Should Prince William County Buyers Wait for Rates to Fall?

Mortgage rates have been on a roller-coaster ride in 2025. After peaking at 7.04% in January, rates pulled back to the mid-6% range by March, only to bounce again and settle between 6.7% and 6.9% from early May onward. By the last week of July, the 30-year fixed averaged 6.72%, up 5 basis points for

How Low Interest Rates Are Fueling Northern Virginia's Housing Market

The housing market in Northern Virginia has seen unprecedented growth in recent years, fueled in part by historically low interest rates. As potential buyers capitalize on these favorable financial conditions, the region has become a competitive landscape for both homebuyers and investors. In this b

Should You Wait or Buy Now? Making Smart Real Estate Decisions in 2024

The question of whether to wait or buy a home has always been a significant one for prospective homebuyers. However, in 2024, this decision has taken on new complexities due to a few of factors affecting the real estate market. Fluctuating interest rates, changing economic conditions, and shifting b

Seizing the Moment: The Impact of Declining Mortgage Rates on the Real Estate Market

In recent months, the real estate market has experienced a significant shift due to the decline in mortgage rates. This change has sparked increased interest from potential buyers in a low inventory market, resulting in more houses going under contract than usual. While this presents positive news f