Check out the 4th quarter home sales report produced by the Virginia Realtors® for the FAAR footprint.  The 4th quarter did not see the traditional seasonal slowing that we expect to see as the year winds down.  Consumer demand was very strong in the last 3 months of the year.  The report states, “The supply of homes for sale is tight and continues to dwindle.  There were just 635 active listings in the FAAR market at the end of the 4th quarter, a 61% reduction from a year ago.”  

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