The interest rate hikes appear to be doing what they were meant to do. The market is cooling down, but it's a minor …
Market Snapshots
Market Snapshot: August 2022
Six months into the current age of interest rate hikes, we are still seeing a very active market. Prices have decreased …
Market Snapshot: July 2022
The Richmond story continues to differ from the national narrative that we hear about in the news. The low inventory in …
Market Snapshot: June 2022
While we are seeing slight adjustments to the market, we have not experienced any dramatic changes even after almost six …
Market Snapshot: May 2022
Because interest rates began to climb in February, the stats from May are really the first ones to show us if there has …
Market Snapshot: April 2022
The big news, of course, is that interest rates are on the rise. The takeaway is: Don't Panic! We really needed …
Market Snapshot: March 2022
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 …