portsmouth, Suffolk and All Surrounding areas of Va are available! My site is easy to navigate, updated daily and no registration is required. Take a look around and start searching for your new Home! Details, Addresses, Photos, Maps, Calculators at each Home.
Well, it's September of '09 and we all have a little bit different idea of where we are as far as hitting bottom in Home Pricing. We know what happens when inventory of Homes for sale go down (which it's doing now--less homes for sale in *S Hampton Roads currently then in 2008 by 3.8%.) AND the gap continues to close between median Sales Prices of Homes in '08 vs '09 (from -12.1% in January of this year to -2.6% in August of '09) AND, Hey, Interest Rates continue to hang around in the 5% range, a little higher but not much. That's good news.
Still time left to purchase a primary or 2nd Home at a great price before Home prices hit bottom and start going up along with increases in interest rates. Also, if your a 1st Time Homebuyer or haven't owned a Home in 3 years you are eligible for an $8,000 Federal Tax Credit with no payback requirements. The catch is this program expires on December 1, 2009. Something to think about. (Some income limits apply--$75,000 for single tax payer in a family and $150,000 for a 2 income family.)
*NOTE: S Hampton Roads includes Virginia Beach, Chesapeake, Norfolk, Suffolk and Portsmouth.
I now have a couple of Clients that are waiting for the bottom in pricing to purchase and they are losing out on Homes they have had their eye on because the Homes have gone under contract. Something to think about.
jim from va beach
Visit my Real Estate Site www.googlejim.com where All Homes for Sale in Va Beach, Chesapeake, Norfolk, Portsmouth, Suffolk and All Surrounding Areas of Virginia are available--Updated Daily! Also lots of information on Schools, City Guides, Bases, and much more!
A lot of people are sending me this information below that was on Good Morning America on 8/12/09 concerning the Virginia Beach, Va Area being the best place to buy a Home in this market. The interview was with a representative from Zillow, a national real estate organization.
"The struggling housing market has buyers searching for the best regions to get a great deal. Nationwide, home values are down 12 percent, compared with the same time a year ago, according to real estate website Zillow.com.
The Best Cities to Buy a Home
When you go to buy a house, low-priced markets is not the only factor you should consider. "The No. 1 factor for a market holding its value over time has to do with what types of jobs are fueling the local economy," said Amy Bohuntinsky, of Zillow.com Look for communities with a strong job market and stable housing values. Some common threads: cities with military bases, state capitals and college towns all fare well because they are more "recession proof," according to Zillow. A strong tourism industry helps too.
Virginia Beach, Va.
For that reason Virginia Beach, Va., is one of the top picks for buyers. The city has a beautiful beach, and three military bases with steady jobs that make it one of the best places to buy. And right now, there are bargains: 30 percent of homes there sell for less than the asking price. "Virginia Beach is an area where home values have fallen, but they appear to have bottomed out," Bohuntinsky said. "If you're a buyer, this is your real, real opportune time to get in there and buy when home prices are at the bottom before they start going up again.'"
virginia beach jim
Visit my real estate site www.googlejim.com where All Homes for Sale in Virginia Beach, Chesapeake, Norfolk, Suffolk, Portsmouth and All Surrounding Areas of Va are available--updated daily! No other site has more Homes for sale in this area; I have All the Homes listed for sale! Also lots of info about Schools, City Guides, Military Bases and much much more!! Call me anytime 757 287 6345
Boy, has this Real Estate market in the Virginia Beach Area of Va been "interesting"?! I've written in past months about the Housing market here and when are we going to hit bottom? In March of '09 I said, in effect, I don't know but maybe; in July of '09 I said I don't know but probably.
It's August of '09, and I'm saying now we're closer to hitting bottom then ever before in this cycle. All the statistical indicators continue to show that the days of large inventories of Homes, low pricing (really low), and 5% range mortgage interest rates are going to be short lived. The Volume of Homes sold have increased and continue to do so in the last several months as well as the Median Prices of Homes sold have also increased and continue to do so over the past several months. Less inventory of Homes available and prices increasing most likely means higher interest rates are not far behind.
This is a really great time to buy a Home, when the Bottom of the Real Estate market is bottomed out or close to bottoming out. The reality is, if you have a Home to sell you are going to sell low and buy low but why not consider renting your current Home (to sell when the market changes) and buying a Home...low now.
1st time Homebuyers or Homebuyers who haven't owned a Home in the last 3 years are eligable for an $8,000 Tax Credit from the Federal Government. (Salary limitations are: single tax payer in family, max of $75,000 or 2 person taxpaper family, a max of $150,000).
Visit my comprehensive Real Estate Site www.googlejim.com where All Homes for Sale (and I mean All Homes listed for Sale) in Virginia Beach, Chesapeake, Suffolk, Norfolk, Portsmouth, Isle of Wight and all surrounding areas of Va are available, with details, addresses and multiple pictures. My site is updated daily, easy to navigation and there is No Registration. Enjoy, and feel free to call/email me with questions, for additional information, or if you would care to visit any Home(s) for sale. Lots of Information on Schools, Bases, City Guides and much more!!
How about a little bit of information about this areas current population, land mass and, of course, where to find real estate ie all the Homes for sale in the cities of Virginia Beach, Chesapeake, Suffolk, Norfolk, Portsmouth! (Hint www.googlejim.com)
This Area of Southeast Virginia is sometimes called S Hampton Roads, although no matter how much our Chamber of Commerce promotes the name, hardly anyone out of the area knows what S Hampton Roads is or where it is. Now, "South Hampton Roads" consists of 5 Cities; Virginia Beach, Chesapeake, Norfolk, Portsmouth, and Suffolk. No Counties because the Cities over time have absorbed what used to be city/county governments.
Virginia Beach, Chesapeake, and Suffolk all have a large land mass and a less dense population base. Norfolk and Portmouth has a more traditional city type population with less land mass and a more dense population.
Virginia Beach has aPopulation of app 433,000 with a Land Mass of 310 sq miles; Chesapeake has a Population of app 217,000 with aLand Mass of 353 sq miles; and Suffolk a Population of app 82,000 with a Land Mass of 480 sq miles.
Norfolk has a Population of app 239,000 with a Land Mass of 66 sq miles; Portsmouth has a Population of app 99,000 with a Land Mass of 45.5 sq miles.
jim from va beach
www.googlejim.com See All Homes for Sale Online in Virginia Beach, Chesapeake, Suffolk, Norfolk, Portsmouth and all surrounding areas of Va with Full Details, Addresses, Photos And a Calculator at each Home---Plus extensive information about this wonderful and diverse area of S Hampton Roads, including Schools, Bases, City Guides and more! My site is easy to navigate, is updated daily, and no registration is needed. Just enjoy!
Back in March of '09 I had written a blog regarding "have we hit bottom yet in the Housing Market?" This of course was our local area that we were referencing. The area includes Virginia Beach, Chesapeake, Norfolk, Portsmouth, Suffolk, Isle of Wight, Hampton, Newport News, York County and all surrounding areas of Va! My answer then was a definite Maybe??!!
"Have we hit Bottom yet in our Housing market?!" On July 6th, 2009 I'm ready to announce a very definite Probably??!!
The problem in determining a "for sure" knowledge that we've already hit bottom in the Housing market is when 3 things happen:
1) Prices of Homes start increasing in value.
2) Interest rates begin to move upward.
3)Inventory of Homes start decreasing.
Then it's too late!
Our local MLS (REIN) statistics have shown that the volume of Homes sold have increased over the last few months and the Median sales price of Homes have increased over the past several months also. How far behind could the increase in Interest Rates be? The year-over year figures are still down but the gap seems to be closing each month.
If your a 1st time Homebuyer, or selling and moving from a higher priced area, orlooking for a second Home or don't have a Home to sell then this seems to be an especially great time to buy a Home.
My real estate site www.googlejim.com has All Homes for sale in Virginia Beach, Chesapeake, Norfolk, Portmouth, Suffolk, Hampton and all surrounding areas of Virginia and I mean every single Home; it's updated daily, easy to navigate and no registration is needed---just take a look around! Includes full details with addresses, pictures inside and out, and much more! Visit as much as you like with no obligation ever--have fun!
If your waiting for the real estate residential market to bottom out, I believe the time is near. When we reach the bottom, a lot changes in the ride up from the bottom--price of Homes increase; interest rates go up, and inventory of Homes goes down. Anyone in the market to buy a Home "cheap", don't wait too long or it could pass you by. Listen up 1st time Home Buyers and relocating Retirees! Buy low now!
As you know, currently, prices of Homes are low, interest rates are below 5% and a large inventory of Homes are available in all price ranges. Additionally, if you know of anyone that is a first time Home Buyer or hasn't owned a Home for 3 years, then an $8,000 Federal Tax Credit is available from the Government, with no payback requirements.
In many parts of the country, a Home Buyer has the availablity of a Mortgage Payment Protection Plan that will protect the primary bread winner if he/she were to lose their job within 2 years after they close on a newly purchased Home. This plan will pay your House Payment for 6 months, up to $1,800 per month. There is a one time insurance fee usually between $500-$600
My real estate site www.googlejim.com has All Homes for sale in Virginia Beach, Chesapeake, Norfolk, Portmouth, Suffolk, Hampton and all surrounding areas of Virginia and I mean every single Home; it's updated daily, easy to navigate and no registration is needed---just take a look around! Includes full details with addresses, pictures inside and out, interactive mapping and much more! Visit as much as you like with no obligation ever--have fun!
See all Homes for sale in Virginia Beach, Chesapeake, Norfolk and all surrounding areas of Va. Go to any Hyperlink of www.googlejim.com. My site has details, addresses, and photos of all homes--site is updated 3 times daily! Enjoy!
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.
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