Foreclosure Inventory in Hampton Roads Stabilizes

Real Estate Agent with NEPTUNE REALTY 0225-075558

The foreclosure inventory for the week ended August 7th increased slightly in both REO and non-REO properties.  The REO properties continue to represent a fraction of the overall inventory (about 8%), but there are many good deals available.

Foreclosures On The Market in Hampton Roads

There are still ample opportunities to get a great deal on a home, but it's a good idea to act quickly before interest rates get too crazy.  Most mortgages now are fixed rate, so locking in today at a reasonable rate could be the smartest move you can make.

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Search the MLSDrick Ward, Realtor and Broker Associate    757-575-5156

Neptune Realty - Virginia Beach, Virginia


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