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Buyers Update - Summer 2022

Sunday, June 12, 2022   /   by Anna Paduhovich

Buyers Update - Summer 2022

 Anna Paduhovich

Around Town

Get out and enjoy the good life before things get REALLY crazy and summer is in full swing! 

Hampton Roads is full of things to do in the month of June, especially before the massive surge in tourism hits us as schools let out. 

Top 5 Cool Things to Do in Virginia Beach Right Now:

5 - Paddleboarding on the Chesapeake Bay

4 - Nature Walks in First Landing State Park

3 - Kayaking on Long Creek

2 - Biking Through False Cape State Park

1 - Hitting the Beach Before the Masses Arrive


Sellers or Buyers Market?

The market is still going strong in Hampton Roads! Inventory is up slightly from last month, as mortgage rates have continued to slowly rise nationwide. 

This means more options for home buyers, more showings to attend, and overall more opportunity to purchase a home in Virginia Beach. 

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Yes, It's Still a Great Time to Buy!

You have to take into account many different factors when considering home affordability. 

Watch my brief video on YouTube to get more info on why you can still go for it because owning a home is one of the best investments you can make!

Neighborhood Spotlight - Lago Mar

Lago Mar lies between Nimmo Parkway and Sandbridge Road near Sandbridge in southern Virginia Beach. Sandbridge Road, which forms Lago Mar's southern border, is currently the only public road to access the north end of the Currituck Banks Peninsula.

Heading east on Sandbridge Road, Lago Mar is the last neighborhood before entering Sandbridge itself, making Lago Mar "The Gateway to Virginia's Outer Banks." This road is also part of Virginia Beach's "Green Line," which is its boundary for urban growth. Thus Lago Mar lies just where urban conveniences transition into the rural forests and farms of the South.

The land currently comprising Lago Mar was inhabited at least as early as the late 1600s. A grave site off Nimmo Trail marks the resting place of three "Stone Brothers" who lived around the turn of the 19th century.

Settlers were in the immediate vicinity much earlier than that, however, since Lago Mar lies on the banks of "Muddy Creek" (now known as Ashville Bridge Creek), upon which the famous "Witch of Pungo" lived in the late 1600s until her death around 1740.

With a storied history and peaceful and very southern charm, along with its convenient location for both modern conveniences and natural attractions, Lago Mar has a reputation locally as one of many sought-after neighborhoods in the southern side of Virginia Beach.


Homes Are Actually as Affordable as Ever...

Happy Summer!

If you're new to Virginia Beach, welcome. If you're a local like us, then we are glad to have you as a neighbor!

As always, please reach out to my team if you need anything real estate. We're always here to help!

- Anna Paduhovich Team

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Anna Paduhovich Team
911 First Colonial Rd Suite 201
Virginia Beach, VA 23454
Keller Williams Coastal Virginia
1100 Volvo Parkway, Suite 200
Chesapeake, VA 23320

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