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Year To Date Home Sales Virginia Shows Mixed Bag

Year to date home sales in Virginia show a mixed bag of ups and downs. Richmond Metro which is part of Central Virginia Region was Down 0.6%. Shocker? Not to me. Working full time in the Richmond Metro Market myself and others can feel it. Feel what? Feel a slow but steady shift from a sellers market to a tweener – neutral market. Don’t get me wrong it’s still a sellers market for sure but the tide is turning with higher interest rates than prior, now the new norm and strong recent home price rises.

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