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Central Virginia Home Sales Update – Good & Bad

There is good and bad news for Central Virginia Homes Sales. First the good news. Inventory is up 35% year to date. But, the bad news is that is still substantially low compared to 2020. New construction home sales are leading the way. The majority of experts agree that is mainly because “that is what’s available”. They make note that new construction inventory is approximately one third of all available home sales inventory.

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