What are the challenges today’s buyers face when looking for a home? A survey completed by the National Association of Realtors shows market trends between the United States and Canada. The biggest challenge buyers face in the USA is low inventory – buyers can’t find what they want. This challenge is followed closely by […]
Across Virginia, low housing inventory has become a common problem. With the upswing in our economy, many buyers have come out of their shell and are ready to purchase a home. The problem is, there aren’t enough homes are available! Low inventory is causing a trend – new listings are often bombarded with showings and […]
Home sales up at the high end! If you’ve been watching and waiting for the market to show signs of sale improvements, look no further! For the longest time, lower price ranges (homes under $200,000) showed the biggest sales increase and shortest days on market. More recently, however, the pendulum has swung towards an increase […]
There’s been a lot of hype lately about real estate in the media. As Realtors, we love to hear the media portray good news about the real estate market, but there also tends to be much confusion on what is actually going on. I’ve pulled together recent data to show you what’s happening on the […]