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Norfolk VA Real Estate For Sale: 9524 8th Bay Street

August 8th, 2008 by Dave Macklin

Vacation every day! This is not just a house, this is a lifestyle.
9524 8th Bay Street, Norfolk VA 23518

Vacation every day! This is not just a house, this is a lifestyle. This 4 bedroom, 2.5 bath house is on Pretty Lake in Norfolk VA and has a boat slip with a 10,000# boat lift. Set sail from your boat slip and within minutes you’re on The Chesapeake Bay.

Fantastic views of Pretty Lake from either deck, cathedral ceilings and skylights add to the airy and comfortable feeling of this transitional style house. Fireplace, eat in kitchen, separate master suite level, 2 zone HVAC, utility room, and a home warranty too!

If you only have time to see one house…. This should be the one you see! It will make you instantly feel like you have come home for good. Thoughtfully designed & built, perfectly maintained, . Nothing left to chance here. Great neighborhood, convenient to everything, yet off the beaten track so you won’t have traffic problems. Nice neighbors? YES! One of the nicest group of people you will ever have the pleasure of meeting.

Give us a call to schedule your private viewing, 866-222-0158 #550. Search all Norfolk real estate and homes for sale.

Norfolk VA Real Estate: Homes for Sale – 1820 Lakeland Drive S

May 30th, 2008 by Dave Macklin

Norfolk VA Real Estate for sale:

1820 Lakeland Drive S
Norfolk VA 23518
MLS# 0823063

Everyone enjoys the flexibility of a Cape style house. This 1 and 1/2 story traditional Cape has two bedrooms upstairs and two bedrooms on the first level. You can spread out in this house with the family room, living room, study, eat in kitchen and two baths! Separate laundry/utility room plus pull stairs to the attic. Located in the Norfolk VA neighborhood of Bromley, the nicely landscaped yard offers plenty of space for all your outside activities. The fenced back yard features a patio and hot tub for added enjoyment!

For more information on 1820 Lakeland Drive S or other Norfolk Va real estate, visit our website, ButlerTeamHomes.com. Search all Norfolk real estate listings.

Other articles of interest:
South Hampton Roads Real Estate Area Market Report Norfolk Statistics
Virginia Beach Real Estate: Hampton Roads Market Trends-April 2008

Norfolk VA Real Estate: Market Report April 2008

May 28th, 2008 by Dave Macklin

A flat pattern in Norfolk VA real estate sales activity could continue for the next couple months before improving over the summer, according to the latest forecast by the National Association of Realtors®.

Lawrence Yun, NAR chief economist, said the extent of an expected recovery hinges on better access to affordable loans. “Things are beginning to improve, but the availability of affordable mortgages is uneven around the country and sometimes within metropolitan areas,” he said. “As anticipated, we continue to look for a soft first half of the year, for both housing and the economy, before notable improvements in the second half. Some time is needed for FHA and new conforming jumbo loans to become widely available.”

Let’s take a look at the Norfolk VA real estate market activity for this April to see how the spring is looking so far: 

Norfolk

Sold
Listings

Median
Sale Price

Average
Sale
Price

Average Days
On Market

April 2008

 180

$227,000

$259,405

87

April 2007

221

$209,400

$250,720

57

The number of sold Norfolk VA real estate listings dropped dramatically this April. Sales were down 41 percent compared to April 2007, with 41 less homes sold. The median sale price increased 8 percent or $17,600, while the average sale price also increased 3 percent or almost $8,865. Market times increased 53 percent to 87 days.

As you can see, Norfolk VA real estate sales have not started to rebound. This strong buyers market means Norfolk VA sellers need to price their homes competitively and have them in tip-top condition for buyers to think twice about buying.

Norfolk VA home buyers have all the balls in their court. Inventory is high. Prices are moderate and interest rates are near historic lows.

Read more about Norfolk VA real estate market trends:
Virginia Beach Real Estate: Hampton Roads Market Trends-April 2008
South Hampton Roads Real Estate Area Market Report-Chesapeake Statistics
South Hampton Roads Real Estate Market Report March 2008
Hampton Roads & Virginia Beach Real Estate Market Trends

Norfolk VA Real Estate For Sale – 627 W 34th Street

March 24th, 2008 by Dave Macklin

627 W 34th Street, Norfolk VA 23508 – Norfolk Va real estate for sale!

Great property for the owner occupant; rent one unit and live in the other.  This three bedroom over/under duplex in Park Place has been completely renovated including newer furnaces, air conditioning, appliances, kitchen cabinets, flooring, windows and doors.  Looking to enter the real estate market?  This turn key property is just the place.   Looking for a hassle-free investment property where your ‘Return On Investment’ is in the black? This duplex is the perfect opportunity for either the first time buyer or the experienced investor.Each unit is three bedrooms and 1 bath.  Each unit has a private front and rear entry.  The front entry (keyed) has one exterior door that then allows entry to a small lobby area where each unit has it’s private, keyed entry.

So, the appearance is a single family home, giving you a warm feeling rather than ‘Just another apartment.’  Once inside it is as though you are the only one there.  Total privacy and comfort for each unit.

Why not let someone else make most of your mortgage payment for you rather than paying it all yourself?  BUT, you get to reap the rewards of real estate appreciation.  Then in the future you can move up to a new place and keep this one as a “positive cash flow property”.   OR, if you are looking strictly for an investment, here is the chance for positive cash flow from the very first day. 

You see the TV shows touting smart real estate investing….. Here is YOUR chance to take part and Invest in Norfolk VA real estate!  Show your friends your real estate savvy!! Give us a call today @ 866-222-0158 #550 to schedule your private viewing.

For more information on Norfolk VA real estate or homes for sale anywhere in Hampton Roads, visit our website, ButlerTeamHomes.com. Automate your Norfolk VA home search with New Listing Alerts.


To begin your search for the perfect home or to sell your home in the Virginia Beach area,
call Dave Macklin and The Butler Team at 866-222-0158 #550.