Summer Housing Market is Heating UP! Interest rates are shifting, buyers are waking up, and sellers are sweating!

Welcome to the new summer housing war. Here’s the real deal on what’s happening right now in the national housing scene: Mortgage rates? They've bounced around in the 6’s to even touching 7% but when they have eased lower, we have seen an increase in prequalification’s. But don’t celebrate just yet. Affordability is still tight, with the median home price nationally pushing $403,700 this spring and that’s the 21st straight month of year-over-year price hikes.

Check out the video below to learn more about:

  • Shifting interest rates & what they mean for YOU

  • Inventory trends in Northern VA neighborhoods

  • Negotiation strategies to win in competitive deals

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• Insider guides to local neighborhoods

• Fun things to do around Northern VA

• Real estate tips for buyers & sellers

Doing a military move? Then check out this video with Ginger Walker and GBT agent and military spouse, Christine McGowan.