Happy Halloween and good market trends

by Rebecca D'Angelo

Here is wishing you a safe and treat filled Halloween!
 
Rates are expected to come down a little more today and currently are trending at 5.99 and 6.14 percent. Good news for buyers!, and this is always a great time for year to buy as far fewer buyer's are looking at this time of year, and homes sit longer.  
 
Another great thing for the market is that after enduring  the Topsy 
Turvey horrible for the market Covid  Bubble of the past four years with increases in price anywhere from 22% to 18%. We are finally at Normal Appreciation of 4-6%... Richmond is right at about 6%. This is a great thing for Housing Affordability (combine with the lowering rates)‌‌‌‌‌‌.  
Rebecca D'Angelo

Rebecca D'Angelo

REALTOR® | License ID: 0225225613

+1(804) 874-9709

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