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Deborah F. Beran Inc

Smith Mountain Lake Real Estate for Sale

540-721-1488 | 540-529-4229 Cell
Deborah F. Beran Inc., Broker/Owner
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What a Normal Housing Market Might Look Like

Last updated: July 10, 2023 By Deborah F. Beran

The state of the real estate market is a hot topic in the media now. Higher mortgage rates and declining home sales grab most of the headlines. But it’s not all bad news. After the last few hectic years, many experts believe we are trending toward a more “normal” or balanced scenario that will benefit both buyers and sellers.

You may have questions about what that means for you as a potential buyer or seller. This month, I am sharing with you an overview of what a balanced market looks like from both perspectives. I am also providing a historical dateline of mortgage rates over the past decade, as well as some basic definitions of the different types of real estate markets.

It’s important to remember that what is happening nationally or even in another area can be quite different from what is happening in your area. Rest assured I am staying on top of trends here in our community, and I would be happy to answer any of your real estate questions or concerns at any time. Please feel free to reach out.

~Deb

Glossy-7.23


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If anyone ever needs a realtor in the Smith Mountain Lake or Roanoke area, or just anywhere in this part of Virginia, give her a call. Trust me, you’ll be very happy!Edward Magalhaes

Your Smith Mountain Lake Properties Professional:

Deborah F. Beran Inc.
dba Deb Beran Properties
6655 Scruggs Road
Moneta, VA 24121
540-721-1488 Office
540-529-4229 Cell

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