In Hampton Roads, the average sales price is $218,000 (per the latest Old Dominion University statistics). As consumers look for more affordable housing, they will choose to live in areas that are more affordable and we will see an increase in inventory for homes which are less desirable. An increase in inventory will result in decrease in pricing; however, the economists at ODU do not predict a housing market in Hampton Roads to emulate that of California or Nevada. We may see some marginal price corrections, but not huge slashes. This is because our area was not hit as hard by the subprime market as other areas of the United States.