by Ken Kerwin in Blog.
Sales Dip for the First Time in More Than a Year
The Hampton Roads real estate market is off to a slower start in 2014. Residential listings for sale are up slightly from the prior year, while residential pending and settled sales experienced declines when compared to January 2013. Conversely, the distressed market improved slightly in January. Two significant weather incidents in January could be contributing factors to the final number of pending and settled sales.