Updated: Tuesday, 10 Aug 2010, 3:03 PM EDT
Published : Tuesday, 03 Aug 2010, 3:09 PM EDT
PORTSMOUTH, Va. (WAVY) - Local real estate expert Mark Rusnak stopped by the WAVY Studios on August 3 to provide some tips on how to get started in the home buying process.
Rusnak said interest rates are at a 40 year low, which is great news for home buyers. The average existing home sales price in Hampton Roads is $232,900.
If you are trying to sell a home, Rusnak said many homeowners are putting the money into the house before the sale, sometimes having home inspections done, as well as making cosmetic and structural improvements. He said those are the homes that are going to sell.
Click on the video player on this page to watch his interview with Kerri Furey.
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