Market Trends
Stayed informed on whether you’re moving to a buyer’s market or seller’s market so that you’re prepared and ready when it is time to chat with a lender or real estate agent at your next duty station or forever home location. Our market information reports are available for the entire nation and are updated every Monday giving you the most current information on market trends around the country.
MARKET DATA
How's the Market?
Great question! This real-time market profile report will tell you everything you need to know, providing a data-driven analysis of the market and a quick explanation of what that data means for the area you are moving to.
The real estate market is hyper-local, so while national trends, such as the price of lumber in spring 2021, may affect the national housing market, local markets will vary wildly from the national one based on local economic trends. This report provides a great holistic overview of the market, and will also vary based on market segment--meaning the various price points within the local housing market. Click through the market profile and review the charts further. Select "market segments" to learn more about the particular price point you are interested in, and learn how long homes at the price point stay on market for and the average number of bedrooms and age of homes at the price! Your real estate agent will wonder how you're so informed on a market you've never even been to!
Base culture
The greater Virginia Beach, VA, area is home to nine military installations and over 14,000 military personnel representing all branches of the Armed Forces, including the world’s largest naval base and home of the Atlantic Fleet. Bases in the area include Naval Air Station Oceana, Joint Expeditionary Base Little Creek–Fort Story, Naval Station Norfolk, Joint Base Langley–Eustis, Naval Air Station Oceana Dam Neck Annex, Norfolk Naval Shipyard, Coast Guard Base–Portsmouth, Naval Weapons Station Yorktown–Cheatham Annex, and Training Center Yorktown.
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Lifestyle
With a rich local military history, the area is known for being military- and family-friendly. Between the comfortable climate, salt marshes, and woodlands, outdoor lovers will feel right at home. There are many local trails for hiking and biking adventures, along with a dog-friendly culture with lots of dog parks and dog-friendly establishments. Stroll the boardwalk or soak up the sun from one of the many area beaches. Cast your fishing line or grab a surfboard–there’s so much adventure here!
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Places to live
The largest metro in Virginia, the greater area offers a mix of urban, suburban, waterfront, and inland settings. Hampton and Newport News are located to the north across a long bridge-tunnel connection, while Chesapeake, Norfolk, and Portsmouth lie to the south of the waterway. Virginia Beach is nestled along the Atlantic Shore a few miles to the east. Some of the highly-rated communities within Virginia Beach include Pungo, Kempsville, Hilltop, North End, and Little Neck.
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Search Temp Lodging Options
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