Posts Tagged ‘market update’
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...
Late Winter RVA Market Update
Although it's nonstop snowing as I type this, the spring market has already begun. Yes, rates are still not great, and there is still not a ton of inventory, but in any type of market, people are going to want to, and more than that, need to, m...
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...
Why Are We Still in a Seller’s Market
So we've talked a lot about whether it's a buyer's or seller's market and obviously all the data shows, and anecdotally, I can attest to the fact that it is still very much a seller's market here in central Virginia, in the metro Richmond a...
Navigating the Housing Market: Is 2024 the Better Year to Buy
It's January, and everybody's making their list of things that they want to accomplish in 2024 and I'm right there with you. But if one of the things that you want to do this year or hope to do this year is buy a home, one of the questions ...