Chandler Realty Blog

Hampton Roads real estate is booming, making it the perfect place to purchase an investment property.

But whether you’re a first-time landlord or have done it for a while, you might want to hire a property management company to help you handle tasks associated with maintaining your asset.

Choosing the right company, though, can be overwhelming.

Your property is a large asset that requires care and protection, so you need to choose the best company that suits your wants and needs.

The team at Chandler Property Management has provided services to a range of investment properties in the Hampton Roads area for over 30 years. Their experienced team of property managers have a combined experience of over 75 years and they know the amount of work

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Tourism is booming in the Hampton Roads area.

There are now over 40,000 hotel rooms across the Hampton Roads region - and it's still not enough!

Luckily, those in the hotel business are confident about future growth, so there are new hotels and resorts being opened every year.

Here are some recent and upcoming projects that you might have missed.

In no particular order...  (although the last one is pretty exciting)

Looking Back - Recent Additions

2017 was a particularly big year for hotel development in Hampton Roads.

It was then that we saw both Hyatt House Virginia Beach / Oceanfront, and Hilton Norfolk The Main opening their doors.

Hyatt House Virginia Beach Oceanfront

This fantastic venue opens right onto the beachfront,

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Great Neck, Virginia Beach, VA

Great Neck, Virginia Beach is all about easy living.

With proximity to the top beaches on the east coast, you’ll be able to soak up the Virginia sun all summer long. Great Neck real estate offers a wide selection of properties for any type of buyer -- from less expensive condominiums to million dollar homes on the waterfront.

No matter where you live in this community, its laid back attitude will have you feeling like every day is a vacation.

Homes for Sale in Great Neck

Whether you want a low-maintenance condo or a large property on the water, Great Neck real estate has what you’re looking for! Great Neck has one of the most diverse real estate markets in the state, so there’s something for everyone.

Because Great Neck is an

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The Hampton Roads area is growing. Businesses are moving in, homes are being built, and tourists are continuing to flock to our beautiful beaches and charming cities.

So, it's no surprise that the transport routes around Hampton Roads have been getting a bit congested. But don't worry - the cities have been hard at work on plans to upgrade, expand, improve, and extend our infrastructure to make life easier and safer for everyone.

You may already have seen some safety cones popping up along your morning commute, and you have some questions, like "what?", "where?", and "for how long?".

Looking for answers? Well you're in the right place!

Read on to learn about some of the bigger projects on the horizon for Hampton Roads.

The I-64, I-264

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Condos... they're compact, convenient, and usually packed with enough amenities to make you feel like you're living in a holiday resort.

And Virginia Beach condos are no different. The selection here is excellent, from central and family-friendly, to beachside and ready for fun. If you're on the market for a condo, then the Virginia Beach condo market probably has what you're looking for.

Still, just like buying any property, getting into the condo market can be daunting. A lot of ins, a lot of outs, a lot of strands to keep together.

So, if you're looking for some condo buying guidance - here you go...

The Benefits of Condos

To start with, why buy a condo in the first place?

There are many benefits to owning a condo, including:

-

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The weather is starting to clear, people are out and about, and you're starting to feel the excitement of a real estate market coming back to life.

Yes, spring has sprung, a great time to be on the market, enticing fresh and eager buyers in search of their dream home. Hopefully, if you're on the market as a seller, it's your home they'll find and you'll get the price you've been dreaming of.

But with all this excitement and activity, you know that there's one big downside: competition.

That's right - you're out there pitting your potential dream home against all the other potential dream homes in the Hampton Roads area.

So... how to stand out?

Follow these simple steps to have your home really "pop" and get the attention it deserves.

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From Portsmouth, to Chesapeake, to Virginia Beach, the area around Norfolk, Virginia is brimming with fantastic neighborhoods to live in.

But, if you're looking for somewhere close to Norfolk Naval Base, then your options are going to be a bit more limited. You're still in luck though, since the areas within commuting distance of Norfolk Naval Base still include some absolute gems, and some of the best neighborhoods in Norfolk...

Not sure where to start?

Well, you're in the right place! Here is a list of some of the best areas and neighborhoods near Norfolk Naval Base. In no particular order, they are:

Ghent

Ghent will often feature at the top of lists for "best Norfolk neighborhood", and that's no surprise. Just west of downtown Norfolk,

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qualified opportunity zones (qoz) what you need to know

So, you may have heard about something called a "Qualified Opportunity Zone" (QOZ). Have you wondered what these might be about, and, specifically, what they could mean for the Hampton Roads real estate market?

Well, wonder no more. We're here to give you the basics on Qualified Opportunity Zones for Hampton Roads home owners, buyers, and investors.

Let's get started...

Qualified Opportunity Zones - How They Work

First, QOZs were introduced by the Tax Cuts and Jobs Act of 2017 as part of a plan to encourage development in economically under-served areas by creating tax advantages for investors.

As part of this new plan, thousands of census-designated areas across the country have been designated as QOZs based on their lagging

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community spotlight: East Beach, Norfolk, Virginia

When new developments are built, they are often located on farmland or within areas of relative wilderness outside of a town or city. While such areas are fabulous for facilitating the construction of new properties and on relatively inexpensive land, there may be drawbacks.

For example, a new homeowner may revel in the solitude of living further from the epicenter of the town or city, but may soon begin to dread the longer commute, not only for work, but also for activities of daily life, such as heading to the grocery or hardware store, medical appointments, restaurants, or cultural activities.

The community of East Beach, northeast of Norfolk, Virginia, on the shores of Chesapeake Bay, is a picture-perfect case for a new kind of urban

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All you ever wanted to know about home inspections (and a few things you didn't)

It's easy to get caught up in the rush of home-buying, especially if you've found "the one" - your dream home - and you want to secure it ASAP. And, if you're in a seller's market, you might also be anticipating some competition, so the more you can do to smooth the deal, the better, right?

Well...not always. One thing which buyers sometimes choose to forgo in an attempt to speed a deal along is the home inspection. This is a big mistake...

Why should you get a home inspection?

Well, a home is more than what you're likely to see in an open-house tour, where you might be taken in by the dressing, the features, and all the surface stuff. But that's only half the story. A house is a system, a machine, like a car. And just like a car, though it

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