ROANOKE, Va. (WDBJ) – Virginia’s housing market is showing early signs of stabilizing after several years of limited inventory and intense competition.
New statewide data shows nearly 8,800 homes sold in September, an 8.9% increase compared to the same time last year. Active listings also grew to 24,700, up more than 25% year-over-year.
The combination of increased inventory and mortgage rates dipping into the low six-percent range is giving buyers more room to re-enter the market…