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Virginia housing market showed momentum in October
Virginia’s housing market picked up in October, with buyers taking advantage of lower mortgage rates and a larger selection of homes.
30-year mortgage rate edges up to 6.24%
U.S. mortgage rates rose to 6.24%, their second straight weekly increase, though they remain near this year’s lowest levels.
US home turnover rate hits lowest level in 30 years
Only 28 of every 1,000 U.S. homes changed hands this year, marking the lowest turnover rate since the 1990s amid a sluggish job market.
U.S. mortgage rates fall to lowest level in a year
The average 30-year mortgage rate dropped to 6.17%, its lowest in over a year, boosting refinancing and homebuying demand.
US home sales accelerated in September to their fastest pace since February as mortgage rates eased
Existing U.S. home sales rose 1.5% in September as lower mortgage rates and more listings boosted buyer activity.
30-year mortgage rate rises to 6.34% after recent lows
WASHINGTON (AP) — The average rate on a 30-year U.S. mortgage ticked up for the second straight week following a string of declines that had brought down home borrowing costs to their lowest level in nearly a year. The average long-term mortgage rate rose this week to 6.34% from 6.3% last week, mortgage buyer Freddie […]
Virginia housing sales remained flat in August but prices rose
Virginia Realtors reports that the state's housing market sales remain essentially unchanged from last year’s August numbers.
Aug. housing inventory, prices rise across Virginia regions
Housing inventory and sold prices rose last month in Northern Virginia, Hampton Roads and Central Virginia, but home sales declined in Hampton Roads.
US 30-year mortgage rate dips to 6.5% amid housing slump
The average 30-year mortgage rate fell to 6.5%, down from 6.56% last week. Lower rates may boost buyer power but housing sales remain weak.
Days houses spend on market increases across Virginia
Houses are spending longer on the market than during the same period last year in Northern Virginia, Hampton Roads and Central Virginia. However, median sales prices in all three regions have increased over 2024. Northern Virginia The Northern Virginia Association of Realtors reports that 1,612 units were sold in July — a 1.6% decrease over […]
US home sales fall in June as prices soar to new heights
LOS ANGELES (AP) — Sales of previously occupied U.S. homes slid in June to the slowest pace since last September as mortgage rates remained elevated and national median sales prices hit unprecedented levels. Existing home sales fell 2.7% last month from May to a seasonally adjusted annual rate of 3.93 million units, the National Association of Realtors […]
Home sales increase across Virginia
Housing sales increased year-over-year in north Northern Virginia, Central Virginia and Hampton Roads, signaling a healthy market.
