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I'm encouraged that our economical & financial analysts have a positive outlook toward things turning around sooner than later. Since we had such a strong real estate market going into this unfortunate season, we should be able to rebound rather quickly. Take a look at this article from: 
So, what's going on in Hampton Roads Real Estate? Every Realtor I know will tell you that they are surprisingly busy! Now we know that "busy" doesn't necessarily translate into homes being sold so let's look at the data:
From April 23-May 23, 2019 in Hampton, Newport News, & Yorktown there were 546 closed home sales with an average of 33 days on market and a sales price/sq ft of $119.46. 
Today, same area, same date range for 2020, we are looking at 443 homes that have sold withan average of 37 days on market at a sales price/sq ft of $123.
Personally in the last 30 days, I've listed 8 new homes, put 4 under contract and sold 4 in Newport News, Yorktown, & Gloucester, so yes, Jennifer & I have been busy resulting in sales and new listings! 
All things considered, it looks like we are still in a great place real estate wise in our local area and will only see continued improvement in the upcoming months as we are released to "normalcy"!
Hope you have a wonderful Memorial Day Weekend with those you get to celebrate with! 
Wishing you much peace and joy from my home to yours, Dana

Are you or someone you know looking for a new home? Please see my current listings by going to website:

Berkshire Hathaway HomeServices Towne Realty
Dana Robbins

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1 Old Oyster Point Rd. Ste. 210 Newport News, VA 23602 | (757) 873-6900

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