The biggest change recently is the rise in interest rates from right around 3% to solidly in the 5% range, in just two …
Market Snapshot: February 2022
In addition to these year-over-year comparisons, the difference in median home price just from January 2022 to February …
Market Snapshot: January 2022
Stats. Rinse. Repeat. There's not much new to say! Demand continues to bear down on us like a tidal wave, and supply …
Market Snapshot: December 2021
Happy New Year and welcome to another robust year in the RVA real estate market! When people read headlines about …
Market Snapshot: November 2021
When I look back at the graphs for the last several months there has been a clear leveling out. Median prices have …
Market Snapshot: October 2021
We haven't seen a lot of change this month over last. Though it is still a brisk market, it has remained a bit calmer …
Market Snapshot: September 2021
Over the last month or so, we've seen the market calm just slightly for the first time in more than two years. As I've …
Market Snapshot: August 2021
August happened, typically a super slow time in the market. Interest rates bumped up slightly. And still our stats …
Market Snapshot: July 2021
We hear a lot about the shortage of inventory this year, butĀ that's actually not the case. Compare the numberĀ of homes …
Market Snapshot: June 2021
There's been a mind-boggling FIFTY-THOUSAND DOLLAR increase in median home prices in central Virginia in the past year. …
Market Snapshot: May 2021
It's immediately evident that something BIG happened in March of 2020 when you look at the number of homes sold in May …
Market Snapshot: April 2021
We all know the market is at its craziest, but there is still success to be had. Sellers don't have to do much more than …