Realtor Drick's Real Estate Blog

Real Estate Agent - NEPTUNE REALTY - 0225-075558
Drick Ward's blog about all things real estate. Call Drick Ward, Broker Associate at Neptune Realty at 757-575-5156 for all of your real estate needs. Serving all 7 cities of Hampton Roads from Virginia Beach.
2537 Springhaven Dr Virginia Beach, VA Click For Listing Website Click For Interactive e-Tour All foreclosure properties are NOT equal. This house makes a bold statement with an open floor plan, a cat walk hallway overlooking the family room with fireplace below. Two bedrooms have walk-in closet...
Each week of 2011 the foreclosure counts for Southside Hampton Roads have maintained a downward trend both in raw count and a percentage of available inventory.  This week continued that trend. As the graph above shows, non REO inventory (represented by the red bars and measured on the left) has ...
Yet again, the downward trend continues in REO properties as a percentage of available inventory in Southside Hampton Roads. If you are considering a foreclosure in Hampton Roads, this data indicates that time may be running out for getting the best possible selection.  Call today to let me help ...
I'm proud to be part of an industry that truly strives to help those in need.  Whether it's a need for affordable housing, or need for help after a terrible disaster like we've seen in Japan.  By scanning the QR Code below and sending the message, you can donate $10 to the Red Cross to help out. ...
For the first time since the end of October 2010, foreclosure inventory fell below 11.0% of available inventory for Southside Hampton Roads.  This is indeed encouraging news for the overall housing market, but it also is a strong indicator that the optimal time to buy could be slipping away. If y...
Advertising a rental property on Craigslist can be a bit dicey.  Scammers often copy your legitimate ad, photos and all, then repost it as their own.  When a prospective tenant makes contact, the person posing as the owner, says they are in the process of firing their management company and want ...
In spite of the national rumors of shadow inventory of foreclosure properties, foreclosures as a percentage of available inventory continue to fall in Southside Hampton Roads.  For every week since we turned our calendars to 2011.  This chart shows inventory in the 5 cities of "Southside Hampton ...
Bank owned properties represent a percentage of available inventory on the market.  This week, that number again fell continuing the trend in place since December 2010.  Chesapeake and Virginia Beach had no net change in REO counts for the week, while Suffolk had more than a 10% decrease in REO i...
5232 Norwell Ln Virginia Beach, VA Click For Listing Website Click For Interactive e-Tour Over 2500 square feet of spacious luxury in Virginia Beach. This detached single family house has high ceilings and a great open floorplan. A covered front porch leads to the inviting foyer with sweeping st...
This week, an increase in non-REO inventory combined with a decrease in REO inventory to bring the counts lower for the seventh straight week of decline.  This is the lowest it has been thus far in 2011.  Although the REO inventory rose sharply toward the end of 2010, many banks were offering spe...

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