Found 2 blog entries tagged as virginia.

Key points:

  • During NAR’s annual real estate forecast summit, a panel of economists shared predictions for their markets in 2025.
  • Compared to much of the country, Austin and Florida have significant inventory, while in Virginia and California, supply remains constrained.
  • Regional issues including post-boom rebalancing, chronic underbuilding and job shifts will continue to impact local markets next year.

RealEstateNews.com writes, "As real estate agents and brokers prepare for 2025, they will need to consider how national forecasts — including predictions of more transactions in 2025 — apply to their local markets.

While the mantra "all real estate is local" remains in play, some trends proved fairly consistent between 2020 and…

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While the term "hottest" may no longer mean desperate buyers bidding thousands over asking prices and waiving inspections, it does mean returning to the basics of healthy demand, supply and financing options.GETTY IMAGES

U.S. News reports, "now that the demand for housing is showing renewed signs of life amid lower mortgage rates, declining inflation and a reduced risk of recession, it’s certainly an opportune time to analyze which markets are the hottest across the country. While the term "hottest" may no longer mean desperate buyers bidding thousands over asking prices and waiving inspections, it does mean returning to the basics of healthy demand, supply and financing options.

Because the U.S. News Housing Market Index incorporates so many varied data points, it provides a simple and comprehensive way to rank the covered metropolitan statistical areas (MSAs) from shivering to scorching on a scale of 1-100. Designed to work on desktops and laptops but not on…

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