Real Estate Trends

Summer is gearing up to be the new spring for homebuying and selling! Let's connect so you're ready to make your move this...

  The residential housing market has been hot. Home sales have bounced back solidly and are now at their second highest pace since February 2007.  Real estate is location specific.  Some areas are demonstrating price increases at a much high demand than others.  The market can be spotty depending on where you live.  We can help explain this for the Chesterfield County, Tri-Cities, Richmond and...

What does months supply mean in the real estate world?  Month supply means if no other home were to come on the market for sale, based on the current active listings vs sold listing it would take so many months to sell the current inventory. To put this in perspective 0-4 Sellers market.  More buyers than homes to put them in. 4-6 Normal market.  Neither a buyer or sellers market. 6 and above...

Instead of going for larger homes, which was an overwhelming trend in years past, many people are choosing micro-dwellings.