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Home Sellers

November Hampton Roads Real Estate Market Review

Take a look at the changes in the market throughout November 2021. The Hampton Roads real estate market is staying steady through the winter months. Although we’ve seen some reduction in competition, we’re still sitting in a Seller’s Market. Median Sales Price At $291,500, homes are selling 6% higher than November 2020. Although buyer activity…

What Happened to Zillow?

At the beginning of the month, Zillow made a huge announcement regarding their “iBuyer” program. The business plan and algorithm that Zillow planned to use to purchase and resell homes completely failed them. The plan involved utilizing an algorithm to price homes to purchase directly and resell all through their website used by millions of…