Climbing Prices and Mortgage Rates Dampen Virginia’s Spring Housing Market
April 25, 2024 - Robin Spensieri
Welcome Virginia REALTORS®
Data suggests the economy is slowing down, but the job market in many sectors continues to be a bright spot. Inflation continues to march downward which is good news, but it will take some time for inflation to fall to target levels. Uncertainty is gripping some parts of the lending sector, and mortgage rates have been somewhat volatile over the past month.
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