Climbing Prices and Mortgage Rates Dampen Virginia’s Spring Housing Market
April 25, 2024 - Robin Spensieri
Welcome Virginia REALTORS®
Across Virginia, apartment vacancy rates have reached historically low levels and rents are increasing at double-digit rates. The pace of new apartment construction has ramped up in many local markets, though deliveries have been slow since the middle of 2021. A growing renter population is expected to fuel a hot rental market in the year ahead.
April 25, 2024 - Robin Spensieri
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