Hampton Roads entered mid-2025 with steady prices and more inventory than last year. The pace is healthier than the boom years—homes still sell when priced to the market and prepared well, while buyers have more options and a bit more time to decide. National Forces Shaping Local Outcomes• Mortgage rates remain higher than 2020–21 lows, but buyers are adapting with rate buydowns, ARMs, and seller credits.• Inflation has cooled from peak levels, easing pressure on wages and consumer confidence.• New-construction pipelines improved as supply chains normalized, offering relief in certain sub-markets. Local Anchors = Local Resilience• Defense & Shipbuilding (Naval Station Norfolk, Oceana, Newport News Shipbuilding) continue to stabilize demand.• Port activity, healthcare, and tourism support a broad employment base.• Seasonal draws in Virginia Beach, Norfolk, Chesapeake, and Hampton’s waterfront keep relocation demand consistent. What This Means for Buyers• More listings = better matching to your must-haves.• Use concessions (closing cost help, buydowns) to optimize the monthly payment.• Don’t skip pre-approval—clean, fast offers still win . What This Means for Sellers• Prep matters: pre-inspection, minor repairs, curb appeal.• Price to today’s comps, not last year’s peak.• Offer buyer incentives strategically to expand the pool . How We Put Community FirstEvery closing helps fund local scholarships and civic projects—because more homeownership should create more prosperity for all.