The State of the Region: Hampton Roads 2008
Hampton Roads has not been immune to national housing problems, but our mortgage defaults and foreclosures have been well below the national average. Our housing prices have not yet declined significantly, except for new residential housing. We may be a year or more away from the “bottom.”
Regional Studies Institute, Old Dominion University, "Part 2: Regional Housing Markets Adjust to Changing Circumstances" (2008). State of the Region Reports: Hampton Roads. 91.