Equity-rich homeowners may have more options than they realize, especially in a market where mortgage rates are making a lot of people feel stuck. If you own a home in Northern Virginia or the Eastern Panhandle, there is a good chance you are sitting on more equity than you think. New data shows 43.3% of mortgaged homes across the country are equity-rich right now. At the same time, a separate survey found that 48% of […]
Read MorePost Tagged with: "real estate market"
How to Attract More Buyers for Your Home
2025 homebuyers have made one thing clear: they want move-in-ready properties. According to a recent Bright MLS survey, more than 56% of prospective buyers say that move-in-ready condition is their top priority. If selling is in your plan this year, here’s what you need to know about buyer priorities and how to prepare for them. What Makes Move-In-Ready Homes So Appealing? With high home prices, limited (yet rising) inventory, and elevated mortgage rates shaping the […]
Read MoreIs the 2020s Market an Outlier? Comparing Historical Home Price Trends to Today’s Boom
The 2020s housing market continues to defy expectations. National home prices have surged over the past four years, surpassing growth experienced in entire previous decades. This rapid climb has many wondering – is this a sustainable trend, or are we due for a correction? Today, we are diving into the historical data and exploring what this means for you. 2020s Home Price Growth: Surpassing Expectations National home price growth in the early 2020s has already […]
Read MoreSellers Might Be Losing Their Advantage: A Housing Market Shift
You may not feel it yet, but the housing market is shifting. In July, the market shifted from a strong sellers’ advantage to more balanced neutral territory, according to Zillow’s latest market report. So, what does this mean for you? Let’s dive in.
Read More