Available foreclosed properties were up 4% in Southside Hampton Roads for the week ended July 25th with 946 REO listings and 9168 non-REO listings available. Chesapeake and Portsmouth each posted 9% gains over the prior week, Norfolk a 6% gain, and Virginia Beach remained constant with 300 REO's. Suffolk actually lost 2% from the prior week.
If you are considering purchasing an REO property, you need an agent who knows the market and can assist you in locating the best possible opportunity for your unique situation. Call Drick today.
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