The Sandcastle Home Team, Wendy & Lee Plemmons

The Sandcastle Home Team, Wendy & Lee Plemmons Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from The Sandcastle Home Team, Wendy & Lee Plemmons, Estate agent, 477 Viking Drive suite 130, Virginia Beach, VA.

Wendy & Lee Plemmons | BHHS RW Towne Realty

🏠 Virginia Realtors
🤝 Working with you is our passion!
🏗️ Resale & New Construction
💼 BHHS RW Towne Realty
🌐 thesandcastlehometeam.rwtowne.com

09/28/2026

U.S. Home Prices Ease Across Major Metros
We’ve seen some notable shifts in home prices recently—across 36 of the country’s 50 largest metro areas, the price per square foot dropped year-over-year in Mid-Q3. Nationwide, that figure dipped about 2%, making this the tenth straight month of softening in this key measure. As Mid-Q3 wrapped up, the market’s pace slowed even more. Sellers in many areas responded by lowering asking prices, helping bring expectations and offers a bit closer together. High mortgage rates are still putting a strain on affordability, especially in regions where prices surged during the pandemic. As a result, sellers are meeting buyers more in the middle, and inventory levels are now above pre-pandemic norms. After more than 40 years guiding clients through the unique rhythms of the Hampton Roads real estate market, we know that understanding these trends is key to making smart, confident decisions—whether you’re buying or selling.

Survey: Home Builder Sentiment Rises in August but Still Weak OverallWe’ve been helping clients navigate the Hampton Roa...
09/27/2026

Survey: Home Builder Sentiment Rises in August but Still Weak Overall
We’ve been helping clients navigate the Hampton Roads real estate market for decades, so we keep a close eye on indicators like builder sentiment. In August, U.S. home builder sentiment saw a modest uptick to 35—still a subdued number, reflecting the challenges builders are facing: economic uncertainty, high mortgage rates, rising construction costs, and increased fuel prices. To encourage buyers, many builders are now offering price cuts, especially with inventory tight and affordability stretched. Understanding these market shifts helps us guide our clients with the care and dedication we’ve built our reputation on throughout Smithfield, Carrollton, Suffolk, and the surrounding areas.


https://www.roomvu.com/agent-news/wendy-lee-plemmons/1927746-Survey%3A-Home-Builder-Sentiment-Rises-in-August-but-Still-Wea

How to Ensure Your Housing Deal Closes SuccessfullyWith over four decades of combined experience guiding clients through...
09/26/2026

How to Ensure Your Housing Deal Closes Successfully
With over four decades of combined experience guiding clients through the ups and downs of real estate in Hampton Roads, we’ve seen firsthand how many hurdles can arise between a home going under contract and making it across the finish line. In August 2026, an eye-opening 34% of pending home sales didn’t make it to closing—the highest level since March 2024. The most common reasons? Inspection surprises, mortgage hiccups, trouble selling an existing home, title complications, and even unexpected changes in employment. Our commitment has always been to help our clients anticipate and navigate these challenges with care and dedication, ensuring each step of the process is as smooth as possible.


https://www.roomvu.com/agent-news/wendy-lee-plemmons/1975594-How-to-Ensure-Your-Housing-Deal-Closes-Successfully

Ranked: Housing Costs in Every U.S. State in 2026When it comes to housing costs across the U.S., the differences can be ...
09/25/2026

Ranked: Housing Costs in Every U.S. State in 2026
When it comes to housing costs across the U.S., the differences can be striking. For example, in 2026, Hawaii leads the way with a housing cost index of 302.4, while Oklahoma offers the most affordability at 66.9. States like Massachusetts, D.C., California, and New York are also among the most expensive, whereas much of the South and Midwest enjoy relatively lower costs. With over 40 years of combined experience as full-time Realtors® in Hampton Roads, we’ve seen firsthand how these national trends compare to what our clients experience locally in Smithfield, Carrollton, Suffolk, and the surrounding areas. Understanding where our market fits into the bigger picture is just one way we’re dedicated to helping you navigate your real estate journey with confidence and care.


https://www.roomvu.com/agent-news/wendy-lee-plemmons/1963672-Ranked%3A-Housing-Costs-in-Every-U.S.-State-in-2026

09/24/2026

Why Buyers and Sellers Are Stuck
With over 40 years of combined experience helping clients throughout Hampton Roads, we’ve witnessed many shifts in the real estate landscape—but today’s market is presenting a unique kind of standstill. Higher mortgage rates are making monthly payments a challenge for buyers, leading many to put their searches on hold. At the same time, pending sales are dropping, signaling that fewer buyers are moving from browsing to actually making offers. For homeowners, those low-rate mortgages are hard to give up, so many are choosing to stay put rather than list their homes. The result is a true housing stalemate: buyers are hoping for more manageable payments, sellers are hesitant to let go of favorable rates, and as a result, transactions have slowed to an unusual pace. Navigating these complexities is what we do best, guiding our clients with care and dedication through every turn.

09/23/2026

More Homes Hit the Market as Demand Cools
Over the past four weeks ending August 23, we’ve seen a slight uptick in new US listings—up 0.4% weekly—with total homes for sale rising 0.5%. This brings inventory to its highest point since early second quarter. Yet, even as more homes become available, pending U.S. home sales slipped 1.1% weekly, hitting a six-month low. High housing costs have many buyers waiting on the sidelines, despite the growing selection nationwide. The median sale price now stands 1.9% higher than last year, above $400,000, while average mortgage rates hover near 7%, the highest in over a year. For buyers, this means more negotiating power—especially on homes that have been listed for several weeks. Sellers are finding that setting realistic prices, rather than chasing last year’s numbers, leads to smoother transactions. Drawing on our decades of experience guiding clients throughout Hampton Roads, we know how important it is to adapt to shifting market dynamics—whether you’re looking for the right opportunity as a buyer or positioning your home effectively as a seller.

This morning, we took some time off to enjoy the beautiful weather before the storm. A two mile walk around Windsor Cast...
09/22/2026

This morning, we took some time off to enjoy the beautiful weather before the storm. A two mile walk around Windsor Castle Park. This afternoon we are back at work showing Property.

09/22/2026

Have payments on newly purchased homes in the U.S. dropped?
It’s always interesting to track how mortgage payments are shifting for today’s homebuyers. The national median mortgage payment for new purchases has dipped to $2,175, yet that’s still 2.2% higher than this time last year. With average rates sitting at 6.66%, affordability continues to vary widely across the country—Idaho and Nevada top the least affordable list, while Louisiana and North Dakota offer the most accessible options. With over four decades of experience guiding clients throughout Hampton Roads—including Smithfield, Carrollton, and Suffolk—we know firsthand how local market dynamics can make a difference in your home search. Thoughtful navigation is key in any market.

Address

477 Viking Drive Suite 130
Virginia Beach, VA
23452

Telephone

+17576756728

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