Real Estate Market Updates
May ’25 Market Update for Metro Richmond
As we hit mid May, where is the real estate market? Is there light at the end of the... Well, I'm not going to be the one to jinx it! Let's just say that while prices are not going down generally, the good news is that inventory has gone up...
Market Update – Spring 2025
Despite much of the national news being less than great, the market in the Richmond area is doing just fine. Here are a few highlights. Prices: Our average list to sold percentage is right at 100% now, and that's pretty good, whether you ar...
Is It Spring Yet? The Market Thinks So! Here’s What’s Going On Now
Market updates are a bit like tapping the mic with an "is this thing on?" People say they want them, but I always wonder how much they actually get read. So if you're reading this, please let me know! March 20 heralds the first day...
Richmond Area Market Update- New Year 2025 Edition
January has historically been a veeeery slow month, but for the past few years? Not so much. If you're thinking about selling, and thinking you'll need to wait for spring, you really don't, these days. If you're ready, the market is likely read...
Richmond Metro Market Update for November 2024
Welp, I know you may have thought things will be slowing down a bit more than they seem to be. That may be good, and it may be bad, depending which side of things you are on. But let's break it down by the actual numbers. Current Market Over...
A Look at Metro Richmond’s September 2024 Real Estate Market
The Richmond Metro housing market in September 2024 presented a mixed picture, with some segments showing strength while others hinted at possible easing. Single-family homes continued to be in high demand, driving price growth. New listings...
Prelude to Fall: Breaking down the Richmond Area Real Estate Market
As we enter into the fall season, things are picking up again from the slightly more sluggish market of August. (And is there a better word for just about anything in August than "sluggish?") Almost every year, we see a bit of a dip in Augu...
What is Happening with Buyer’s Agency
The recent NAR settlement over commission has brought about some changes to the real estate industry. This has caused a lot of confusion over buyer's agency. Let's talk about the changes you may notice here in Central Virginia and nationwid...