Last week, we scored a MAJOR win in the health insurance battle. Governor Glenn Youngkin announced his 2022 Legislative Agenda, and REALTOR® group health insurance is on the list. HOWEVER, we’re not there yet. We need your help and support. We need to make sure the General Assembly knows and understands the need to give YOU more…
Read More “Tell the General Assembly to pass association healthcare this year. ” »
Key Market Trends: December 2021 Sales activity slowed down in the Virginia Peninsula market for the first time since May of 2020. Pending sales activity continues to plummet in the region. Home prices are climbing even with a slowdown in sales because inventory is tight. Supply level relatively flat, though fewer new listings coming on…
Read More “Virginia Peninsula REALTORS Market Indicators Report – December 2021” »
Too many #VirginiaREALTORS struggle with the high cost of health insurance or simply go without. This is unacceptable. ACT NOW and tell your state legislators that this is the year to pass SB 335 and HB 768 to allow more options for affordable, quality health care coverage. virginiarealtors.org/take-action
By Ryan Price, Virginia REALTORS® Deputy Chief Economist Mortgage rates just rose to their highest level since March 2020 but are still historically low. According to Freddie Mac, the average rate for a 30-year fixed mortgage, as of January 13, 2022, was 3.45%. While this is about two-thirds of a percentage point higher than this time last year, and the highest level since March of 2020, it still remains very low by historic standards. Rates for 30-year fixed…
