Mindblown: a blog about philosophy.

Late Q1 2024 saw a 7.3% decline in Virginia home sales yearly. Lynchburg, Northern Virginia, and Richmond Metro Area experienced the sharpest drops in activity.

1. Get Pre-Approved: – Secure mortgage pre-approval to show you're a serious buyer. 2. Inspect Thoroughly: – Spring weather allows for a more complete inspection of the property's condition.

Mother's Day is a celebration honoring the mother of the family or individual, as well as motherhood, maternal bonds, and the influence of mothers in society. The origins of commemorating motherhood dates back to the Ancient Greeks, where in spring festival, they celebrated the goddess Rhea, considered the Mother of the Gods. Anna Jarvis’s lobbying…

The avg sold price ↑ 7.4% yearly to $835,575 in Late-Q1 2024. The number of closed sales ↓ 13.8% yearly to 1,191 units.

Virginia Court rules on landlord responsibilities. Lease can't override habitability law, and tenant's right to habitable conditions upheld.

Home sales experienced ↑ 2.2% yearly, reaching a total sold volume of $841.159M. The homes sold faster than last year, with an avg DOM of 22.

AI Adoption: Real Estate firms are embracing AI for faster decisions and data-driven insights.Operational Real Estate: Investments in properties like hospitals benefit from steady demand.

The modest increase in US consumer prices has raised doubts about the Federal Reserve's plan to cut interest rates. The US economy is stronger than Europe's, leading to different inflation rates. The Fed may delay rate cuts due to inflation, but high rates could harm the economy. Global factors, such as China's economic struggles, also…

Eastern Virginia ranks 15th on the list of the most competitive rental markets. It has a competitive score of 78.7, indicating high demand and low vacancy.