The first homes in Kempsville Crossing were constructed in late 2003, only 59 homes were built.  The neighborhood is situated on a single street that ends at large and recently updated city park.  The park connects both Kempsville Crossing Lane and Alexandria subdivisions. On average, many of the homes are valued in the 340's, currently there are almost 5 properties available.  At last check a 4 bed room home, with the master bedroom and hot tub is listed well below what the other homes are selling.  03/26/2007

PLANTATION LAKES Real Estate StatisticsNumber of listings:  111  of which 64 SoldMin List Price $184,000Min Sell Prce$184,000Average SP/LP Ratio98.15% Max List Price $859,000 Max Sell Price$820,712Average DOM72 Average List Price $467,690 Average Sell Price$416,974 Median List Price$399,900Median Sell Price$336,000      Chesapeake Real Estate 03/25/2007

Landstown Real Estate StatisticsNumber of listings:  91  of which 64 SoldMin List Price $169,900Min Sell Prce$175,000Average SP/LP Ratio98.77% Max List Price $349,900 Max Sell Price$348,000Average DOM54 Average List Price $277,936 Average Sell Price$269,874 Median List Price$279,900Median Sell Price$275,750      Landstown is in the princess anne are of virginia beach.  Recently the city built Landstown high school to help with the residential increase which had resulted in a rise of students.  Landstown allows quick access to Naval Base Oceana Master Air field, and Damneck Naval base, as well as its proximity to the resort area. Virginia Beach Real Estate 03/25/2007

Charlestowne Real Estate StatisticsMarch 2006 to March 2007 Number of listings:  91  of which 64 SoldMin List Price $218,500Min Sell Prce$198,000Average SP/LP Ratio98.71% Max List Price $399,900 Max Sell Price$399,900Average DOM49 Average List Price $271,681 Average Sell Price$267,898 Median List Price$269,900Median Sell Price$260,950      Virginia Beach Real Estate 03/25/2007

CHARLESTOWNE is  definitely a unique Kempsville neighborhood, some say it is a community divided. CHARLESTOWNE has about 1,359 single family homes and is made up of 4 separate subdivisionsCHARLESTOWNECHARLESTOWNE LAKESCHARLESTOWNE LAKES SOUTHCHARLESTOWNE WOODSLocated between Kempsville road and Centerville Turnpike residents have many points to enter and exit this neighborhood providing them quick access to shopping centers, malls and  interstates.  Virginia Beach Real Estate 03/25/2007

The ALEXANDRIA  neighborhood is located in the Kempsville area of Virginia Beach.  Located only minutes from Greenbrier mall and close to Lynnhaven and Pembroke mall.  There several city parks and neighborhood parks maintained by the City Of Virginia Beach, many of which have been recently updated with new equipment.   Alexandria was established in the mid to late 1980's and offers a variety of homes.  From 1 story homes with garages to large 2 story homes boasting cathedral ceilings.  This neighborhood offers great opportunities for anyone searching for a home.  ALEXANDRIA is not a neighborhood under a home owners association.  However ALEXANDRIA does have a very active civic league.Virginia Beach Real Estate 03/25/2007

The Alexandria subdivision is located in the Kempsville area of Virginia Beach. With over 1,000 homes built in the mid 80's Alexandria offers several City owned neighborhood parks and has an acitve Civic League. Alexandria is conveniently located and provides quick access to Greenbrier mall, Lynnhaven Mall, Regent University and easy access to the express way.  Alexandria StatisticsNumber of listings:  82  of which 55 SoldMin List Price $234,900Min Sell Price$230,000Average SP/LP Ratio99.45% Max List Price $360,000 Max Sell Price$319,900Average DOM38 Average List Price $276,422 Average Sell Price$272,312 Median List Price$275,000Median Sell Price$275,000       Virginia Beach Real Estate 03/25/2007

Brigadoon Real Estate Statistics from 3/2006 to 3/2007Sold47Listed25SOLD HOMESMin Sell Price$225,900Max Sell Price$379,900Avrg Sell Price$307,624Med Sell Price$310,000Avrg DOM51Sp/Lp Ratio98.87%Active ListingsMin List Price$219,900Max List Price$385,000Avrg List Price$316,387Med List Price$3234,900Virginia Beach Real Estate 03/25/2007

Brigadoon is a Kempsville community that was built in the mid 1970's and consists of approximately 1,365 single family homes.  Due to the year the neighborhood was established it is not required by local regulations to have a Home owners association.  Instead Brigadoon has the Brigadoon Civic League which is a voluntary group of home owners that help maintain the neighborhood.  The Bridadoon civic leagues web site can be found at ( http://orgsites.com/va/bcl/ ). Virginia Beach Real Estate 03/25/2007

There is a saying in real estate that the first offer is the best offer. I can't say this is true 100% of the time, but it is certainly true the majority of the time.Many times, sellers will ask if they should hold out for a better offer if the offer comes after only a few days on the market and  most of the time I would say, NO.The best market time is the first 30 days. This is when the pool of buyers looking for homes will see it and the real estate community is the most excited about it. If the house is priced right and in good marketable condition, there should be an offer during this time. In a strong seller's market, you might want to wait a couple of days after the listing hits the MLS before negotiating offers. But, in the current buyer's market, it is a gamble to turn down a we... 03/23/2007

Every day that I am out at Startbucks, or going door to door in Virginia Beach or Chesapeake I get the same basic question from buyers and sellers.  "Is it a good time to Buy?" or "Is it a good time to sell?".   Both groups see the large number of homes for sale through out the Virginia Beach and Chesapeake areas, so it is no wonder that they have the same basic question.  Looking at our local MLS today we have 223 new listings in Hampton Roads, 103 pending sales and 94 sold this is pretty much the average for our area.  Buyers want to know if they are going to get a good deal, and sellers want to know if they are going to get a good deal.  Neither wants to lose any money.  Buyers don't want to shell out money for closing costs, sellers want to limit the amount of money they shell out f... 03/21/2007

Wow,  I have spent a couple of hours on this site.. setting it up, inviting people etc,  I would consider this time well spent on a cold nasty day - oh I forgot it is the first day of Spring shouldn't it be sunny and nice out?   This is a wonderfully intutive system, it keeps to the KIS principle.  I am looking to network with Real Estate agents, loan officers.  if  you have clients or friends that are looking to relocate to the Hampton Roads area I can be easily reached.  03/21/2007

I was up crunching numbers last night, comparing sales trends for the month of February 2002 - 2006 and as suspected sales peaked in 2005 and stayed even with only a very slight increase in the average sales price, a whopping $10,000.  But atleast that is up, instead of down!   What I found didn't surprise me at all, but tells me that the real estate market is still healthy.  I would call it Normalized.  Yes like every where else, we are no longer measuring Days On Market (DOM) in days or hours but instead in months in the area I ran the numbers the DOM was about 50.  This is a win-win for both the sellers and buyers.  Sellers are still walking way from the table with considerable cash in hand, and buyers are getting alot of their closing costs paid by the seller.  Everyone is happy. Th... 03/21/2007

Pre-Qualification:You need to meet with a mortgage broker and find out how much you can afford to pay for a home. Pre-Approval: When you know how much you can afford the seller will be much more receptive to you as a potential buyers because you have been pre-approved. You'll also avoid being disappointed when going after homes that are out of your price range. When you are Pre-Approved, it is easier to apply for a mortgage and receives a commitment in writing from a lender. This way, assuming the home you're interested in is at or under the amount you are pre-qualified for, the seller knows immediately that you are a serious buyer for that property. What are the costs for pre-approval? Lenders will usually permit you to pay them when you close your loan. Make a List of Needs & Wants: Y... 01/16/2007