Housing Market Continues Balancing Act - Competition Eases for Home Buyers
Posted by Abuzar Waleed on
Northern Virginia Housing Market Continues Balancing Act in September; Competition Eases for Home Buyers
Fairfax, Va. – “Across northern Virginia, sales are still brisk and inventory is still low. But what we experienced for September was more of a reversion to the mean, resembling a more typical fall market like we had in 2019 or 2018, rather than the outlier of 2020,” said Derrick Swaak, president of the Northern Virginia Association of Realtors®(NVAR) and a partner and managing broker with TTR Sotheby’s International Realty in McLean, Va. The result is that home buyers in the NVAR region faced less competition in September, compared to earlier in the year. “Comparing September activity to the previous year, the number of houses…671 Views, 0 Comments