Market Updates

March 21, 2026

VA Appraisal Changes Could Make It Easier for Veteran Buyers This Spring

Reported VA appraisal changes starting May 1 could help make VA home purchases smoother for buyers, sellers, and agents.

Why This Matters for VA Buyers and Sellers

If you are a Veteran planning to buy a home, or a seller deciding whether to accept a VA-financed offer, there is an …

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March 9, 2026

How Financing Conditions Shape the Chesapeake and Virginia Beach Housing Market

TL;DR

The Bottom Line: Financing factors like mortgage rates and VA loan availability directly dictate buyer power and inventory levels in the Hampton Roads real estate market.

The housing market is shaped by many moving parts, but one of the most influential factors is financing conditions.

Mortgage rates, lending …

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Posted in Market Updates
Oct. 18, 2025

Market Update 2025: The Cost of Waiting & The Myth of Perfect

Market Update 2025: The Cost of Waiting & The Myth of Perfect

As 2025 winds down, new data from Fannie Mae, ICE, and NAR show encouraging signs for buyers — but also a cautionary tale for those waiting for “the perfect rate.” Mortgage rates have eased to around 6 …

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Posted in Market Updates
July 29, 2025

The Tale of Two Housing Markets: What’s Really Happening in Hampton Roads Real Estate?

The Tale of Two Housing Markets: Why Local Real Estate Conditions Matter More Than Ever

If you're wondering whether it's a good time to buy or sell a home in Hampton Roads—Chesapeake, Virginia Beach, Suffolk, and beyond—the answer really depends on where you’re looking. Across the country, we’re …

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Posted in Market Updates
May 20, 2024

What’s Next for Home Prices and Mortgage Rates?

If you’re thinking of making a move this year, there are two housing market factors that are probably on your mind: home prices and mortgage rates. You’re wondering what’s going to happen next. And if it’s worth it to move now, or better to wait it out.

The only …

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