Studying the housing statistics for Northern Virginia for the end of December, we see all the signs of a seasonal low. It’s the time of year for holidays, family get togethers, and cold winter weather. The numbers show a sluggish time for housing sales. The new...
You’re thinking this is the year to sell your home. Life has a way of changing our circumstances that cause personal matters that are worthy of selling your home. This includes finding a new job in a new city; a growing family; an unfortunate divorce; a change...
This past month, the real estate market in Northern Virginia continues to be steady with some key positives. The Department of Labor Statistics announced inflation rose only 0.1% from November to December and the new inflation rate from November 2022 to November 2023...
The current real estate market in Northern Virginia continues to be steady. Inventory levels are lower than normal and this is keep home prices high. Mortgage interest rates remain around 7.5% and it appears that this is the new normal. This is just some of the...
The current real estate market in Northern Virginia appears to be the new normal. Inventory levels match the 5-year averages. Home prices are leveling off. Additionally, the average sold price to list price is just at 100%. The latest Federal Reserve announcement also...
