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Call me for all your real estate needs in Central VA. 434-981-2650
10/14/2026

Call me for all your real estate needs in Central VA. 434-981-2650

10/13/2026

¿Qué cubre una garantía para el hogar y qué queda excluido?
Let’s connect and talk about the latest insights in the industry!

10/12/2026

Discover this property for $349,999—a great opportunity that truly stands out.

10/12/2026

Housing Data Gives Buyers More Leverage
As we head toward the close of Q3, the housing market continues to shift in ways that create more opportunity for buyers. Approximately 21% of all active listings have seen price reductions, and inventory has climbed to over 1.16 million homes—now within about 9% of what we typically saw before the pandemic. Buyer activity remains measured, with homes under contract down roughly 4% year-over-year for the second consecutive month. This reflects the impact of higher mortgage costs on overall affordability. The national median list price stands at around $419,000, down about 1% both month-over-month and year-over-year, making it the 11th straight month of annual declines. Price per square foot has also dropped about 2% compared to last year. Interestingly, about 6% of listings were delisted, a figure unchanged from last year, but more sellers are reducing prices and opening the door for negotiation.

With nearly four decades in real estate—and the added perspective of a builder and home inspector—I’m seeing these trends play out right here in Central Virginia. Whether you’re a first-time buyer searching for value or a long-time homeowner considering your next step, this is a season where negotiating power is shifting. The big question ahead: Will deeper price cuts encourage more buyers to sign contracts, or will increased supply and cautious demand keep us in a period of adjustment? As always, staying informed is key to making smart decisions in today’s market.

10/11/2026

Honoring the Significance of Indigenous Day

Your Home's Equity Could Be Worth More Than You ThinkAs someone who’s spent nearly four decades guiding clients through ...
10/11/2026

Your Home's Equity Could Be Worth More Than You Think
As someone who’s spent nearly four decades guiding clients through the ins and outs of real estate, I’ve seen firsthand how a home’s equity can quietly grow into a powerful resource. Equity is simply the difference between your home’s current value and what you still owe on your mortgage—but it’s often more substantial than homeowners realize. Over time, as property values rise or your mortgage balance drops, this equity can open doors: whether you’re thinking of consolidating debt, tackling renovations, covering education or medical expenses, or even investing in a business. In many cases, tapping into home equity comes with lower interest rates than other types of borrowing. My combined experience as a Realtor, builder, and retired home inspector means I’m always looking for ways to help clients maximize every advantage their property offers—whether you’re new to the market or a seasoned homeowner.


https://www.housing-trends.com/agent-news/patty-arndt/2101163-Your-Home%27s-Equity-Could-Be-Worth-More-Than-You-Think

Gen Z buyers lead every generation on affordability trade-offsAfter 39 years in real estate and having helped clients fr...
10/10/2026

Gen Z buyers lead every generation on affordability trade-offs
After 39 years in real estate and having helped clients from all walks of life, I’ve noticed each generation brings a unique approach to homebuying. Recent insights show Gen Z buyers are leading the way when it comes to making affordability trade-offs. They’re particularly willing to adjust their budgets and consider smaller homes in order to achieve the goal of homeownership. This flexibility is something I often discuss with buyers—sometimes, a bit of compromise opens more doors, especially in today’s market. Interestingly, Canadians seem most open to downsizing, while British buyers are less inclined to make those kinds of concessions. Whether you’re a first-time buyer or a seasoned homeowner, understanding how different generations approach these choices can help inform your own path. As someone who’s worked as a builder and home inspector in addition to being a Realtor, I always encourage clients to weigh what matters most and to keep an open mind about what 'home' can look like.


https://www.housing-trends.com/agent-news/patty-arndt/2092125-Gen-Z-buyers-lead-every-generation-on-affordability-trade-of

Homebuyers Enjoy Greater Choice as Listings Reach Six-Year HighWe’re seeing a remarkable shift in the U.S. housing marke...
10/09/2026

Homebuyers Enjoy Greater Choice as Listings Reach Six-Year High
We’re seeing a remarkable shift in the U.S. housing market—sellers now outnumber buyers by 57.9%, with listings at their highest point in six years. Inventory increased by 3.9%, while the number of buyers ticked up just 0.1%. High mortgage rates and prices continue to challenge affordability, leading to fewer sales overall. Having worked in real estate for nearly four decades—across both bustling cities and peaceful rural communities—I’ve witnessed many market cycles, but this level of inventory offers unique opportunities and challenges for both sellers and buyers. My background as a licensed builder and retired home inspector gives me particular insight into how to navigate these conditions. Whether you’re considering listing your property or searching for your next home, understanding these trends is key to making informed decisions.


https://www.housing-trends.com/agent-news/patty-arndt/2071557-Homebuyers-Enjoy-Greater-Choice-as-Listings-Reach-Six-Year-H

10/08/2026

Mortgage Rates Aren’t Backing Down Yet
With mortgage rates continuing to hold steady near 7%, affordability remains a concern for many buyers and sellers alike. As someone who has guided clients through changing markets for nearly four decades, I’ve seen how persistent inflation and potential Fed decisions can shape the real estate landscape. Right now, sticky inflation and the possibility of another rate increase are keeping borrowing costs elevated, while wider mortgage-backed securities spreads add to the challenge. A meaningful drop in rates will require sustained progress on inflation, more stable long-term yields, and supportive signals from the Fed. For those planning a move—whether buying, investing, or refinancing—today’s rates are the reality we need to plan around, with any future improvement as an added bonus. My background as a Realtor, licensed builder, and retired home inspector helps me navigate these complexities alongside you, making sure you’re prepared at every step.

Address

3661 Lake Monticello Road
Palmyra, VA
23038

Telephone

+14349812650

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