We’re more than halfway through 2025. I would like to share the highlights of what’s happening in the real estate market. Modest Home Price Growth We’re continuing to see home prices rising but at slower (and lower) rates than we’ve had the past few years. Nationwide, median home prices increased just over 1 percent compared … Continue reading Your 2025 Mid-Year Real Estate Update
market update
Long & Foster’s Third Quarter 2023 Real Estate Market Update
We’re more than three quarters into 2023, and a lot has happened in the real estate market. Interest rates have risen, shifting the market to a more normalized pace—reminiscent of the years pre-pandemic. Plus, we’re seeing the below trends, when comparing the third quarter of 2023 with the same period in 2022. Fewer homes were … Continue reading Long & Foster’s Third Quarter 2023 Real Estate Market Update
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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