About The Real Estate Group

The Real Estate Group (TREG) "Partners in Excellence"

The mission of The Real Estate Group, LLC is to be Hampton Roads finest provider of real estate services. Our goal is to create a company that provides absolutely the best service for our customers by fostering an environment of teamwork and a common vision. The Real Estate Group, LLC consists of an accomplished team of skilled professionals who take pride in their work and their company. We work hard to go beyond the expectations of our customers, agents, and employees.

Hampton Roads Ranks # 2 in the Top 100 Single Family Markets

For home pricing data through March 2013, the Homes.com Local Market Index showed monthly increases in 96 out of 100 markets, a significant improvement from the 75 out of 100 that gained in February.

The four markets that posted declines were very nominal and located exclusively in New York and Pennsylvania. Measured year over year, 91 out of 100 markets posted pricing increases in March compared to 98 in February. While weakness over this time-frame was centered in the Northeast, it also included markets in Tennessee and Mississippi.

The Honolulu, HI market again posted the largest monthly increase in March, climbing 2.40 index points from February. This compares to a gain of 1.81 in the previous month. The second-fastest-growing market in March was Virginia Beach-Norfolk-Newport News, VA-NC with a gain of 2.23 points. On a year-to-year basis, Honolulu, HI had the largest gain at 22.55 index points; the next closest market was Phoenix-Mesa-Glendale, AZ with a gain of 18.18. These two markets also had the largest year-to-year gain last month. The worst-performing markets measured month-to-month were Scranton-Wilkes-Barre, PA and Buffalo-Niagara Falls, NY with declines of -0.45 and -0.43, respectively. Year to year, Jackson, MS fell the furthest at -1.35 followed by Memphis, TN-MS-AR at -1.21.

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If you are interested in a breakdown by Hampton Roads zip code, download this Homes.com Report which highlights our local area and provides month to month, quarter to quarter and year over year changes in our single family market.

About The Real Estate Group

The Real Estate Group (TREG) "Partners in Excellence"

The mission of The Real Estate Group, LLC is to be Hampton Roads finest provider of real estate services. Our goal is to create a company that provides absolutely the best service for our customers by fostering an environment of teamwork and a common vision. The Real Estate Group, LLC consists of an accomplished team of skilled professionals who take pride in their work and their company. We work hard to go beyond the expectations of our customers, agents, and employees.