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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 Saturday, July 22nd at 11am for our virtual Home Buying Workshop to learn more about the market update and the home buying process. 📆🏡 Click link below:



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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 📧Email: blake@thedavenportgroupre.com 💻Website: www.thedavenportgroupre.com


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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