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Northern Virginia Housing Market Report - 2024 Predictions

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Real Estate Agent with Samson Properties VA0225077251

Hey there, savvy homeowners and future investors! Let's take a leap into the future and explore what's in store for Northern Virginia's real estate market in 2024. As your friendly neighborhood realtor-guide, I've got the scoop on what you can expect.

Inventory Insights

Expect a slight increase in housing options, but fear not – it's not a floodgate situation. Instead, picture it as a treasure trove with diverse choices, including distressed properties and enticing options for your dream home.

Interest Rates

Good news on the interest rate front! We won't be facing the 8% monster from 2023. Instead, we're looking at a more comfortable range, starting in the high six and gradually easing into the low six by year-end. A smoother ride for your financial plans!

Home Appreciation Affair

The love story with home appreciation continues. While we're not skyrocketing into double digits, expect a steady and reliable rise in home prices across the DC Metro housing market. It's like a reliable companion on your investment journey.

Have burning questions or need more details? Feel free to slide into my DMs. Let's make 2024 your year in Northern Virginia real estate! 🏡✨ #RealEstateForecast #FutureHomeowner #NoVaLiving2024

 

 

 

Posted by

 
                             
Associate Broker
MRP, ABR, ePRO

NVAR, Life Time Top Producer
NVAR,Multiple Million Dollar Sales Club Member
Samson Properties
Cell - 703-625-4949
Email - info@eNOVAHomes.com
Web: www.eNOVAHOMES.com
 
Residential real estate agent serving Northern Virginia in Fairfax & Loudoun county over a decade and almost $100+M in sales volume experience. 


 
Doug Dawes
Keller Williams Evolution - 447 Boston Street, Suite #5, Topsfield, MA - Topsfield, MA
Your Personal Realtor®

Good Morning Ritu Desai 703-625-4949 

If we could solve the inventory crisis, with reasonably sized and priced homes, more people would be able to purchase and more folks would move knowing they'll be able to purchase a place they can afford.

Dec 15, 2023 08:10 AM