Posts in category 'Market Trends'

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March
25

Market Watch

Spring is here, and with the new season, you can expect some big changes in Richmond's real estate world. Our real estate agents know just how valuable market intel can be, and they're always happy to share their insights on the market in Virginia's capital city. Here are four key trends they recommend keeping an eye on as spring sets in.

  • Higher Demand
    The real estate market typically slows down over the winter. Buyers who put their house hunting on hold during this period often re-enter the market when spring rolls around, though. Expect to see many more buyers bidding on homes, especially heading into the summer mont...

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December
18

Real Estate Market

Do your 2024 resolutions include buying or selling a home? The real estate market is constantly shifting, so the more knowledge you arm yourself with, the better equipped you'll be to make a beneficial transaction. Our REALTORS® take a look at market trends for the next year along with tips to come out a winner.

2024 Real Estate Market

In early 2024, the real estate market is expected to be influenced by a variety of economic factors, including interest rates, inflation, and global economic trends. If the previous year's trends continue, there could be a stabilization in housing prices after the fluctuations e...

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November
1

 

Every Hour in Homebuying - infographicAs we adjust our clocks for Dayloght Savings Time this weekend and "Fall Back," let's look at what happens every hour in the Housing Market!

Every hour in the United States:
- 614 homes sell
- 95 homes regain positive equity
- Median home values go up $1.38

July
2

Daily News On Ipad with Coffee and NotepadA lot is happening in the world, and it's having a direct impact on the housing market. The reality is this: some of it is positive and some of it may be negative. Some we just don't know yet.

The following three areas of the housing market are critical to understand: interest rates, building materials, and the outlook for an economic slowdown.

1. Interest Rates

One of the most important things to consider when buying a home is the interest rate you will be charged to borrow the money. We recently po...

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