Ruben's Hampton Roads StatSnap - Feb. 1-15, 2012 (VBch)*
As we approach the Spring season, we are sure to see a rise in activity in our local market. However, it is important to realize that we are still considered to be in a "Buyer's Market". Therefore Sellers should continue to be patient with their listings, give serious consideration to pricing, and make certain their property shows as well as possible.
With mortgage interest rates still around 4% for 30 year fixed loans, this is an all time Carpe Diem moment to PURCHASE!! Rental rates are forecast to rise over 2012, so it would benefit current renters to take full advantage of this buying season to avoid the anticipated surge in rental hikes. Investors... you too can grab hold of some tremendous investment opportunities!
*Source: REIN MLS (Real Estate Information Network Multiple Listing Service)
If you are looking to buy or sell real estate in Hampton Roads, please call Ruben Vera at 757-581-9058 or email me at only1ruben@hotmail.com. I'd love to serve as your Realtor! Only1Ruben.com
