
Last year, one factor drove the real estate market more than any other: rising mortgage rates.
In March 2022, the Federal Reserve began a series of interest rate hikes in an effort to pump the brakes on inflation.1 And while some market sectors have been slow to respond, the housing market has reacted accordingly.
Both demand and price appreciation have tapered, as the primary challenge for homebuyers has shifted from availability to affordability. And although this higher-mortgage rate environment has been a painful adjustment for many buyers and sellers, it should ultimately lead to a more stable and balanced real estate market.
So what can we expect in 2023? Will mortgage rates continue t...

As we look forward to a new year and all the possibilities that it brings, our real estate agents are reminded that there are so many things to see and do here in Central Virginia. If one of your New Year's resolutions is to learn more, explore more, or have a new experience, we recommend checking out these one-of-a-kind Central Virginia attractions in 2023!

Looking for a fun way to celebrate New Year's Eve in Richmond, VA? Our real estate agents have a few ideas! Richmond is a city that knows how to throw a party, and ringing in the new year is the perfect time to celebrate in style.

The holiday season usually means a little more time off for most people, as well as an influx of guests. That's why it's a good time to take care of some quick home improvement projects that will make your home safer, more comfortable, and more attractive before guests arrive.
Our real estate agents suggest the following home projects you can do during the holiday season:

What could be better than some quality time with family and friends during the holidays? Enjoying that time without having to cook, of course! Whether you're extra-busy this holiday season, having more guests than usual, or simply in the mood to celebrate with a meal from your favorite restaurant, there are tons of great catering options in Richmond that can handle the heavy lifting for you. Our real estate agents have the details on 5 outstanding options for catering in Richmond for your holiday meals.