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Michelle Rosman

Richmond Realtor

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Market Snapshot: October 2022

At this moment, the market is feeling very much like a normal market before the days of monumental up-bidding, across-the-board contingency waiving, and 20-somethings finding $500k in someone’s attic. More like, maybe, 2013. Meaning there’s been a lull at the end of summer as people get back into their scheduled lives, and another one around Thanksgiving so we can all take a breath and acknowledge our gratitude. How utterly civilized! The best news is that interest rates have been slowly, quietly ticking downward after hitting more than 7% for a short period of time. They’re now in the mid-6’s as anxieties seem to be calming too. All things considered, this is a good time to buy or sell and avoid the spring rush. Happy Fourth Quarter To You!


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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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One South Realty Group 2314 W Main Street, Richmond VA 23220