"If mortgage rates stay around 6% to 7%, won't home prices eventually come down?" The answer, according to many housing experts, is probably not by much. While higher rates have certainly affected affordability, they haven't caused home prices to fall significantly in most markets. (CBS News) Why Ha

There’s a lot to love about buying a home in a new subdivision. Brand-new systems, modern floorplans, energy efficiency, community amenities, and the excitement of being the first person to live in a home all make new construction incredibly appealing. And here in the Greater Richmond area, new cons

Lately I’ve been hearing from a lot of people here in Richmond who’ve decided to keep renting because they believe buying a home simply isn’t attainable right now. Many prospective buyers are understandably nervous after seeing headlines about interest rates, and some are waiting for dramatically lo