Buying

March 14, 2025

Is the Housing Market in Virginia Beach Starting To Balance Out?

For years, sellers have had the upper hand in the housing market. With so few homes for sale and so many people who wanted to purchase them, buyers faced tough competition just to get an offer accepted. But now, inventory is rising, and things are starting to shift in …

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March 11, 2025

Should I Buy a Home Right Now? Experts Say Prices Are Only Going Up

 

Virginia Beach Real Estate

At one point or another, you’ve probably heard someone say, “Yesterday was the best time to buy a home, but the next best time is today.”

That’s because nationally, home values continue to rise. And with mortgage rates still stubbornly high and home prices going up, you …

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Posted in Buying
March 3, 2025

More Buyers Are Making Moves — Is It Time To Sell?


More people are taking steps to buy a home. And, if you’ve been waiting for the right time to move, this may be the sign you’ve been looking for.

For the past few years, a lot of would-be homebuyers hit pause on their plans. With rising mortgage rates and affordability …

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Posted in Buying, Selling
Feb. 28, 2025

Is It Better To Rent or Buy a Home Today?

A study shows that 70% of prospective buyers fear the long-term consequences of renting. And here’s why. Rent usually rises over time and that can make it harder to save up to buy a home. But when you buy, you can stabilize your housing expenses and grow your net worth …

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Posted in Buying, Market Updates
Feb. 21, 2025

How To Buy a Home Without Waiting for Lower Rates



Many people are hoping mortgage rates will come down before they buy a home. But will that actually happen? According to the latest forecasts, experts say rates will decline, but not by as much as a lot of people want.

The good news? Even if they don’t drop substantially, there …

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Posted in Buying
Feb. 10, 2025

Home Price Growth Is Moderating in Virginia Beach – Here’s Why That’s Good for You



Over the past few years, home prices skyrocketed. That’s been frustrating for buyers, leaving many wondering if they’d ever get a shot at owning a home. But here’s some welcome news: that whirlwind pace of home price growth is slowing down.

Home Prices Are Rising at a Healthy Pace

At …

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Posted in Buying, Selling
Feb. 3, 2025

Are you tempted to rent for another year before you buy your first house?

Rents Keep Rising

Are you tempted to rent for another year before you buy your first house? Consider this. 

Data shows rents usually rise. And so do home prices. 

So, you could renew your lease, but chances are you’ll pay more in rent than you do now.

But if you buy …

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Posted in Buying
Jan. 27, 2025

3 Reasons To Buy a Home Before Spring



Let’s face it — buying a home can feel like a challenge with today’s mortgage rates. You might even be thinking, “Should I just wait until spring when more homes hit the market and rates might be lower?”

But here’s the thing, no one knows for sure where mortgage …

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Posted in Buying
Jan. 15, 2025

The Truth About Credit Scores and Buying a Home



Your credit score plays a big role in the homebuying process. It’s one of the key factors lenders look at to determine which loan options you qualify for and what your terms might be. But there’s a myth about credit scores that may be holding some buyers back.

The Myth …

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Posted in Buying
Jan. 1, 2025

How Mortgage Rates Affect Your Monthly Payment

Experts say rates will come down slightly in the year ahead – but some volatility is expected. So, you shouldn't try to time the market. Instead, it's better to focus on how even a small change impacts your future mortgage payment. As rates come down, even a little …

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Posted in Buying