Posts from May 1st, 2023
RSS Feed
- 2026 | 16 Posts
- 2025 | 51 Posts
- 2024 | 53 Posts
- 2023 | 57 Posts
- 2022 | 62 Posts
- 2021 | 53 Posts
- 2020 | 64 Posts
- 2019 | 56 Posts
- 2018 | 67 Posts
- 2017 | 39 Posts
1
Trivia Events in the Richmond Area
Put your encyclopedic knowledge of movies, music, and sports to good use at trivia nights in the RVA. Our real estate agents share their favorite game spots around Richmond and Petersburg.
1
How to Become a Homeowner on a First-Time Buyer's Budget
It's not easy being a first-time homebuyer right now. At the end of last year, housing affordability hit an all-time low.1 Additionally, mortgage rates have risen significantly since 2021, while inventory remains tight for many property categories, but especially for starter homes. Even lower-priced condos are harder to snag these days, as investors and downsizers muscle out first-timers by offering stronger, often cash-heavy bids.2
In fact, according to the National Association of Realtors, only 26% of last year's homebuyers were first-timers—the lowest share on record and down from 34% a year prior. This underscores just how steep a hill new buyers are facing.3 As a result, many first-time homebuyers are finding that they need to get creative or risk renting for longer than they planned.
If you, too, are stru...