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Home » Housing Market Update | Arlington, Virginia | July 2023

Housing Market Update | Arlington, Virginia | July 2023

🚨🏠 Limited Inventory Driving the Real Estate Market!

In this month’s housing market update, Blake Davenport reveals that July has been one of the strongest months we’ve seen in the last 5 years. 🤯

Here’s the deal: Compared to last year, 25% fewer homes have been sold, indicating a serious shortage of houses for sale.

Buyers – Don’t wait for interest rates to drop before making a move. Imagine this: Once rates dip to the mid-5s, there will be a flood of buyers rushing in, driving prices even higher. Our advice? Find a house with a comfortable monthly payment and consider refinancing later when rates do decrease. That way, you’ll gain instant equity when prices surge due to increased demand.

Sellers – Prices will continue to rise due to limited inventory. It’s crucial to plan your marketing and presentation carefully to make a lasting impression.

Join us on Thursday, July 20th at 6pm for our virtual Home Buying Workshop to learn more about the market update and the home buying process. 📆🏡 Click link below:

🔔Subscribe to this channel: @thedavenportgroupre

At The Davenport Group, we are obsessed with delivering an unmatched real estate experience.

If you are looking to purchase or sell a home, we would be honored to help you find your place. 🏡

Contact us through:
📱Call/Text Direct (703)-350-8800

To search for homes in the Arlington area, visit us here:

Want to check the value of your home? Click here:

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