Chesapeake, VA Real Estate News

By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
Etheridge Manor in Chesapeake, Virginia has long been a neighborhood where people can buy into the desirable Hickory School district at a reasonable price.  Etheridge Manor is part of a network of neighborhoods in the Etheridge area which has long been a Chesapeake favorite.  It also has not undergone the dramatic decrease in prices experienced by many other neighborhoods in Chesapeake, Virginia.  Below you will find a ten and a half year trend report for homes in Etheridge Manor.  These reports illustrate the strength of the market for Etheridge Manor.  One thing you will note is the difference between the price of homes sold and those currently on the market in Etheridge Manor.  This divergence indicates that price adjustments may still be in store for some of the homes on the market ...
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By Gene Allen, Realty Consultant for Cary Real Estate
(Fathom Realty)
Suffolk and Chesapeake are both in the Money Top 100 for 2010.  I won't tell you where they end up but you can read for yourself at CNNMoney.com  I don't live in either city but I do sell real estate in both cities and have friends there also.  They use a lot of criteria and also a lot guru stuff I think. 
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
Sherwood Forest in Chesapeake Virginia has long been a neighborhood with solid home values.  Sherwood Forest is zoned for a highly rated Chesapeake school system which has contributed to its strong track record.  It also has not undergone the dramatic decrease in prices experienced by many other neighborhoods in Chesapeake, Virginia.  Below you will find a ten and a half year trend report for homes in Sherwood Forest.  These reports illustrate the strength of the market for Sherwood Forest.   ****  Data courtesy of the REIN MLS deemed to  be reliable but not guaranteed. For additional information on homes in Sherwood Forest and other Chesapeake Treasures, call Kathryn Maguire (Rose and Womble Realty) at 757-560-0881 or Kathryn@MyAgentKathryn.com. Kathryn Maguire, MBA, GRI, ABR, ASP, SFR...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
One of the many great things about living in Chesapeake is the opportunity to buy a home with some land.  There are many subdivisions comprised of 3 acre parcels and there are large tracts available.  These are neighborhoods where kids can play outside for hours at a time and adults can let their green thumb thrive.  Most of these areas are zoned for horses and it is not unusual to have to slowly drive your car past horseback riders as they take an afternoon ride through the subdivision. Even though many people love this housing option, acreage property has experienced a great than average depreciation as buyers are less willing to pay a premiumm for the land underneath the house.  Below you can see a 10.5 year snapshot of price trends for homes on 2.5 to 5 acres in the Hickory High Sch...
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By Donna Bosze, Ask Me Why I'm Different!
(Realty Executives Top Producers)
My sellers often ask about how to prepare their landscaping for a faster sale, so here are a few tips you can offer them.First, the lawn should be cut, edged and well cared for. Next, your seller needs to remove any dead branches and plants, snip off old flowers and prune out-of-control shrubs. Homebuyers want green, not brown.Create Visual InterestAdvise the seller to divide the yard mentally into small sections. Each section should have a focal point, whether it's a tree, a group of small shrubs, a fountain, some carefully placed rocks, a bench, or a burst of colorful annuals. The line where the house meets the ground should be softened with shrubs or flowers. And, like stair steps, the plantings should begin taller (at the house's foundation) and become shorter as you move out to the...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
This weekend, please come out and visit one of my COOL open houses at this beautiful new construction home in the lovely neighborhood of Summer Park in Chesapeake.  1970 Lemonwood Road will be held open from 10 am to 12 pm on Saturday, July 10, 2010 and from 3-5 pm on Sunday, July 11 2010. The home is ready for you to move in and the builder is offering $5000 in Closing Cost Assistance to be used at the buyer's discretion.  If you combine that with the current record low interest rates, now is a fabulous time to make this home your own.   1970 Lemonwood Road represents 3122 square feet of quality that you will not be able to resist.  It features all of the details that the discriminating buyer desires, including granite counters, master bathroom spa, spacious rooms, CAT5 wiring, and gle...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
Las Gaviotas has long been a favorite location for many people looking for a home in Chesapeake, Virginia.   Las Gaviotas has a large number of townhouses on the Cedar Road side of the development.  In this area, buyers will find moderately priced homes which still provide a desireable location in a highly-rated school district.  Below you will find a ten and a half year trend report for attached homes in Las Gaviotas.  As you can see, Las Gaviotas attached homes enjoyed a rapid appreciation in the early part of the decade but have not observed the dramatic declines seen in other neighborhoods. ****  Data courtesy of the REIN MLS deemed to  be reliable but not guaranteed. For additional information on homes in Las Gaviotas and other Chesapeake Treasures, call Kathryn Maguire (Rose and W...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
Woodards Mill is a long-time premier neighborhood in Chesapeake, Virginia.  All lots are three acre and it is an ideal place for someone who would like privacy and space.   Below you will find a ten and a half year trend report for homes in Woodards Mill.  Like other premier neighborhoods, Woodards Mill has experienced a softening in demand, particularly for those homes at the higher end of the price spectrum.  As a result, the average prices have plummeted.  This data should not be construed as an indication that all homes in Woodards Mill have undergone a uniform decrease in value. However, the trend lines do indicate that further price reductions may be in order if one truly wants to sell their Woodards Mill home. ****  Data courtesy of the REIN MLS deemed to  be reliable but not gua...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
I recently wrote a blog about the beautiful neighborhood of Forest Lakes in Chesapeake, Virginia.  Forest Lakes has long been a strong neighborhood in terms of its value and has not undergone the dramatic decrease in prices experienced by many other neighborhoods in Chesapeake, Virginia.  Below you will find a ten and a half year trend report for homes in Forest Lakes.  These reports illustrate the strength of the market for Forest Lakes.   ****  Data courtesy of the REIN MLS deemed to  be reliable but not guaranteed. For additional information on homes in Forest Lakes and other Chesapeake Treasures, call Kathryn Maguire (Rose and Womble Realty) at 757-560-0881 or Kathryn@MyAgentKathryn.com. Kathryn Maguire, MBA, GRI, ABR, ASP, SFR, e-PRO REALTOR (Cell) 757-560-0881 (Office) 757-436-363...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
Cedarwood is lovely neighborhood with reasonably priced homes.   Below you will find a ten and a half year trend report for detached homes in Cedarwood in Chesapeake, Virginia.  These reports illustrate the strength of the market for Cedarwood.  The data below is for homes that are not part of the condominium community that is located on the Cedar Road side of the development. ****  Data courtesy of the REIN MLS deemed to  be reliable but not guaranteed. For additional information on homes in Cedarwood and other Chesapeake Treasures, call Kathryn Maguire (Rose and Womble Realty) at 757-560-0881 or Kathryn@MyAgentKathryn.com. Kathryn Maguire, MBA, GRI, ABR, ASP, SFR, e-PRO REALTOR (Cell) 757-560-0881 (Office) 757-436-3636 (Fax) 757-390-3775 mailto: kmaguire@roseandwomble.com RedWhiteAndB...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
Wilson Heights is a great neighborhood in which you can find a solid home at a reasonable price.   Below you will find a ten and a half year trend report for detached homes in Wilson Heights in Chesapeake, Virginia.  These reports illustrate the strength of the market for Wilson Heights.   ****  Data courtesy of the REIN MLS deemed to  be reliable but not guaranteed. For additional information on homes in Wilson Heights and other Chesapeake Treasures, call Kathryn Maguire (Rose and Womble Realty) at 757-560-0881 or Kathryn@MyAgentKathryn.com. Kathryn Maguire, MBA, GRI, ABR, ASP, SFR, e-PRO REALTOR (Cell) 757-560-0881 (Office) 757-436-3636 (Fax) 757-390-3775 mailto: kmaguire@roseandwomble.com RedWhiteAndBlueRealEstate.com Join Me On Twitter:  KathrynMaguire Call Me on Skype:  MyAgentKath...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
Las Gaviotas has long been a favorite location for many people looking for a home in Chesapeake, Virginia.   Below you will find a ten and a half year trend report for detached homes in Las Gaviotas.  These reports illustrate the strength of the market in this particular area.   ****  Data courtesy of the REIN MLS deemed to  be reliable but not guaranteed. For additional information on homes in Las Gaviotas and other Chesapeake Treasures, call Kathryn Maguire (Rose and Womble Realty) at 757-560-0881 or Kathryn@MyAgentKathryn.com. Kathryn Maguire, MBA, GRI, ABR, ASP, SFR, e-PRO REALTOR (Cell) 757-560-0881 (Office) 757-436-3636 (Fax) 757-390-3775 mailto: kmaguire@roseandwomble.com RedWhiteAndBlueRealEstate.com Join Me On Twitter:  KathrynMaguire Call Me on Skype:  MyAgentKathryn http://ww...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
I recently wrote a post on the neighborhood of Emerald Greens in Chesapeake, Virginia.  Below you will find a ten and a half year trend report for the neighborhood which illustrates the strength of the market in this particular area.  Please note that there were no sales during 2007 and this resulted in a dip in the trend line. I am also pleased to note that my listing, located at 1307 Baffy Loop, will be closing on the 15th of July.   If you are interested in learning more on how I got this home sold in a tough market, feel free to call me. ****  Data courtesy of the REIN MLS deemed to  be reliable but not guaranteed. For additional information on homes in Emerald Greens and other Chesapeake Treasures, call Kathryn Maguire (Rose and Womble Realty) at 757-560-0881 or Kathryn@MyAgentKath...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
I recently wrote a post on the neighborhood of Cheshire Forest in Chesapeake Virginia.  Below you will find a ten-year trend report for the neighborhood which illustrates the strength of the market in this particular area.         * Data courtesy of REIN MLS deemed accurate but not guaranteed.   For additional information on homes in Cheshire Forest and other Chesapeake Treasures, call Kathryn Maguire (Rose and Womble Realty) at 757-560-0881 or Kathryn@MyAgentKathryn.com. Kathryn Maguire, MBA, GRI, ABR, ASP, SFR, e-PRO REALTOR (Cell) 757-560-0881 (Office) 757-436-3636 (Fax) 757-390-3775 mailto: kmaguire@roseandwomble.com RedWhiteAndBlueRealEstate.com Join Me On Twitter:  KathrynMaguire Call Me on Skype:  MyAgentKathryn http://www.linkedin.com/in/MyAgentKathryn  Licensed in Virginia
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
Cheshire Forest has long been one of Chespeake Virginia's desireable neighborhoods.  Cheshire Forest is a neighborhood with wide winding streets and cul-de-sacs lined with well manicured and lanscaped yards.  A neighborhood with a variety of homes that range from one to two-story, brick to vinyl.  Some homes in Cheshire Forest have expansive front porches, others have substantive backyards.  Homes in Cheshire Forest were primarily built in the mid-90's, although some are newer construction.   There are a few man-made lakes within the grounds of Cheshire Forest and these green spaces provide a wonderful area for neighbors to enjoy the natural beauty of their neighborhood.  In addition, Cheshire Forest has a few playgrounds that also provide a pleasant diversion.  The central hub for Ches...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
Fortunately, in Chesapeake, Virginia, we have not been plagued with a spate of foreclosures and short sales which have a negative impact on prices.  During the period June 5 - July 5, 2010, 57 detached homes have sold in the area code 23322 for Chesapeake Virginia.  Of those, 4 were Bank-owned properties (Foreclosures), 5 were short sales and 48 were traditional sales. This data was provided by the REIN MLS which may not include all sales within the area code 23322.  For example, For-Sale-By-Owner sales are not included in the data.  However, FSBOs are not a significant portion of real estate sales within Chesapeake, Virginia. For additional information on homes sales in Chesapeake, Virginia, call Kathryn Maguire (Rose and Womble Realty) at 757-560-0881 or Kathryn@MyAgentKathryn.com. Ka...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
Summer Park is a charming area of new construction that features mature trees and the feel of a "traditional neighborhood".  Elegant new construction is gradually replacing some of the older homes in the neighborhood. Summer Park is a place where people enjoy walking outside and enjoying the sounds of birds.  There are several builders represented within Summer Park, and they are offering a wide variety of price points to satisfy a range of buyer requirements. Summer Park is currently zoned for the much desired Grassfield High School, the newest and most technologically advanced high school in Chesapeake. Four homes have sold in Summer Park within the past three months.  The particulars for the sales are listed below: Address                        Sq Ft    #BR    #BA    Date Closed    ...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
Open house on Saturday, July 3 from 1:00 pm to 3:00 pm at 1970 Lemonwood Road in the neighborhood of Summer Park, Chesapeake Virginia. Please stop by and take a tour of this lovely new construction in Summer Park on Saturday, July 3 from 1 to 3 pm.  The home is ready for you to move in and the builder is offering $8000 in Closing Cost Assistance to be used at the buyer's discretion.  If you combine that with the current record low interest rates, now is a fabulous time to make this home your own.   1970 Lemonwood Road represents 3122 square feet of quality that you will not be able to resist.  It features all of the details that the discriminating buyer desires, including granite counters, master bathroom spa, spacious rooms, CAT5 wiring, and gleaming hardwood floors.  1970 Lemonwood Ro...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
Emerald Greens in the Greenbrier area of Chesapeake, Virginia has long been one of Chesapeake's premier neighborhoods.  Emerald Greens is located on the golf course of the Greenbrier Country Club and the homes are quite impressive in their style and sheer size.  Most of the homes are two to three story designs, although you can find a few single story ranch homes in Emerald Greens.  The building standards within Emerald Greens are strictly maintained via the architectural committee which ensures that the building standards are adhered to by all in the community.  Exteriors in Emerald Greens are mostly brick or EIFS, although you can find a few with vinyl siding.   The homes in Emerald Greens are all custom-designed and many are breathtaking in the opulence of their design and appointmen...
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By Kathryn Maguire, Serving Chesapeake, Norfolk, VA Beach
(GreatNorfolkHomes.com (757) 560-0881)
One of my most favorite neighborhoods in Chesapeake is the neighborhood of Forest Lakes.  Forest Lakes is located between Waters Road and Washington Road and features a central circular drive (aptly named Forest Lakes Circle) and several offshoot avenues and cul-de-sacs.  The street names in Forest Lakes evoke the name of every tree imaginable...Maple, Pecan, Spruce, Cherry and Walnut, to name a few.  The homes were built starting around 1990 and there are a few new construction homes available on the Waters Road side of the development. Houses in Forest Lakes range from single story ranch homes to grand two story homes.  Forest Lakes was once the site of Home-arama and some of the homes have extra pizazz that you do not always find in other developments.  Although, at this time, some o...
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