New River Valley Real Estate Resources & Trends

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,

You may have noticed builders are getting a lot more generous. In fact, nearly two out of three builders are now offering incentives to buyers, the highest level

Making a low ball offer, offering significantly less than the asking price, tends to spark strong reactions. Some see it as a smart way to test the waters, while others

Getting approved for a mortgage used to be all about your credit score, income, and debts. But now, lenders might be checking something else too