Hi guys, Welcome to the Advanced Video Search Engine, and you are watching Northern Virginia and Washington DC 2024 Housing Market Predictions [WILL BE WILD]. That video is uploaded by Chris Colgan: Virginia and Washington DC Living at 2023-12-05T18:09:32-08:00. We are promoting this video only for entertainment and educational purpose only. So, I hope you like & enjoy it. [PQDQdAGjYOY]
| Name | Northern Virginia and Washington DC 2024 Housing Market Predictions [WILL BE WILD] |
| Video Uploader | Video From Chris Colgan: Virginia and Washington DC Living |
| Upload Date | This Video Uploaded At 06-12-2023 02:09:32 |
| Video Discription | The Washington DC and Northern Virginia real estate market in 2024 is anticipated to undergo significant changes according to realtor Chris Colgan and Bright MLS predictions. In 2023, there was a 22% decrease in market activity due to rising interest rates, leading to fewer listings as many homeowners opted to retain their low-rate mortgages. However, demand remains strong, especially among first-time buyers, despite a 45% reduction in listings compared to pre-pandemic levels. For 2024, a rebound is expected with a 13% increase in home sales and a substantial rise in listings due to various life changes. Interest rates are projected to stabilize around 5.5% to 6%, prompting more homeowners to sell. Home prices are predicted to grow modestly by 1% to 3%. The suburban areas, offering more affordable housing, are likely to attract more buyers, with a shift towards areas like Arlington and Alexandria due to job opportunities and transportation. The market is set to be more active than in 2023, but will not reach pre-pandemic activity levels, moving towards a more balanced and sustainable state. 🚨Subscribe to my channel! 👇👇👇👇👇 ✅ https://bit.ly/3sQ9s0p We have so many people contacting us who are moving to the Northern Virginia are and we Love it!! Honestly if you are thinking of moving or relocating to the Virginia and DC area, we can make the move so much easier for you!!! Contact the Team - Chris Colgan - Virginia Realtor 📞Call/Text Direct at 571-437-7575 📧 Email: info@colganteam.com EXP Realty License - 0225 075803 Follow us on Instagram! https://www.instagram.com/chriscolganteam PQDQdAGjYOY |
| Category | People & Blogs |
| Tags | washington dc | northern virginia | virginia dmv area | washington dc real estate | northern virginia real estate | living in northern virginia | living in washington dc | real estate market 2024 | moving to northern virginia | northern virginia housing market | northern virginia real estate market | northern virginia real estate agent | living in northern virginia pros and cons | virginia real estate |
