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Latest Trends in Northern Virginia Real Estate Market

Latest Trends in Northern Virginia Real Estate Market

The real estate market is a dynamic and ever-evolving landscape, shaped by a myriad of factors including economic shifts. In 2024, the industry continues to experience significant transformations, with emerging trends reshaping how properties are bought, sold, and...
When Will Interest Rates Go Down?

When Will Interest Rates Go Down?

The Bureau of Labor Statistics released the Consumer Price Index (CPI) Report for the end of April 2024. The latest figure is at 3.4%, which is 0.1% less from last month. This number is not getting much closer to the 2% goal set by the Federal Reserve. Here’s...
How Interest Rates are Affecting Housing in 2023

How Interest Rates are Affecting Housing in 2023

Interest rates started increasing in March 2022 and hasn’t stopped since. Rates went from below 3% to above 3% in June 2022 to 5% in May 2023. This month, September 2023, interest rates are hovering around 7%. Northern Virginia has been affected. Here’s...