Realtor Drick's Real Estate Blog

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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.
RECENT BLOG POSTS
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 ...
03/20/2011
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. ...
03/17/2011
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...
03/13/2011
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 ...
03/06/2011
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 ...
03/06/2011
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...
02/27/2011
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...
02/23/2011
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...
02/20/2011
Last week's data showed another slight decrease in REO properties as a portion of available inventory on the market in Southside Hampton Roads.  In fact, Portsmouth was the only city with an increase in bank owned properties on the market. If you are considering buying a foreclosed property, cont...
02/20/2011
707 North St Portsmouth, VA Click For Listing Website Click For Interactive e-Tour Located just a few blocks from the Portsmouth Naval Hospital in Old Towne, this brick townhouse style condo is ideal in location, features, size, and price. The great room has a wood burning fireplace with separat...
02/15/2011
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Drick Ward PropertyManagement / Broker Assoc

"RealtorDrick" - Experienced Representation
local_phone757-512-8960
smartphone757-575-5156
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