Fed Rate Decision Day, New Home Prices Fall 6.7% & Aging-in-Place Home Upgrades | Northern Virginia Housing News

Hughes on Housing is Glenn Hughes’ podcast on Northern Virginia, DC and Maryland real estate news. The Federal Reserve announces its October rate decision with 30-year mortgage rates at 7.32%. September new home sales came in at a 676,000 pace, and the average new-home price fell 6.7% from a year ago as builders cut prices. […]

Hughes on Housing is Glenn Hughes’ podcast on Northern Virginia, DC and Maryland real estate news.

The Federal Reserve announces its October rate decision with 30-year mortgage rates at 7.32%. September new home sales came in at a 676,000 pace, and the average new-home price fell 6.7% from a year ago as builders cut prices. Plus why Northern Virginia buyers should stop shopping at their maximum loan approval, Montgomery County’s ADU rental bill and the county executive’s veto threat, and Worth It Wednesday: the aging-in-place upgrades that help you stay in your home. And the Legacy lesson from Star Trek’s Nichelle Nichols and the Woodland Hills home sold during her conservatorship.

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