Why Study the Real Estate Market

It's a good idea to know how your local real estate market is doing. This is whether you want to sell or buy a home in the near future. It allows for general expectations and guides your planning process. Thankfully, we're happy to study the market so you don't have to.

Housing Statistics for Northern Virginia for the end of December signal signs of a seasonal low. It’s the time of year for holidays, family get togethers, and cold winter weather. The numbers show a sluggish time for housing sales. The new year seems more promising as mortgage interest rates fell to mid 6% levels and buyers seem to be heading back to the market. Here’s the latest numbers and what it means for the Northern Virginia real estate market.

Full Blog:

https://homeestaterealty.com/lifestyle/blog/market-update-january-2024/