Doug Derring Real Estate Team

10/14/2021

There’s a misconception that you need a 20% down payment to buy a home. Data from the National Association of Realtors shows the average down payment is only 12%, while first-time buyers only put 7% down on average. Saving for a down payment could be more achievable than you think. DM me so we can discuss your options.

10/12/2021

Are you thinking of selling or know someone selling a home in Courthouse Estates and may want to pass on a traditional listing? Click to see if my client is a match👉👉https://bit.ly/3iX75AJ

04/29/2021

New Listing!!! Northwest Portsmouth in Hidden Cove. 4 Beds 3 baths, large wooded lot on a quite cul-de-sac. Fenced backyard with patio and detached one-car garage/storage shed w/electric. As soon as you walk in, you will immediately feel at home in this well-kept home. Enjoy the natural beauty, trails, and kayaking at Hoffler Creek Preserve less than a mile away.

This lovely Hidden Cove home sits on a large, wooded lot ...

03/04/2021

In Hampton Roads mortgage interest rates are still close to all-time lows. If you're considering buying a home in the areas around Virginia Beach, Norfolk, or on the peninsula, this is the perfect time to lock in a low rate that will increase you buying power this spring. DM me to start the homebuying process today.

01/22/2021

08/26/2020

Finding the right home to purchase today is one of the biggest challenges for potential buyers. With so few homes for sale and construction of newly built homes ramping up, you may be wondering if you should consider new construction in your search process. It’s a great question to ask, and one to...

08/25/2020

When shelter-in-place orders brought the economy to a screeching halt earlier this year, many believed the residential housing market would follow suit. Countless analysts predicted buyer demand would disappear and home values would depreciate for the first time in almost a decade. That, however, di...

08/24/2020

Today, Americans are moving for a variety of different reasons. The current health crisis has truly re-shaped our lifestyles and our needs. Spending extra time where we currently live is enabling many families to re-evaluate what homeownership means and what they find most important in a home.

08/21/2020

Some Highlights According to trending data, searches for key real estate topics are skyrocketing online. Clearly, lots of people have questions about buying a home, and other topics related to the process. Working with a trusted real estate professional will help you create the most personalized and...

08/20/2020

Originally, some housing industry analysts were concerned that the mortgage forbearance program (which allows families to delay payments to a later date) could lead to an increase in foreclosures when forbearances end. Some even worried that we might relive the 2006-2008 housing crash all over again...

08/19/2020

The residential real estate market has definitely been the shining light in this country’s current economic situation. All-time low mortgage rates coupled with a new appreciation of what a home truly means has caused the housing market to push forward through this major health crisis. Let’s look...

08/18/2020

In today’s housing market, it can be a big challenge for buyers to find homes to purchase, as the number of houses for sale is far below the current demand. Now, however, we’re seeing sellers slowly starting to come back into the market, a bright spark for potential buyers. Javier Vivas, Directo...