Pumpkin Patches and Fall Festivals in Northern Virginia

Now that Fall is here, it’s time to get out, celebrate and find that perfect pumpkin! Before you go, be sure to read below about some favorite Fall Festivals and pumpkin patches in the Northern Virginia area (and a little beyond). Let us know in the comments if you have any to add! Oh how we love fall in Virginia….

DePaul’s Urban Farm, 2599 Chain Bridge Road, Vienna, VA

Beautiful pumpkin patch, wide variety of mums, delicious apples, apple cider, Kettle Korn and more!

Hours: Daily from 10 a.m. to 5 p.m.

Reston Farms Garden Market Fall Fest 2022, 10800 Baron Cameron Avenue, Reston, VA

Open September 24 – October 30th. Tons of activities, fun and food! Visit their website to purchase tickets (tickets include access to the bounce houses, games, train ride, petting zoo and a free pumpkin for each paid child’s ticket). Extras (like balloon and face painting, animal feed, etc) can be purchased at a reduced cost).

Hours: Daily 9 a.m. to 6 p.m.

Meadows Farms Nurseries, various locations (visit the website for addresses)

Open October 1st – October 31st. Includes a pumpkin patch, moon bounce, giant “scarecrow”, haunted buses, straw mazes and more! They also have decorative gourds, face pumpkins, cornstalks, mini hay bales, straw, and various other Halloween décor.

Hours: 8 a.m. to 7 p.m. Monday through Saturday and 9 a.m. to 6 p.m. Sunday

Merrifield Garden Center, 8132 Lee Highway, Falls Church, VA or 12101 Lee Highway, Fairfax, VA

Pumpkins, wide variety of mums and other fall annuals, Fall and Halloween decor.

Hours: 8 a.m. to 7 p.m. Monday through Saturday and 8 a.m. to 6 p.m. Sunday

Krop’s Crops, 11110 Georgetown Pike, Great Falls, VA

Hayrides to the pumpkin patch, Winchester apples, fresh-pressed apple cider, fall squash and gourds, harvest and Halloween decorations, farm animals and a corn bin to play in.

Hours: Daily from 10 a.m. to 6 p.m. Walk-in hayrides to pumpkin patch available weekends in October from 11 a.m. to 4 p.m.

Cox Farms Fall Festival, 15621 Braddock Rd, Centreville, VA

Open September 24th – November 8th. World-famous hayride, corny Conundrum, slides and more. Visit their website for more details and purchase tickets.

Hours: 10 a.m. to 6 p.m. (5 p.m. in November), last entry one hour before closing. Festival open Thursday through Monday weekly. Closed Tuesday and Wednesday (except Tues, Nov 8th) but Market is open daily.

Burke Nursery & Garden Centre Fall Farm Market & Pumpkin Patch, 9401 Burke Road, Burke VA

Open October 1st – October 31st. Enjoy a pumpkin patch with Halloween-inspired backdrops, Halloween decorations, apples, gourds, hot chocolate, apple cider donuts and more! Pony rides offered Saturday and Sunday 10 a.m. to 5 p.m.

Hours: 9 a.m. to 7 p.m. Monday through Saturday. 9 a.m. to 6 p.m. Sunday

Pumpkin Village, 19246 James Monroe Hwy, Leesburg VA

Open September 17th – November 6th. Fall Fest is full of family activities…hill slides, Kiddie zip line, pony rides, hay maze, moon bounces, wagon rides, pedal carts, weekend entertainment and more. Visit their website to see additional activities offered on weekends and Columbus Day and to get ticket information.

Hours: 9:30 a.m. to 5 p.m. Monday, Wednesday & Thursday (closed Tuesdays). 9:30 a.m. to 6 p.m. Friday. 9:30 a.m. to 1:30 p.m. OR 2 p.m. to 6 p.m. Saturday and Sunday (and Columbus Day).

Wayside Farm Fun, 5273 Harry Byrd Highway (Route 7), Berryville, VA

Open September 24th – October 30th. “Whether you are here to find the perfect pumpkin for carving Jack-o-lanterns, to find your way through our 10-acre corn maze, or to take in the scenery of our grounds while the kids enjoy all of our activities, our fun farm has something for everyone!” General admission information on their website.

Hours: Thursday – Sunday & Columbus Day (Oct 10)

Great Country Farms Fall Pumpkin Harvest Festival, 34345 Snickersville Turnpike, Bluemont, VA

Open October 1st -October 31st. Many activities to choose from! Including…picking pumpkins, corn maze, pig races, cider pressing demonstrations, roasting marshmallows, barn animals, wagon rides and more! Visit their website for all activities (some offered on weekends only) and tickets information.

Hours: Daily 10am-5pm, weekends 9am-5pm (last entry to pick your own at 4pm)

Fairfax County 2022 Real Estate Tax Assessments Are Available!

No Change Proposed to Current Rate But Your Tax Bill Will Probably Increase

Those of you who live in Fairfax County should be receiving your real estate tax assessment shortly.

For a large number of you (92%!), the assessment went up (2.8% saw a decrease and 5.2% were unchanged). On average, residential real estate assessments are up 9.57%.

Note: the Board of Supervisors has not yet adopted the 2022 tax rate and will do so later this spring. On February 22nd the FY 2023 Budget was presented to the Board and included no change to the current Real Estate Tax Rate tax rate ($1.14 per $100 of assessed value). However, an equalization rate of 9.57% (the market-driven change in property value) would mean the average tax bill would increase by approximately $666 based on the proposal.

Assessments increased in most areas of the county due to record low interest rates, low housing inventory and high demand. (Other factors include sales in the neighborhood, average days on market, sales volume, improvements, new construction, and size, age and condition of the property.)

(If you do not receive your notice, you can check your Fairfax County assessment value online)

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Here are some overall stats from Fairfax County:

Of the 356,967 taxable parcels in Fairfax County:

• 334,334 have an assessment change
• 22,633 have no assessment change

Here’s the breakdown of average home property assessment by property type (averages are not necessarily indicative of individual properties or neighborhoods):

• Single family detached homes – $807,450, up 10.86%
• Townhouse /duplex properties – $501,743, up 8.70%
• Condominiums – $320,940, up 3.98%

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Now. Truth be told – the assessments in Fairfax County are oftentimes LOWER than actual “market value” (meaning what a “willing Seller” and “willing Buyer” agree a property is worth by ratifying a contract to sell/buy that property.)

If you are thinking of buying a home in Fairfax County, don’t be deceived into thinking you will be able to buy a home for about what the County has assessed as the value of the property. We are often asked how a Seller could justify an asking price above the Fairfax County tax assessment.

Assessed value is just ONE factor to look at when buying or selling. A better place to start is with a FREE INSTANT online estimate. Then schedule an appointment with The Belt Team for a custom estimate.

If you think your assessment is wrong, Fairfax County does have an appeal process. You can file an online appeal prior to April 1st. More info here.

Also note that Seniors and People with Disabilities may be eligible for the county’s tax relief program. More info here.

If you have questions about your assessed value, the market value of your home or are thinking of buying or selling a home, give The Belt Team a call (703) 242-3975. We are happy to help you make the right move!

Home Sale Statistics in Northern Virginia – October 2021

The Northern Virginia market remains historically strong with home prices still pushing upwards and sales seasonally strong.  Low inventory still prevails.  The market is still driving above the speed limit, though not nearly as fast as the Spring.  There are potential headwinds on the horizon as interest rates are starting to increase coupled with inflation affecting housing affordability concerns.

The October 2021 market stats for Northern Virginia are below.  Be sure to also click the links at the end of the page to get more information on some hyper local NOVA communities.

Northern Virginia October 2021 Home Sale Stats:

• 3,929 homes went under contract in the region. This is equal to the number from the same time period in 2020.

• 50% of the homes that went to settlement in October 2021, sold in 10 days or less from when they hit the market.

• Average sold price was $674,622 (up 11% from the same time period in 2020).

• 4,046 homes came on the market. That’s down 18% from October 2020.

• Homes that sold (closed) averaged 19 days on market, 3 days slower than October of 2020.

• There is currently a 0.9 month supply of homes (remember, in a balanced market – the demand from buyers equals the supply from sellers – there is a 5-6 months supply) in the Northern Virginia – and 3,495 homes for sale (townhouse, condo and single-family).

OVERALL: Northern Virginia remained a Seller’s Market. We didn’t see a significant change in the monthly numbers but the market did slow a bit…inventory was down from September as well as down 9.5% year-over-year.  The average sold price did increase again and was up 11% from 2020!  

It is still so critical to work with an experienced agent whether you are buying or selling.  So, if you are thinking of buying or selling, contact us NOW (703-242-3975).

To see what the conditions are like in your community, click on the link to your desired city below! 

Vienna: October 2021 Home Sales

Oakton: October 2021 Home Sales 

McLean: October 2021 Home Sales 

Great Falls: October 2021 Home Sales 

Reston: October 2021 Home Sales 

Falls Church: October 2021 Home Sales 

Arlington: October 2021 Home Sales

Alexandria: October 2021 Home Sales  

*Data compiled from SmartCharts, MarketStats by ShowingTime, whose data comes directly from the Multiple Listing Service (MLS).

Want to know what your home is worth? Click below to get our free instant home valuation!

Selling Your Home During The Holidays – Good Idea or Bad?

As Thanksgiving approaches, we often get the question, “Should I wait to go on the market until after the holidays?” or “My home is on the market now, should I take it off during the holidays?”. Well, the answer is “It depends“! Here are some things you might want to consider if you’re thinking of selling your home during the holidays (and you can start here with a FREE online estimate of what your home is worth.)

• If your home is already on the market, it may be a good idea to stay on the market, especially with the extremely low level of inventory and high number of purchasers.  Buyers who are looking at homes during the holidays are usually “Real Buyers” and not just “lookie-loos”. Beth Dadisman, Buyer Specialist for The Belt Team, says “I have multiple buyers who are VERY motivated to buy during this timeframe.” And Gail Belt, Founding Partner of The Belt Team says, “My experience is that Buyers who are out looking at property during the holidays tend to be serious buyers. There may not be as many people looking at your house, but the ones who come NEED to buy or they wouldn’’t be out looking at this time of year.” Beth added, “My husband and I have moved 3 times in January. So we were some of those serious buyers looking in December!”

• During the holidays, many Sellers take their homes off the market. This means we often see inventory drop and therefore if you’re on the market, you may have less competition.  However, it depends on your situation.  We advise many of our sellers to stay on the market. We can work with you to restrict showings on special days like Thanksgiving. But selling now before Spring competition picks up might be in your best interests.  Terry Belt, CEO of The Belt Team adds, “If you do go off the market now, consider coming back on immediately in the new year. In many areas, homes sell for more money in January-February than they do in the typical “Spring Market”  of March-April.”

• What is your true motivation? Do you truly want/need to sell? If you’re just “testing the market” (IE – if you are not realistically pricing your home to what TODAY’S Buyers are willing to pay), then now is NOT the time to go on the market. Your home will likely not sell, and then when Spring arrives – your home will be “stale on the market”.  Prospective Buyers may wonder what’s wrong with your home and why has it been on the market so long.  (This is true at any time of year. Overpricing stigmatizes your home and hurts your eventual bottom line significantly.)

• “Set your expectations properly.”  Plan accordingly and prepare yourself & your family to be ready to juggle preparation & showings with other seasonal activities. (And if you have little ones, maybe Santa’s upcoming visit will encourage them to keep their rooms clean!)

• Some Sellers really should wait until Spring. While most homes look better in the Spring when the trees fill out & flowers are in bloom, this is not usually a reason to wait for Spring. (That’s what everyone does and that just means more competition.) However, some homes are an exception to this rule. For example, Terry Belt shares, “We had a listing that backed to a cemetery. And while some people like that idea (quiet neighbors!), most people don’t like the reminder when they look out the window of their home. This is an item that can severely impact salability and price. In this case, we advised our Sellers to wait a few extra months and put their home on the market when trees were fully blossomed and the cemetery was not visible. You cannot get rid of extraneous factors like a cemetery, but you can mitigate their impact.”

• If you do go on the market, don’t forget that Buyers looking at your home are trying to picture themselves & their families in your home. This is hard to do if your home is over-decorated with holiday knick knacks. You may want to be a little more restrained than you normally would be when putting up your decorations.  Too many decorations can also make your rooms look smaller than they really are. In addition, Winter is a dark time of year, so make sure you keep your home as light-filled as possible. Open the drapes, raise the blinds and turn on all your lights. The few extra pennies will be worth it!

If you need help working through what is the best time to put your home on the market, contact The Belt Team at (703) 242-3975 or Info@TheBeltTeam.com. Every situation is different and we would be happy to help you figure out what is best for YOU!

Home Sale Statistics in Northern Virginia – September 2021

“The leaves are changing, but the housing market is not.”…Terry Belt

We didn’t see many changes to the housing market in the Region compared to August.  Bottom line: the market is still HOT…it’s a sellers market & prices continue to appreciate (good news for sellers) AND even though inventory remains low, there was a slight uptick in the number of homes on the market last month & interest rates remain historically low (good news for buyers)!

The September 2021 market stats for Northern Virginia are below.  Be sure to also click the links at the end of the page to get more information on some hyper local NOVA communities.

Northern Virginia September 2021 home sales:

• 3,749 homes went under contract in the region. This is down 7% from the same time period in 2020.

• 54% of the homes that went to settlement in September 2021, sold in 10 days or less from when they hit the market.

• Average sold price was $635,339 (up 3% from the same time period in 2020).

• 4,774 homes came on the market. That’s down 4.5% from September 2020.

• Homes that sold (closed) averaged 18 days on market, equal to September of 2020.

• There is currently a 1.1 month supply of homes (remember, in a balanced market – the demand from buyers equals the supply from sellers – there is a 5-6 months supply) in the Northern Virginia – and 4,146 homes for sale (townhouse, condo and single-family).

It is still so critical to work with an experienced agent whether you are buying or selling.  So, if you are thinking of buying or selling, contact us NOW (703-242-3975).

To see what the conditions are like in your community, click on the link to your desired city below! 

Vienna: September 2021 Home Sales

Oakton: September 2021 Home Sales 

McLean: September 2021 Home Sales 

Great Falls: September 2021 Home Sales 

Reston: September 2021 Home Sales 

Falls Church: September 2021 Home Sales 

Arlington: September 2021 Home Sales

Alexandria: September 2021 Home Sales  

*Data compiled from SmartCharts, MarketStats by ShowingTime, whose data comes directly from the Multiple Listing Service (MLS).

Want to know what your home is worth? Click below to get our free instant home valuation!

Pumpkin Patches and Fall Festivals in Northern Virginia

Now that October is here, it’s time to get out and celebrate Fall and find that perfect pumpkin! Before you go, be sure to read below about some favorite Fall Festivals and pumpkin patches in the Northern Virginia area. Let us know in the comments if you have any to add! Oh how we love fall in Virginia….

DePaul’s Urban Farm, 2599 Chain Bridge Road, Vienna, VA

Beautiful pumpkin patch, wide variety of mums, delicious apples, apple cider, Kettle Korn and more!

Hours: Daily from 10 a.m. to 5 p.m.

Reston Farms Garden Market Fall Fest 2021, 10800 Baron Cameron Avenue, Reston, VA

Annual Fall Fest is back…tons of activities, fun and food (now through Oct 31st)! Visit their website to purchase tickets (tickets include access to the Spookley the Square Pumpkin’s self-guided learning maze, bounce houses, games, train ride, petting zoo and much more).

Hours: Daily 9 a.m. to 7 p.m. No ticket required to shop in the Garden Market

Meadows Farms Nurseries, 10618 Leesburg Pike, Vienna VA

Fall festival the month of October. Includes a pumpkin patch, complete with a moon bounce, giant “scarecrow”, and spooky bus. They also have decorative gourds, face pumpkins, cornstalks, mini hay bales, straw, and various other Halloween décor.

Hours: 8 a.m. to 7 p.m. Monday through Saturday and 9 a.m. to 6 p.m. Sunday

Merrifield Garden Center, 8132 Lee Highway, Falls Church, VA or 12101 Lee Highway, Fairfax, VA

Pumpkins, wide variety of mums and other fall annuals, Fall and Halloween decor.

Hours: 8 a.m. to 7 p.m. Monday through Saturday and 8 a.m. to 6 p.m. Sunday

Krop’s Crops, 11110 Georgetown Pike, Great Falls, VA

Hayrides to the pumpkin patch, Winchester apples, fresh-pressed apple cider, fall squash and gourds, harvest and Halloween decorations, farm animals and a corn bin to play in.

Hours: Daily from 10 a.m. to 6 p.m. in shop. Walk-in hayrides to pumpkin patch available weekends in October from 11 a.m. to 4 p.m.

Cox Farms Fall Festival, 15621 Braddock Rd, Centreville, VA

World-famous hayride, corny Conundrum, slides and more. Visit their website for more details and purchase tickets.

Hours: 10 a.m. to 6 p.m. (5 p.m. in November). Festival open Friday through Monday weekly Sept 25th through Nov 7th. Closed Tuesday through Thursday (but Market is open daily).

Burke Nursery & Garden Centre Fall Farm Market & Pumpkin Patch, 9401 Burke Road, Burke VA

Fall Farm Market From Oct 1st to Oct 31st. Also enjoy a pumpkin patch with Halloween-inspired backdrops. Pony rides offered Saturday and Sunday 10 a.m. to 5 p.m. Fall celebrations are limited this year.

Hours: 9 a.m. to 7 p.m. Monday through Saturday. 9 a.m. to 6 p.m. Sunday

Pumpkin Village, 19246 James Monroe Hwy, Leesburg VA

Fall Fest is full of family activities…hill slides, Kiddie zip line, tree house slide, lawn games, hay maze, petting zoo, pedal carts, weekend entertainment and more. Visit their website to see additional activities offered on weekends and Columbus Day and to get ticket information.

Hours: 9:30 a.m. to 5 p.m. Monday, Wednesday & Thursday (closed Tuesdays). 9:30 a.m. to 6 p.m. Friday. 9:30 a.m. to 1:30 p.m. OR 2 p.m. to 6 p.m. Saturday and Sunday (and Columbus Day).

10732 Wynkoop Dr, Great Falls VA 22066 – Just Listed by The Belt Team!

Price and full features: 10732 Wynkoop Drive, Great Falls VA 22066

Welcome to 10732 Wynkoop Drive…a Williamsburg Colonial in sought-after Foxvale Farm! Nicely landscaped and set back on half acre lot with spectacular view of 6+ acres open, park-like common area. This updated 4BR/2.5BA home features a main level with open family/dining/eat-in kitchen, hardwood floors, lower level rec room and amazing outdoor living spaces. Neighborhood is located in the heart of Great Falls, is close to Great Falls Village Center, Reston, Tysons, commuter routes, shopping, dining and is in the Langley HS pyramid. Welcome Home!

Call Terry Belt at (703) 242-3975 for more details or to schedule a showing!

• Free Instant Online Home Valuation – What Is My Home Worth?
• Search Great Falls Homes For Sale Up To $900,000
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• Search ALL Homes For Sale in GREAT FALLS VA

Call The Belt Team at (703) 242-3975 if you are thinking of buying or selling. The Belt Team has been in business for over 50 years and has sold over $1 Billion in transaction volume!

Home Sale Statistics in Northern Virginia – August 2021

So are you wondering…what’s the housing market looking like at the end of summer? Are sales up or down? Is inventory still a challenge? And what about home prices? Watch the video below for answers!

Here are more statistics for the August 2021 housing market in Northern Virginia. Be sure to also click the links at the bottom of the post for the August market stats for some hyper local areas.

Northern Virginia August 2021 home sales:

• 4,033 homes went under contract in the region. This is down 9% from the same time period in 2020.

• 58% of the homes that went to settlement in August 2021, sold in 10 days or less from when they hit the market.

• Average sold price was $645,551 (up 6% from the same time period in 2020).

• 4,634 homes came on the market. That’s down 0.8% from August 2020.

• Homes that sold (closed) averaged 15 days on market 1 day faster than in August of 2020.

• There is currently a 1.0 month supply of homes (remember, in a balanced market – the demand from buyers equals the supply from sellers – there is a 5-6 months supply) in the Northern Virginia – and 3,932 homes for sale (townhouse, condo and single-family).

OVERALL: Northern Virginia remained an aggressive Seller’s Market. The market slowed a bit but we didn’t see a significant change in the numbers from July to August.  We continued to see some decrease in the year-over-year numbers but the average sold price was up again from 2020.

It is still so critical to work with an experienced agent whether you are buying or selling.  So, if you are thinking of buying or selling, contact us NOW (703-242-3975).

To see what the conditions are like in your community, click on the link to your desired city below! 

Vienna: August 2021 Home Sales

Oakton: August 2021 Home Sales 

McLean: August 2021 Home Sales 

Great Falls: August 2021 Home Sales 

Reston: August 2021 Home Sales 

Falls Church: August 2021 Home Sales 

Arlington: August 2021 Home Sales

Alexandria: August 2021 Home Sales  

*Data compiled from SmartCharts, MarketStats by ShowingTime, whose data comes directly from the Multiple Listing Service (MLS).

Want to know what your home is worth? Click below to get our free instant home valuation!

Home Sale Statistics in Northern Virginia – July 2021

The Northern Virginia market didn’t look much different in July vs June but what about compared to July of last year? Listen to Terry answer that plus another common question we get…is August/end of summer a good time to sell? Hint: his answer is different this year. Watch to find out why!

Here is a summery of the Northern Virginia market for July 2021. Then be sure to click the links at the bottom of the post for the July market stats for some hyper local areas.

Northern Virginia July 2021 home sales:

• 4,099 homes went under contract in the region. This is down 6% from the same time period in 2020.

• 70% of the homes that went to settlement in July 2021, sold in 10 days or less from when they hit the market.

• Average sold price was $662,192 (up 7% from the same time period in 2020).

• 5,026 homes came on the market. That’s down 4% from July 2020.

• Homes that sold (closed) averaged 12 days on market 7 days faster than in July of 2020.

• There is currently a 0.9 month supply of homes (remember, in a balanced market – the demand from buyers equals the supply from sellers – there is a 5-6 months supply) in the Northern Virginia – and 3,693 homes for sale (townhouse, condo and single-family).

OVERALL: Northern Virginia remained an aggressive Seller’s Market. As with last month, we didn’t see a significant change in the monthly numbers from June to July, but we did see some slowing in the year-over-year numbers.

It is still so critical to work with an experienced agent whether you are buying or selling.  So, if you are thinking of buying or selling, contact us NOW (703-242-3975).

To see what the conditions are like in your community, click on the link to your desired city below! 

Vienna: July 2021 Home Sales

Oakton: July 2021 Home Sales 

McLean: July 2021 Home Sales 

Great Falls: July 2021 Home Sales 

Reston: July 2021 Home Sales 

Falls Church: July 2021 Home Sales 

Arlington: July 2021 Home Sales

Alexandria: July 2021 Home Sales  

*Data compiled from SmartCharts, MarketStats by ShowingTime, whose data comes directly from the Multiple Listing Service (MLS).

Want to know what your home is worth? Click below to get our free instant home valuation!

3 Hot Topics in the Housing Market Right Now

If you’re a prospective buyer or seller, it’s important to understand the current real estate market conditions and how they affect you. The Counselors of Real Estate (CRE) just released its Top Ten Issues Affecting Real Estate report. Here are three hot topics from the list and how they impact today’s housing market.

Technology Acceleration and Innovation

The past year ushered in many changes to the real estate industry, especially when it comes to technology. The CRE report elaborates on this:

“Lockdown-driven changes in our work, in the economy, in social structures, and in our personal behavior have pushed our reluctance aside. The acceleration and adoption of technology during the pandemic has impacted everything, and real estate is no exception.”

For real estate, innovations like digital documentation, virtual tours, and video chat enable agents to connect with clients no matter their location. These options are ideal for prospective buyers and sellers who aren’t local to the area or those that need the added flexibility signing documents online or doing virtual tours provide. That’s why many trusted real estate advisors will continue to use these technologies moving forward to best serve their clients.

Remote Work and Mobility

Working from home became the reality for many individuals during the pandemic, and the latest list from the CRE identified remote work and mobility as an important influence on the real estate market. As the report notes:

“…the pandemic universally caused a movement away from urban cores, particularly for those with higher incomes who could afford to move and for lower-income individuals seeking lower costs of living. Most of these relocations remained within their original region—84%—and, while some are returning, it is unknown as to the permanence of these movements or whether they represent a true urban exodus.”

With the added mobility remote work offers, where people are moving and where they can ultimately purchase a home is less dependent on a physical office location. This newfound flexibility is giving remote workers the opportunity to move to more affordable areas and buy more home for their money.

Housing Supply and Affordability

Finally, the limited supply of houses for sale and the related affordability challenges also makes CRE’s list of key factors this year:

“According to the National Association of Realtors®, the state of America’s housing inventory is dire, with a chronic shortage of affordable and available homes needed to support the nation’s population.”

There is good news. Homes are still more affordable than they have been historically thanks to today’s low mortgage rates. And while housing supply is still low, we’re seeing steady increases in the number of homes coming to market, which gives hope to homebuyers. As the supply of homes for sale improves, buyers will have more options.

Bottom Line

New technology, remote work, housing supply, and home affordability are key factors in the housing market right now for both buyers and sellers. If you want to better understand how these topics can impact you, let’s connect today! (703) 242-3975 | Info@TheBeltTeam.com | Contact Us