New River Valley Real Estate Resources & Trends

Adjustable rate mortgages or ARMs, have been making a comeback lately. It’s easy to see why. With interest rates on the decrease but still relatively high, the appeal

It is not every day we see a significant shift in the housing market, but we have officially hit a notable milestone. For the first time since 2022, daily mortgage rates have dipped

If you've ever walked into an old home and thought, "Wow, they don’t build them like they used to," you’re absolutely right. While home prices keep climbing, the quality of

There’s growing discussion around a possible shift in Federal Reserve leadership and what that could mean for interest rates and housing. The focus is on Kevin Warsh

For the past several years, the average age of homebuyers has been creeping upward. Higher prices, rising interest rates and tighter lending standards pushed many

Virginia’s new governor, Abigail Spanberger, has laid out a housing strategy that avoids mandates and instead leans heavily on incentives. Rather than forcing cities

For anyone holding out hope that mortgage rates will magically drop back to historic lows, it’s time for a reality check. A lot of people think they’re being smart

Daily mortgage rates briefly fell below 6% this week for the first time since 2022, drawing attention from both buyers and homeowners.

The age at which people are buying their first homes is climbing, and it's reached a record high. According to a report from the National

Owning a home is now more expensive than it has been in nearly two decades, with housing costs consuming about 35 percent of the average American’s

The market feels like it’s catching its breath. If you’re buying, you’ll see less competition but tougher scrutiny on loans and inspections. If you’re selling

If the thought of a bidding war has been stressing you out, you might be able to breathe a little easier. Multiple-offer situations haven’t vanished completely,