Navigating March 2024 Housing Market Update | Northern VA

Welcome to our March 2024 Housing Market Update! In this video, we dive into the latest insights and trends shaping the real estate landscape in Northern Virginia. Whether you're a buyer, seller, or investor, staying informed is crucial for making well-informed decisions in today's dynamic market.
Key Highlights:
- Comparison of contracts and listings with last year
- Average days on the market
- Average list to close price
- Projections for the year ahead
- Insights on mortgage applications and Federal rates
-Expectations on Seller Concessions
As we analyze these key indicators, we gain valuable insights into the current state of the Northern Virginia housing market and what it means for you. Despite evolving conditions, the market remains robust, presenting both challenges and opportunities for those navigating the real estate landscape.
Looking to make a move in Northern Virginia? Whether you're buying, selling, or investing, our team is here to help. Schedule a personalized consultation today and let us guide you through every step of your real estate journey. Contact me via linktr.ee/shaw...
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[@NoahAayat]

NOVA market Shifted from Seller's Market to Natural Market Now. We are due for correction 12-15%.

[@ShawnTheAgent]

Hey Noah! These last two weeks have been pretty crazy in northern Virginia. Prices have continued to go up. I do think there will be a correction in store for us over these next 12 months.