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Virginia home sales rise in March, indicating strong spring
Virginia home sales climbed in March as inventory grew, prices rose and buyers stayed active entering the spring market.
US existing home sales drop to nine-month low in March amid tight supply
U.S. existing home sales dropped to a nine-month low in March due to tight inventory and rising mortgage rates, impacting housing affordability.
US mortgage rates jump to 6.57%, highest since August, MBA says
Mortgage Bankers Association reports US 30-year fixed mortgage rates jumped to 6.57%, highest since august, driven by inflation fears and middle east tensions.
US new home sales drop to near 3 1/2-year low in January
US new home sales dropped 17.6% in January to their lowest level since October 2022, impacted by severe winter weather and rising mortgage rates.
Housing market sees gains in February, but Iran war could disrupt momentum
Housing markets in Northern Virginia, Central Virginia and Hampton Roads posted modest year-over-year gains in February.
US pending home sales unexpectedly rebound in February on lower mortgage rates
US pending home sales increased 1.8% in February as mortgage rates declined, but gains may be limited by rising oil prices and inflation fears.
US existing home sales unexpectedly increase as mortgage rates decline
US existing home sales increased 1.7% in February 2024 due to declining mortgage rates and improved affordability, despite tight supply constraints.
Virginia housing market saw late 2025 recovery as rates eased
Virginia's housing market recovered late in 2025 with increased home sales and falling mortgage rates, while industrial growth continues in key regions.
US pending home sales decline in January amid low inventory, NAR reports
US pending home sales fell 0.8% in January due to low housing inventory, according to the National Association of Realtors. Contracts dropped in the Northeast and South.
US single-family housing starts rebound in January, building permits decline
U.S. single-family housing starts increased 4.1% in December, while permits for future construction declined 1.7%, reflecting challenges from high costs and mortgage rates.
US pending home sales plunge to five-month low in December
Contracts to buy existing U.S. homes fell sharply in December as labor worries and tight inventory offset lower mortgage rates.
Trump plans to allow 401(k) withdrawals for home down payments
WASHINGTON, Jan 16 (Reuters) – The Trump administration plans to allow investors to use some of their retirement funds to make a down payment on a house, White House economic adviser Kevin Hassett said on Friday, adding that more details will be released next week. “We’re going to allow people to take money out of […]
