When the Fed meets, experts in the industry will be keeping a close watch to see what they decide and what impact it’ll have on the economy. If you’re looking to buy a home, you’ve probably been paying close attention to mortgage rates. Over the last couple of years, they hit record lows, rose dramatically, … Continue reading Two Factors That Impact Mortgage Rates
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Our Real Estate Market Predictions for 2023
Everything in the economy is cyclical and real estate is no exception. After a few robust years, 2022 brought the housing market to more normal (pre-Covid) levels, which we expect to continue in 2023. Here are a few more of the trends that my team at Long & Foster Real Estate and I expect to … Continue reading Our Real Estate Market Predictions for 2023
May Residential Real Estate Market Update
The housing market is influenced by the state of the economy. With so many economic developments recently, you may be wondering about the impact on the housing market. To keep you informed, we looked at a few factors that are currently affecting the real estate market. Rising Mortgage Rates The recent increase in mortgage interest … Continue reading May Residential Real Estate Market Update
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