📍 Thinking of Buying a Home in Hampton Roads This Summer? Here’s What You Need to Know
Summer is almost here, and with it comes one of the busiest real estate seasons in Hampton Roads. If buying a home is on your mind this year, now’s the time to get serious — and get smart.
At Virginia 1st Realty Group, we’re already seeing signs of a fast-moving summer market. Buyers are active, sellers are motivated, and competition is heating up across Smithfield, Suffolk, Chesapeake, and surrounding areas.
Here’s what to keep in mind if you plan to buy this season:
🏡 1. Get Pre-Approved Before You Shop
The first step is knowing what you can afford. Getting pre-approved helps you:
Understand your budget
Strengthen your offer in a competitive market
Avoid delays when you find the right home
Local lenders are moving fast — but so are other buyers. Having your pre-approval letter ready gives you a real advantage.
📊 2. Expect Competition, Especially Under $400K
Homes priced under $400,000 are moving quickly. Many receive multiple offers within days — some within hours. Don’t be discouraged, just be prepared:
Work with a responsive, local agent
Know your must-haves vs. nice-to-haves
Be ready to write a strong, clean offer
At Virginia 1st Realty Group, our team helps buyers stand out by guiding them through strategies like escalation clauses, flexible terms, and even local market timing.
🌳 3. Don’t Skip the Inspection
It’s tempting to waive inspections when you’re trying to win a bidding war. But we encourage you to think twice. A home is one of the biggest investments you’ll ever make — and skipping the inspection could lead to costly surprises later.
We can recommend experienced local inspectors who know what to look for in Hampton Roads homes, from crawl spaces to coastal weather impact.
💬 4. Work With a Local Expert
The Hampton Roads market isn’t one-size-fits-all. Each city — from Isle of Wight to Newport News — has its own pricing trends, neighborhood quirks, and property taxes. That’s why working with a local agent who knows the terrain makes all the difference.
Our agents at Virginia 1st Realty Group live and work right here in your backyard. We don’t just help you buy — we help you buy smart.
📍Ready to make your move? Call us today at 757-371-7011 or stop by our office at 915 S Church St in Smithfield. Let’s talk strategy, neighborhoods, and how we can help you find the perfect place to call home.
