Is Northern Virginia Finally a Buyer's Market? Here's What the Data Really Shows
Posted by Chris Colgan on
If you've been sitting on the sidelines waiting for the market to shift in your favor, I've got news for you.
The latest survey from Bright MLS reveals something we haven't seen in years: buyers are actually getting their offers accepted on the first try. They're taking their time to shop. They're negotiating again. And sellers? They're making concessions that would've been unthinkable in 2021.
But here's what nobody's talking about: this shift isn't creating a flood of new buyers. In fact, many potential buyers are more hesitant now than they were a year ago.
So what's really happening in Northern Virginia? Let me break down the numbers and show you what they mean for anyone thinking about buying or selling right now.
First Offers Are…
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