Virginia REALTORS: “According to the June 2023 Virginia Home Sales Report released by Virginia REALTORS®, at the end of June, there were 16,246 active listings on the market throughout the state. This is 3,129 fewer listings than last year, more than a 16% reduction.”
“The supply is tight in most parts of Virginia and fewer sellers are listing their homes. New listings in June fell 25% from last year to just 12,135, the lowest June level in more than ten years. The largest decline in supply occurred in Northern Virginia, the Fredericksburg region, and parts of the Richmond Metro Area.
“One factor that’s keeping Virginia’s supply levels low is the ‘lock-in effect’, meaning that many would-be sellers are opting to stay in their homes because of the ultra-low mortgage rates they obtained in 2020 and 2021,” says Virginia REALTORS® 2023 President Katrina M. Smith.”
The Realtor Association of Prince William also reports a decline.
Recent Stories
The Stafford Race Series is set to kick off on April 5, 2025, with four races scheduled throughout the year, bringing together runners, families, and fitness enthusiasts for a community-driven experience.
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McClung-Logan Equipment Company is hosting its 40th Annual Oyster Roast, a signature customer appreciation event celebrating tradition, community, and generosity.
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The first Oyster Roast began as a fundraiser in 1985, led by White Oak Equipment founder Frank McCarty, to raise donations for an employee battling cancer. This turned into a time-honored tradition for individuals facing hardship.
A Night on the Riviera
Experience a magical evening at the Embassy of France with A Night on the Riviera, an event that will transport you to the glamour of the French Riviera while celebrating the vibrant spirit of Mardi Gras!
Indulge in an exquisite selection of French wines and champagne, paired with the finest French cuisine prepared by the talented Chef of the Embassy of France. Additionally, Chef Hugh Cossard will be carving ham live, ensuring freshness and exceptional flavor. Don’t miss out on the authentic French crêpes, made to order and sure to transport you straight to the streets of Nice.
For those seeking an extra touch of exclusivity, the VIP experience includes unlimited champagne, adding an extra layer of sophistication to this festive celebration.
Environmental Film Festival: Turtle Walker
DC Premiere.
In the late 1970s, Satish Bhaskar embarked on an epic journey along India’s coastline and the spectacular Andaman and Nicobar Islands, where he uncovered the vital nesting beaches of sea turtles. During his death-defying quest, he unravels mysteries
