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Distressed Sales Down

February 28, 2013 By admin

Foreclosed property in January was reported as selling at a 20 percent discount, while short sale properties sold at a 12 percent average discount according to the January REALTORS® Confidence Index. Approximately 24 percent of sales were distressed … [Read more...]

Commercial Rentals and Sales

February 27, 2013 By admin

Approximately three to four percent of REALTORS® report a commercial rental every month. On an annual basis, this would be in the neighborhood of 175,000 rental transactions per year. In addition, approximately three percent of REALTORS® report a … [Read more...]

Increasing REALTOR® Optimism Reported in January

February 26, 2013 By admin

The REALTORS® Confidence Index (RCI) Report provides monthly information about expectations for overall market conditions, buyer/seller traffic, price, buyer profiles, and issues affecting real estate. REALTORS® in the January report generally … [Read more...]

Diffusion Index of Foot Traffic: Improving

February 5, 2013 By admin

Every month SentriLock, LLC. provides NAR Research with data on the number of properties shown by a REALTOR®.  Foot traffic has a strong correlation with future contracts and home sales, so it can be viewed as a peek ahead at sales trends two to … [Read more...]

Foreclosed Real Estate Selling at a 17 Percent Discount

January 31, 2013 By admin

Based on information from the December 2012 REALTORS® Confidence Index Survey, distressed (foreclosed and short sale) property sold at a 16-17 percent discount in December. The discount to market is affected by the property’s physical condition. The … [Read more...]

Thirty-One Percent of Houses Sold in Less than One Month in December 2012

January 30, 2013 By admin

Tight inventory and multibidding have led to shorter days on the market. Based on information gathered from the December 2012 REALTORS® Confidence Index Survey, about 31 percent of REALTORS® who sold a home reported that the property sold in less … [Read more...]

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Century 21 Nachman Realty
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Office Locations

Chesapeake/Suffolk


3325 Taylor Rd., Suite 107
Chesapeake, VA 23321
(757) 638-5700
(800) 556-1611
(757) 638-5800

Norfolk


1512 East Little Creek Rd.
Norfolk, VA 23518
(757) 480-2121
(800) 441-2112
(757) 480-0324

Elizabeth City


1825 W City Drive, Suite G
Elizabeth City, NC 27909
(252) 331-1300
(866) 288-7413
(252) 331-1325

Virginia Beach/Chesapeake


1201 Lake James Dr., Suite 201
Virginia Beach, VA 23464
(757) 424-0202
(800) 539-0238
(757) 424-9531

Newport News


720 Thimble Shoals Blvd.,
Suite 116
Newport News, VA 23606
(757) 833-8400
(800) 539-8014
(757) 833-0545

Williamsburg


1031 Richmond Rd.
Williamsburg, VA 23185
(757) 220-8205
(800) 369-8206
(757) 229-3196

Kitty Hawk


4628 North Croatan Hwy.
Kitty Hawk, NC 27949
(252) 261-6400
(800) 282-6401
(252) 261-1400

At the Beach


1092 Laskin Road, Suite #204
Virginia Beach, VA 23451
(757) 264-6530
(757) 233-7921

Gloucester County Office


5103 George Washington Memorial Highway
Hayes, VA 23072
(804) 331-0422
(800) 539-8014
(757) 833-0545

Norfolk Property Management


1547-A E. Little Creek Road, Suite #100
Norfolk, VA 23518
757-583-1801
757-583-2343

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CENTURY 21® and the CENTURY 21 Logo are registered service marks owned by Century 21 Real Estate LLC. Nachman Realty, L.L.C. fully supports the principles of the Fair Housing Act and the Equal Opportunity Act. Each office is independently owned and operated. Any services or products provided by independently owned and operated franchisees are not provided by, affiliated with or related to Century 21 Real Estate LLC nor any of its affiliated companies.

CENTURY 21® is a registered trademark licensed to Century 21 Real Estate LLC.

Equal Housing Opportunity. Each Office Independently Owned and Operated.