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Michelle Rosman

Richmond Realtor

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Home » Market Snapshot: October 2018

Market Snapshot: October 2018

Our numbers have remained very stable, despite the beginning of interest rate increases that occurred in October. People tend to become concerned when interest rates rise but, as most of us who have been around a while know, rates in the 5% arena are very reasonable – who remembers double-digits? This month’s stats actually show that both the number of houses sold and the average sales price increased over just last month of this year. We’re fortunate to live in Richmond where the real estate market tends to see less volatility than some of the larger markets. If you are thinking about a move in 2019, the winter months are a perfect time to devise a plan. Give me a call if I can help!

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Michelle Rosman works at One South Realty Group and is licensed in the Commonwealth of Virginia, #0225233120 Michelle Rosman agrees to provide equal professional service without regard to the race, religion, sex, handicap, familial status, national origin or sexual orientation of any perspective client, customer, or of the residents of any community. Any request from a home seller, landlord, or buyer to act in a discriminatory manner will not be fulfilled.

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