Home Equity Explained:

What It Is and Why It Matters

It is often said that homeownership builds wealth. So, what is home equity, and how can it enhance your net worth? 
 
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Bright MLS Housing Market Slowed in July, with Fewer Home Sales than Last Year

 

Prices across the Mid Atlantic continued to rise last month, driven by a greater share of higher-priced homes selling. While new…

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Homeowners Enjoy Record Equity Gains, Even Amid Slowing Sales

 

Although existing-home sales disappointed in June, prices continued their rise. Owners have netted more than $140,000 in appreciation on average in the last five years alone. Read more from NAR’s latest housing report. For homeowners, the news is good: Even as the market stays cool, prices continue heating up, leading to solid gains in appreciation on average in the last five years alone. Read more from NAR’s latest housing report.


For homeowners, the news is good: Even as the market stays cool, prices continue heating up, leading to solid gains in appreciation.

But buyers are trekking cautiously: Existing home sales—completed transactions for single-family homes, townhomes,…

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Should You Sell Your Home Now or Wait Until 2026?

The real estate market is always evolving, and deciding when to sell your home can be a major financial decision. As we move through 2025, homeowners are wondering whether now is the right time to list their property or if waiting until 2026 would be more beneficial.

While the national market is transitioning toward a more balanced state, many sellers still hold an advantage in key locations. So, should you sell now or wait? Here’s what you need to know to make an informed decision.

Key Factors Influencing the Housing Market in 2025

1. Rising Home Values

Home values have increased in 41 of the 50 largest U.S. metro areas, though the rate of appreciation is slowing. Nationally, prices are…

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Housing Market Predictions for 2025: What's Next for Buyers and Sellers

With 2024 fast receding in the rear view, it’s time to look ahead to see what buyers, sellers and renters can expect over the next year. 

2025 should prove to be another breather year for prospective buyers with slower home value growth and mortgage rates that stay below some of the peaks we saw in 2024.

“Buying a home in 2024 was surprisingly competitive given how high the affordability hurdle became,’’ says Zillow® Chief Economist Skylar Olsen. “More inventory should shake loose in 2025, giving buyers a bit more room to breathe.”



Abuzar Waleed

RE/MAX Galaxy & The Team USA

888-884-3396  |  703-622-3213

abuzarwaleed@remaxgalaxyrealty.com

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NVAR Region 2024 Residential Real Estate Market Forecast Mid-Year Update

 

While both the residential and commercial continue to stabilize, the region’s real estate market still has not reached a post-pandemic equilibrium. The inflation rate has continued to slow, with core inflation declining steadily since September 2022. Additionally, the national labor market has remained stronger than anticipated. While hopes of a soft-landing remain, there are continued signs of weakness

Northern Virginia July 2024 home sales increased by 13.5% from last July providing more optimism in a year marked by ups and downs. Contributing to the growth, inventory increased…

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2023 Northern Virginia Home Sales Down Overall from Previous Year but Lowering Rates Point to a Better 2024, Reports NVAR

December Continued Trends—Sales and Inventory Low

 

FAIRFAX, Va. (January 12, 2024) – Like December, 2023 Northern Virginia home sales overall declined from 2022, driven by high mortgage rates and scarce inventory, while prices continued to climb. The forecast for 2024 is looking up as declining mortgage rates are expected to bring some relief

“December home sales data reflects much of the whole year as real estate continues to seek a new normal following the pandemic,” explained NVAR Board President Thai-Hung Nguyen

Better Homes & Gardens Real Estate Premier. “We anticipate that 2024 will bring more choices as lower…

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Northern Virginia Housing Market Moderated in October, Reports NVAR Slightly More Inventory Seen as Positive Sign 

FAIRFAX, Va. (November 14, 2023) – Northern Virginia home sales declined only 5.6% while prices rose 3.1% from the previous October, showing more moderation than recent months, reported the Northern Virginia Association of Realtors® (NVAR)

“We saw a few promising signs in October. Declines in home sales were less dramatic this past month while supply grew, inching closer to the five-year average. This means that homebuyers had more choices than a year ago. If mortgage rates dip, we will likely see more activity since buyers and sellers have both been waiting for better rates,” explained NVAR Board Member Arshia Kia with KW Metro…

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Forecasted Shifts Occur in Northern Virginia Housing Market: May Reflects Declines in Sales and Inventory, Says NVAR    Prices Hold Steady Compared to Previous Year   FAIRFAX, Va. (June 13, 2023) – Northern Virginia home sales were down 24.9% compared to May 2022, as home values remained strong but inventory lacked. Mortgage rates have receded slightly from recent spikes, and sales increased 27.3% in May compared to April 2023, showing expected strength during what is traditionally the busiest time of the year, according to the Northern Virginia Association of Realtors® (NVAR).    “The environment may be different than a year ago, but we are still selling homes,” said NVAR Board Member Colleen Wright. “The small decrease in mortgage…

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Home Sales are Down but Prices Remain Steady in Northern Virginia   FAIRFAX, VA (May 11, 2023) – Northern Virginia home sales remained muted in April, declining 33.6% from April 2022, according to the Northern Virginia Association of Realtors® (NVAR). The year-over-year decline is in line with previous months. While closed sales were down compared with April 2022, closed sales increased 3.6% from March.   “It’s reassuring to see the subtle increase in sales activity month over month. Annual trends suggest that demand rises in the spring and this year is no exception,” says NVAR CEO, Ryan McLaughlin. “Furthermore, what we see is consistent with recent trends over the past few months – there are less sales happening now than this time last year,…

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Outlook is Good as Northern Virginia March Homes Sales Jump More than 38% from February Despite Decline from Last Year, Says NVAR   Inventory Low and Prices Up as Region Enters Spring Market   FAIRFAX, Va. (April 14, 2023) – Northern Virginia home sales increased 38.4% in March, compared to February 2023 signaling that the spring market is coming on strong, as expected with seasonal trends. The optimism prevails despite sales dropping 32.1% compared to March 2022 as the market continues to return to pre-pandemic norms, according to the Northern Virginia Association of Realtors® (NVAR).    “The growth from February is part of our seasonal cycle. Spring market is traditionally hot, and we are seeing lots of interest in buying homes.…

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