Welcome to my latest video where we dive into the Northern Virginia housing market! With all-time record high prices, interest rates that are more than double compared to Jan 2022, and the experts saying that we are in a housing bubble, the looming question on everyone’s mind is – Why hasn’t the Northern Virginia housing market crashed yet? Despite the predictions of a real estate crash or market correction in 2023, most homes in the region are selling within the first weekend, with multiple offers and selling for over asking price. It’s a paradox that has everyone scratching their heads – but we’re here to break it down for you! Join me as we explore the factors that have led to the current state of the Northern Virginia housing market and try to unravel the mystery of why it hasn’t crashed yet. Get ready for a deep dive into the local real estate landscape that will leave you with a better understanding of this fascinating and complex topic!
(Disclaimer…I have my FAA Part 107 Drone License)
#housingmarket #livinginnorthernvirginia #ashburnva
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David Massey-Real Estate Agent
Real Broker, LLC
1765 Greensboro Station Pl Ste 900,
McLean, VA 22102
