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Va. home sales down 20% from a year ago
February marked 15th consecutive month of declining sales
Virginia home sales were down 20.3% in February compared with the same month last year, marking the 15th consecutive month of declining sales, according to a Virginia Realtors report released
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Hampton Roads housing market appears to stabilize
Active listings up, sales down in February compared with last year
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The Hampton Roads housing market appears to be stabilizing, according to a new report from the Real Estate Information Network Inc. (REIN). “We expect 2023 to be similar to pre-pandemic
Va. home sales saw sharp drop in October
Largest yearly sales decrease in more than 10 years
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Virginia home sales in October decreased by 30.2% from the same time last year, the largest year-over-year sales decrease in more than a decade, according to a Virginia Realtors report
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Mortgage rates above 7% shock volatile housing market
Rate increases may not be over, economists say
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Charlottesville Realtor Denise Ramey has a client who put in multiple bids for houses over the summer, when the market was booming, but they were all turned down. Now, with
Fifth District economy growth is moderate, Fed says
Rising fuel prices, labor and supply shortages limit growth
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The Federal Reserve’s Fifth District (including Virginia, North Carolina, South Carolina, West Virginia and Maryland) continued to grow moderately despite supply chain issues, labor shortages and rising prices, according to
Rising interest rates not enough to deter homebuyers
Home inventory bigger problem, experts say
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Even the Federal Reserve hiking interest rates likely won’t be enough to cool down the hot real estate market in Virginia, experts say. In an attempt to slow the highest