Housing market numbers for sellers provide more useful information than most national headlines ever will. Homeowners usually do not need another sweeping prediction about what the housing market might do. They need practical answers: No single statistic can answer every question. But these five local market numbers can give you a much clearer picture of what is happening and how your home may fit into it. 1. Inventory: How Much Competition Is Out There? Inventory […]
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Equity-Rich Homeowners: Are You Sitting on More Options Than You Think?
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 […]
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