Tuesday, March 28, 2023

REIN Records Lowest Monthly Closing Sales Since 2017

Sign up here for our free newsletter that tells you about the newest stories, three mornings each week.

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.

Want to read the rest of the article?

Already a subscriber? Log into your Transact account.

New user? Create a Transact account and read the article for free. Transact gives you $3 in credit to get you started.

Purchase a subscription for a year, month, or day on Transact, and get access to all articles.

Transact payments script could not be loaded

Transact.io respects your privacy, does not display advertisements, and does not sell your data.

To enable payment or login you will need to allow third party scripts from transact.io.

Cookies are disabled

Transact.io respects your privacy, does not display advertisements, and does not sell your data.

To enable purchase or subscriptions you will need to enable cookies.

You must purchase this article or be a subscriber to comment on it.

New Coffee Establishment Headed To Denbigh

NEWPORT NEWS-A new coffee establishment has plans to open up shop in Newport News. The new business, 7 Brew Coffee, is opening a location on...

New Dental Practice Slated To Open In Greater Williamsburg

JAMES CITY-A new dental practice appears to be opening soon in Greater Williamsburg. According to a release issued by Cushman & Wakefield/Thalhimer on March 15,...

KFinCo Realty Is Open And Ready For Business

The first thing most people experience when meeting Kim Finley is her level of energy. What they discover as they get to know her...

The New Local News Model

On July 1, we started a new way to pay for news. Yes, we want you to subscribe, but we know nobody subscribes to every site they visit just because there's a paywall.

So if you don't want to subscribe (even at the low price of $39.99 for a year), you can pay for access to individual articles. Or just buy a 24-hour pass, as if you were buying a single copy of a newspaper. We use a new payment service called Transact, which lets you pay for individual articles in as little as three seconds. And you will get $3 in credit when you sign up (just an email address, no credit card required), which will let you pay for at least 20 articles.

This is new for everyone, so we're going to ease you into this. Initially, there won't be many articles that you have to pay for. Short ones will always be free. And even the longer stories will let you read the first half or so for free. We'd love to hear what you think, so send us a note at feedback@peninsulachronicle.com.