Market Updates

Oct. 31, 2026

Rental Vacancy Rose Nationally, but Hampton Roads Tells a Different Story

Published by The Morton Group with AtCoastal Realty | Todd Morton, REALTOR and Owner | October 31, 2026

The practical takeaway: the national rental vacancy rate rose to 7.6% in the third quarter of 2026, but that does not mean Hampton Roads suddenly has abundant rentals or falling rents. …

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Oct. 29, 2026

8,098 Sailor Beds Planned: What the Navy Housing Project Means for Hampton Roads

Published by The Morton Group with AtCoastal Realty | Todd Morton, REALTOR and Owner | October 29, 2026

Homeport Hampton Roads Phase II project facts and civilian market context

The practical takeaway: the Navy's newly closed $1.7 billion Homeport Hampton Roads Phase II program is a major regional housing investment, but it is not 8,098 homes being added to …

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Posted in Market Updates
Oct. 28, 2026

Fed Decision Today: Why HELOC Payments Can Move Faster Than Mortgage Rates

Published by The Morton Group with AtCoastal Realty | Todd Morton, REALTOR and Owner | October 28, 2026

HELOC payment examples for a 0.25 percentage-point APR change

The short answer: a fixed mortgage rate does not automatically change when the Federal Reserve acts, but a variable-rate home equity line of credit, or HELOC, can respond more directly …

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Posted in Market Updates, Selling
Oct. 23, 2026

Mortgage Rates Dip to 7.32%: What It Changes for Hampton Roads Buyers

Published by The Morton Group with AtCoastal Realty | Todd Morton, REALTOR and Owner | October 23, 2026

Freddie Mac 30-year mortgage rate comparison from 7.40 percent to 7.32 percent with estimated payment differences
Original analysis by The Morton Group using Freddie Mac PMMS data. National averages are not personalized mortgage quotes.

The short answer: Freddie Mac's national average 30-year fixed …

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Posted in Buying, Market Updates
Oct. 22, 2026

Closed Sales Rose, Pending Sales Fell: What Hampton Roads Should Know

Published by The Morton Group with AtCoastal Realty | Todd Morton, REALTOR and Owner | October 22, 2026

The short answer: September's housing reports are not contradictory. Existing-home sales count transactions that finished, while pending sales count newly signed contracts that have not closed. Nationally, completed sales rose 1.5% …

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Oct. 21, 2026

Single-Family Permits Fell: What It Means for Hampton Roads New Construction

Published by The Morton Group with AtCoastal Realty | Todd Morton, REALTOR and Owner | October 21, 2026

The practical takeaway: September's decline in national single-family permits and starts suggests builders are becoming more cautious, but it does not mean new homes have disappeared from Hampton Roads. As of …

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Posted in Buying, Market Updates
Oct. 19, 2026

Price Cut or Seller Credit? How Hampton Roads Buyers Should Compare

Published by The Morton Group with AtCoastal Realty | Todd Morton, REALTOR and Owner | October 19, 2026

The practical answer: A seller credit used for a permanent mortgage-rate buydown can sometimes reduce a buyer's monthly payment more than an equal price reduction, while a closing-cost credit may help …

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Posted in Buying, Market Updates
Oct. 15, 2026

Inflation Rose to 3.7%: What It Means for Hampton Roads Housing

September 2026 inflation snapshot for Hampton Roads homebuyers

Published by The Morton Group with AtCoastal Realty | Todd Morton, REALTOR and Owner | October 15, 2026

The practical takeaway: September inflation was hotter than August, but the headline was heavily influenced by gasoline. That does not translate into an automatic change in mortgage rates or Hampton …

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Oct. 14, 2026

Home Sales Rose in September, but Buyers Still Have More Leverage

Published by The Morton Group with AtCoastal Realty | Todd Morton, REALTOR and Owner | October 14, 2026

September 2026 U.S. housing market snapshot showing existing-home sales, inventory and median price
September 2026 national housing data from the National Association of REALTORS. Local conditions can differ.

The short answer: September brought a modest increase in national home sales, …

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Oct. 13, 2026

Mortgage Rates Reach 7.40%: What Hampton Roads Buyers Should Watch This Week

Published by The Morton Group with AtCoastal Realty | Todd Morton, REALTOR® and Owner | October 13, 2026

Graphic showing the Fed target range, Freddie Mac mortgage average and next CPI release date
Original chart by The Morton Group using Federal Reserve, Freddie Mac and BLS data. National indicators; not a mortgage quote or prediction.

Mortgage rates are back in the spotlight. Freddie Mac …

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Posted in Buying, Market Updates