What Lower Mortgage Rates Mean for Your Purchasing Power
If you want to buy a home, it's important to know how mortgage rates impact what you can afford and how much you’ll pay each month. Fortunately, rates for 30-year fixed mortgages have come down significantly...
Thinking About Buying a Home in 2024? Ask Yourself These Questions
If you’re thinking of buying a home anywhere in Central Virginia this year, you’re probably paying closer attention than normal to the housing market. And you’re getting your information from a variety...
Home Inspections For Sellers: How To Prepare
If you’re thinking about selling your house, it’s important to know what the home inspection is and what inspectors look for.
How Inflation Affects the Housing Market
Have you ever wondered how inflation impacts the Richmond housing market? Believe it or not, they’re connected. Whenever there are changes to one, both are affected. Here’s a high-level overview of the...
Gen Z: The Next Generation Is Making Moves in the Housing Market
Generation Z (Gen Z) is eager to put down their own roots across Central Virginia and achieve financial independence. As a result, like generations of Richmonders before them, they’re turning to...
Why Median Home Sales Price Is Confusing Right Now
The National Association of Realtors (NAR) is set to release its most recent Existing Home Sales (EHS) report tomorrow. This monthly release provides information on the volume of sales and price trends for...
Sellers: Don’t Let These Two Things Hold You Back
Many Richmond, Virginia homeowners thinking about selling have two key things holding them back. That’s feeling locked in by today’s higher mortgage rates and worrying they won’t be able to find...
Equity Is a Game Changer for Homeowners Looking To Sell
If you’re a Richmond-area homeowner, you might be torn on whether or not to sell your house right now. Maybe that’s because you don’t want to take on a higher mortgage rate on your next home. If that’s...
