Found 5 blog entries tagged as Northern Virginia buyers.

By Chris Colgan

A lower purchase price can reduce the amount you borrow. A seller credit can reduce eligible closing costs you pay out of pocket. The better choice depends on whether your bigger constraint is cash at closing or the cost of carrying the loan. First, the home still needs to be worth the price you agree to pay.

Before you ask a seller for $15,000 off, have your lender show you what that same $15,000 could do as a closing-cost credit. A $15,000 price cut does not necessarily mean you need $15,000 less cash at closing.

Aerial view of a residential neighborhood in Gainesville, Virginia.

Residential neighborhood in Gainesville, Virginia. Photo supplied by Chris Colgan.

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Northern Virginia Market Update

Why Northern Virginia Buyers Are Getting Pickier in 2026 — And Which Homes Are Sitting

Updated August 28, 2026

Something has changed in the Northern Virginia housing market.

Buyers have not disappeared.

But they are acting very differently.

Homes that might have received multiple offers almost immediately a few years ago are now sitting longer, getting price reductions, or losing buyers over things that used to be ignored.

And at the same time, some homes are still selling quickly.

That is what makes this market so interesting.

The Northern Virginia housing market is not simply “good” or “bad” right now.

It is becoming much more selective.

Buyers have more choices, more negotiating…

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Northern Virginia Market Update

Northern Virginia Housing Market Is Slowing Down — Here’s What’s Happening in Fairfax, Loudoun, Prince William & DC

Buyer activity has cooled in August 2026, inventory is rising, and sellers are feeling the difference. But the latest numbers do not point to a housing crash.

By Chris Colgan | Real Nova Network • August 2026

“Chris, what is going on with the market?”

I have had a surprising number of sellers call me this week asking essentially the same question.

Those calls have come from all over the region — from Fairfax to Culpeper and everywhere in between.

Part of what we are seeing is normal for late August. Schools are starting back up, families are getting kids settled, vacations are ending…

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Alexandria Takes the Hardest Hit: What Federal Downsizing Means for Our Real Estate Market

Look, I'm not going to sugarcoat this — Alexandria is feeling the federal downsizing more than any other Northern Virginia suburb right now. A new Brookings Institution report dropped this week, and the numbers tell a story we've been watching unfold in real time.

Here's what's happening: Since January, the Trump administration has cut roughly 300,000 federal jobs nationwide. But here's the thing — while those jobs are concentrated in D.C., the people who hold them? They live here. In our neighborhoods. Over 13,000 federal workers call Alexandria home, and more than 76,000 live in Virginia's 8th Congressional District alone.

The result? Alexandria's…

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Why More Northern Virginia Sellers Are Pulling Their Homes Off the Market

A practical look at why delistings are up, what’s shifting with mortgage-rate lock, and how buyers and sellers should adjust in today’s slower market.

The housing market across the Mid-Atlantic—and especially here in Northern Virginia—is in transition. Lately, more sellers are taking homes off the market rather than adjust to what buyers are willing to pay. I’m in the trenches daily with my team, and we’re seeing it first-hand.

A Quiet Rise in Delistings

In August 2025, nearly 3,000 listings were withdrawn across the Bright MLS region—about a 25% increase year over year. For every 100 new listings, roughly 13 were pulled from the market, up from about 10…

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