Patrick Riley Homes RVA

09/03/2026

here's your daily market update courtesy of your

Of course, every market moves a little differently. But here's what doesn't change: Fall consistently buyers. More homes. Lower asking prices. Motivated sellers.

If you’ve been waiting for your search to feel a little more doable, this season may be worth another look.

Let’s have a quick conversation about what's happening in our market and see whether this fall gives you opportunities you may not have had a few months ago.



Ready to or I'm your guy! I look forward to hearing from you soon!

You've been waiting for something to change before you buy. It just might not be the thing you expected…

09/02/2026

here's your daily market update courtesy of your

New homes may actually cost less than an existing home right now. And that’s opening up a window for you to get brand-new for less.

If you want a list of new home communities near you that are currently offering incentives or doing price cuts, let’s connect. That way you have someone in your corner helping you get the best deal possible.



Ready to or I'm your guy! I look forward to hearing from you soon!

Most people think a newly built home costs more than an existing one. But right now, that’s actually backwards.

09/01/2026

With every day that passes, the probability increases that the will raise interest rates to help curb inflation and reach their 2% goal. Despite remaining in the 6% range and ongoing global volatility, the housing market remains resilient. Appropriately priced homes continue to sell quickly at or above the asking price.In this market, it is essential to work with a seasoned expert who prioritizes your needs. I always put my clients first. whenever you are looking to sell or buy I'm your guy! RVA Elite Realtors

08/31/2026

here's your daily market update courtesy of your

Affordability is definitely a challenge, but that doesn’t mean tapping your 401(k) is your only way in if you want to buy.

If you're considering using your 401(k) savings for a down payment, weigh all your options and talk with a trusted financial advisor before you make any decisions. They’ll help you make a plan to fit your goals and your budget.



Ready to or I'm your guy! I look forward to hearing from you soon!

Lately, headlines have floated an eye-catching idea about tapping into your 401(k) to cover a down payment on a home.

08/28/2026

County, real estate market update August 2026.
New Listings +4.1%
Pending Sales -12.5%
Closed Sales +33.0%
Median Sales Price +1.0%
Average Sales Price +2.0%
We saw a slight increase in new homes added to the market and a jump in closed sales. Housing in continues to appreciate at a rate higher than historical averages due to the lack of inventory in 2026. I have been saying this for more than two decades: is the best long term investment! The longer you wait to buy a home, the more you will pay. That said, Our market requires you to work with a highly skilled and seasoned who will secure the best possible terms for you and your family. Like and follow my page for daily updates. When you're ready to sell or buy I'm your guy and always available to assist you. These figures above represent single-family residential activity for July 2026. More information is in the image. Hanover County Public Schools Hanover County Public SchoolsRVA Elite Realtors Richmond BizSense

08/27/2026

The real estate experts have spoken, and once again, , lands on another top list. This time it's number six for "Cities to Buy a Home Before Prices Soar" courtesy of your local expert and Travel and Leisure. RVA Elite Realtors Link to the article below.
https://www.travelandleisure.com/best-us-cities-for-buying-a-home-before-prices-soar-12057159

08/27/2026

here's your daily market update courtesy of your

Right now, sellers are flexible on the price in ways they weren't before. Let’s take advantage of that flexibility.

You may be surprised by what's available – and how willing today's sellers are to work with buyers.



Ready to or I'm your guy! I look forward to hearing from you soon!

You're scrolling through listings on your phone and everything looks good until you see the price (or the estimated monthly payment). Then you close the app.

08/26/2026

County, real estate market update August 2026.
New Listings +2.2%
Pending Sales -8.9%
Closed Sales -8.3%
Median Sales Price -3.3%
Average Sales Price -2.5%
Housing inventory was absorbed again this month due to significant activity over the past couple of months. If you are considering selling your home, this is a great time to secure top dollar. Although mortgage rates remain in the mid-6% range, buyers continue to drive a resilient housing market. Appropriately priced homes continue to sell quickly at or above asking price. It is essential to work with a highly skilled and seasoned expert who prioritizes your wants and needs. I love my clients and always put them first. When you are ready to sell or buy I'm your guy. LIKE and follow my page to stay current on all developments across the .
Please note that the data above reflects single-family month-over-month activity for July 2026. Additional statistics regarding townhomes and condos. Chesterfield County Virginia Government Chesterfield County Public Schools RVA Elite Realtors Richmond Family Magazine

08/24/2026

here's your daily market update courtesy of your

Most home sales still close, and the biggest thing that could get in the way of yours is the one thing you can actually do something about.

With the right prep, your sale has every reason to make it to the finish. So, let’s connect and get your house sold.



Ready to or I'm your guy! I look forward to hearing from you soon!

Few things are as rattling as the thought of your home sale falling through at the last minute, right before closing. All that waiting, all that progress, out the window.

08/21/2026

City of , real estate market update for August 2026.
New Listings -22.6% homes for sale
Pending Sales -15.8% (homes under contract)
Closed Sales +6.9% sold homes
Median Sales Price -3.4%
Average Sales Price +7.0%
New housing inventory, homes under contract, and closed sales declined month over month. However, remain in solid shape year to date. Remember, this competitive market requires you to work with a highly skilled and seasoned Realtor who will secure the best possible terms for you and your family. Like and follow my page for daily updates and when you are ready to sell or buy I'm your guy and always available to assist you! These figures above represent single-family residential activity for July 2026. More information in the image. 12 On Your Side Richmond BizSense Richmond Public Schools Richmond Times-Dispatch Family Magazine