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Tips To Reach Your Homebuying Goals in 2023 [INFOGRAPHIC]

If you’re planning to buy a home in 2023, here are a few things to focus on.Work on your credit and save for a down payment. If saving feels like a challenge, there’s help available. Then, get...

The Truth About Negative Home Equity Headlines

Home equity has been a hot topic in real estate news lately. And if you’ve been following along, you may have heard there’s a growing number of homeowners with negative equity. But don’t let those...

What Experts Are Saying About the 2023 Housing Market

If you’re thinking about buying or selling a home soon, you probably want to know what you can expect from the housing market this year. In 2022, the market underwent a major shift as economic uncertainty...

Should You Buy a Home with Inflation This High?

While the Federal Reserve is working hard to bring down inflation, the latest data shows the inflation rate is still going up. You no doubt are feeling the pinch on your wallet at the gas pump or the grocery...

The Drop in Mortgage Rates Brings Good News for Homebuyers

Over the past few weeks, the average 30-year fixed mortgage rate from Freddie Mac fell by half a percent. The drop happened over concerns about a potential recession. And since mortgage rates have risen...

Think Home Prices Are Going To Fall? Think Again

Over the last two years, home prices across Central Virginia appreciated at a dramatic pace, to say the least. While that led to incredible equity gains for RVA homeowners, it’s also caused some buyers to...

Wondering Where You’ll Move if You Sell Your House Today?

If you put a pause on your Richmond home search because you weren’t sure where you’d go once you sold your house, it might be a good time to get back into the market. That’s because today’s market is...

The One Thing Every Homeowner Needs To Know About a Recession

A recession does not equal a housing crisis. That’s the one thing that every homeowner today needs to know.

Sellers Have an Opportunity with Today’s Home Prices

As mortgage rates started to rise this year, many homeowners began to wonder if the value of their homes would fall. Here’s the good news.

What’s Happening with Mortgage Rates, and Where Will They Go from Here?

Based on the Primary Mortgage Market Survey from Freddie Mac, the average 30-year fixed-rate mortgage has increased by 1.2% (3.22% to 4.42%) since January of this year. The rate jumped by more than a quarter...