The housing market is still marked by a lack of inventory. Homes that are reasonably priced and in good condition are going under contract within a few days leaving many buyers wanting more. Higher interest rates have not deterred most buyers. The good news is that more and more homes are coming on ... » Learn More about Real Estate Market Update – April 2022
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Market Update – March 2022
Will the Spring make our housing depression go away? The housing market has seen extremely low inventory of homes for sale for the past 2 months. It seems like things are finally turning around and there are more homes on the market than the previous month. Home value is also still on the rise. ... » Learn More about Market Update – March 2022
Interest Rates Affecting Housing Market
Market Update - January 2022 Mortgage interest rates have been rising consistently for the past 4 weeks. Some buyers are surprised how their estimated monthly payment rose so dramatically in just a week. While this increase will cause panic and a sense of urgency in some buyers, it will make ... » Learn More about Interest Rates Affecting Housing Market
Market Update – December 2021
Is the real estate market asleep? This is the time of year when we make time to see family and friends, decorate the house, and start holiday shopping. The chilly weather calls for warm drinks, relaxing by the fire, and staying warm. Even the hectic pace of work, at least for most, slow down. For ... » Learn More about Market Update – December 2021
Market Update in Real Estate – November 2021
Home Prices in Northern Virginia Keep Going Up Most agree that Northern Virginia is a beautiful place to live. The splendor of the four seasons is a favorite of nature lovers. It's proximity to Washington DC makes it a prime location for those working in government. The area also boasts a ... » Learn More about Market Update in Real Estate – November 2021
Where is the Real Estate Market Heading? Market Update – October 2021
Market Update - October 2021 Home sales in Northern Virginia continue to fall month over month. While inventory levels remain low and favor sellers, this overall slow down is causing some homeowners concern. The numbers do show that the housing market is giving way to a more balanced market. But ... » Learn More about Where is the Real Estate Market Heading? Market Update – October 2021
