How the Coronavirus (COVID-19) is affecting Virginia Beach real estate & how to respond

Sam Sansalone
Published on May 31, 2020

How the Coronavirus (COVID-19) is affecting Virginia Beach real estate & how to respond

Have you been wondering how the Coronavirus is influencing the real estate market in Virginia Beach? The outbreak is causing many businesses to close temporarily. It’s been a bit quieter in Hampton Roads! This has also led to lots of questions about the Hampton Roads and Virginia Beach real estate market.

Many people have asked me questions about how the real estate market has changed because of the Coronavirus (COVID-19). There are a lot of ways to translate what’s happened, though we are still early in the game. The local Virginia Beach real estate market has been a strong seller’s market for a while and many are wondering if that will continue during the Coronavirus (COVID-19) outbreak.

I’ll talk about the effects of Coronavirus (COVID-19) to the Virginia Beach real estate market. I’ll also give my suggestions on how to approach buying real estate in Virginia Beach and Hampton Roads during all concerns of the Coronavirus.

And I’ll also debunk some misconceptions about mortgage interest rates currently. Many people in real estate are misrepresenting the 0% FED interest rates and assuming that applies directly to mortgage rates. I’ll help clarify.

CONTACT ME:

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Hi! I’m Sam! I’m a full-time real estate agent in Hampton Roads, Virginia, a native to the area, am married to my dream girl, and we adopted a Bengal which apparently is the equivalent of a 2 year-old.

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