In its monthly real estate report for the region for the month of January, the Real Estate Information Network (REIN) recorded 1,502 settled sales, or closings, for the Hampton Roads region, the lowest recorded number of monthly closings since February 2017.
The number isn’t a surprise, however, since January is traditionally among the slowest months for real estate activity. Jon McAchran of AtCoastal Realty, president of REIN’s board of directors, isn’t too worried.
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