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Housing Market in December – Where are we?

December 16, 2022
Housing Affordability Conditions Decrease in October 2022 as Mortgage Rates Touch 7%
At the national level, housing affordability continued to fall in October compared to the previous month, according to NAR’s Housing Affo...

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Williamsburg Market Update

The spring market has arrived in Virginia.  Let's take a look at some of the trends we've seen so far this year in the Williamsburg area market. Click here to view a printable copy of our market report.


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Are We In A Housing Bubble?

Are We in a Housing Bubble?

The short answer is "no."

Nationwide bidding wars and increasing home prices have made many people wonder if we're in a bubble that's about to burst, like in 2007.

Housing experts say this is not the case. I...

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2021 Market Update – October

The 2021 Real Estate Market from a few perspectives..

Bottom line, the market is good and nothing like the 2000’s. I thought sharing these two perspectives would help with some of the questions we as agents are asked daily. Those of us...

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The Real Estate Inventory Crisis

Last March, the future was uncertain. We stayed at home, businesses closed, and toilet paper became a commodity. We wondered if the real estate market would grind to a halt. Thankfully, that didn’t happen. Demand for homes increased alo...

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Central Virginia Market – October

Chesterfield, Hanover, Henrico, and Richmond City October pending sales are up 25.7% from October of 2019 and closed sales are up 24.4% from the same time last year. Ironically the inventory has only increased 2.4% which is another example of o...

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