Richmond Property Market Update – Summer 2024: Breaking News Insights

A condensed overview of Richmond’s current home market trends, addressing rising mortgage rates, limited inventory, evolving commission rules, and investor activity alongside challenges and opportunities for buyers and sellers.

Hey folks, Richmond’s market vibes got me thinking. With rising rates and limited inventory, what trends do you all feel are most impactful? How might those evolving commission rules really shift buyer decisions?

hey, im thinkin that with rate hikes and commission chaos, buyers might be caught off gaurd. sellers need to adjust fast. investors are making moves that could tip the market sooner than expected. be ready to pivot!