Is the Northern Virginia Housing Market About to Crash? A County-by-County Breakdown
Posted by Chris Colgan on
If you're following the Northern Virginia housing market, you've probably felt the shift. Gone are the days of 20 offers in 24 hours. With the government shutdown causing uncertainty and a general slowdown, many are asking the big question: is the market about to crash?
The short answer? No. It's normalizing.
While things are definitely slower, there's some fantastic news for buyers: interest rates are dropping. We're seeing clients lock in rates as low as 5.9% and 5.99%, a welcome relief from the 7%+ rates we saw earlier.
But the real story is in the county-level data. Here’s what I'm seeing on the ground.
The NoVA Market: A County-by-County Look
We're seeing a consistent theme across the region: active listings are at a five-year…
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