Gerald Sayles, Realtor at Long & Foster Real Estate

06/08/2026

A lot of buyers think affordability is impossible right now.

But sometimes it’s not about giving up on homeownership. It’s about expanding where you’re looking.

Yes, some states are significantly more affordable than others. This list breaks down the top 10. But that doesn’t mean you have to make a cross-country move to find better options.
Even in expensive markets, there are usually neighborhoods, towns, and communities nearby where home prices, property taxes, or overall costs are a lot more manageable.

The key is knowing where to look – and a local agent can help you find those opportunities.

Curious what's out there? Broadening your search, even just a little outside of town, might open up more options than you'd expect.

Drop a comment below or send a message if you want some advice on where to look based on your price point.

Thinking about buying or selling? Please call me at 804-715-5005 for your real estate questions!

06/05/2026

The Mid-Year Housing Market Update: Why Forecasts Changed in 2026

The housing market hasn’t rebounded as quickly as experts originally hoped. But that doesn’t mean it’s stalled.

Higher inflation and lingering economic uncertainty caused economists to revise their forecasts for this year. But importantly, when those two things settle down, many experts believe the market will regain its momentum.

So don’t see this revision in forecasts as a sign of trouble. See it as a temporary reaction to overall conditions and uncertainty.

If you want to know what’s happening in our local market, and what it could mean for your plans for the rest of this year, let’s connect.

Thinking about buying or selling? Please call me at 804-715-5005 for your real estate questions!

If the housing market feels confusing right now, you’re not alone.

06/03/2026

Smaller homes are having a moment.

That’s because affordability is tight and, for many buyers, smaller is what fits the budget. And builders are listening.

Newly built homes have been trending smaller since 2014 – and that’s on purpose.

They're more affordable than larger homes. And many come with built-in community amenities like walking trails, fitness centers, and even co-working spaces, so less space still delivers.

If you've been feeling priced out of bigger homes, a smaller one could fit your budget and your lifestyle. And with brand-new everything, it may not feel like as much of a compromise as you think.

DM me to walk through what's available in our area.

Thinking about buying or selling? Please call me at 804-715-5005 for your real estate questions!

06/01/2026

After a year or more of rates coming down, things have changed. And lately, mortgage rates have been climbing again.

And if that's made you wonder whether you should delay your move until they drop, you're not the only one.

The honest truth is that rates probably won't come down much until inflation cools off and some of the global uncertainty settles. And no one knows exactly when that'll be.

But what most headlines won't tell you is that rates aren't the only thing that affects affordability. Sure, they’re a big factor, but not all of the affordability news is bad.

Wages, home prices, and inventory are all trending in a direction that could still help make your move possible.

Want to know what that actually looks like for your situation? Drop a comment or send me a DM.

Because even though rates are higher, there are pockets of opportunity in any market, if you know...

Thinking about buying or selling? Please call me at 804-715-5005 for your real estate questions!

05/29/2026

The Truth About Affordability Today

Yes, rates have been volatile, and global instability is keeping them from settling down anytime soon. There’s no sugar coating that. But the full picture of affordability is more nuanced than the headlines suggest.

Want to run the real numbers for your situation? Let's talk. Reach out and let's set up a quick, no-pressure conversation.

Thinking about buying or selling? Please call me at 804-715-5005 for your real estate questions!

Let's be real with each other for a second about affordability.

05/27/2026

Price Cuts Get Bigger the Longer a House Sits Without Offers

Pricing your house high just to “see what happens” can cost you. Buyers today are quick to ignore overpriced homes. And the longer a house sits without any offers, the less it usually sells for. Want to know the right list price for your house to avoid this headache? Let’s chat.

Thinking about buying or selling? Please call me at 804-715-5005 for your real estate questions!

05/25/2026

What Most Veterans Don't Know About Their VA Home Loan Benefit

VA home loans can put homeownership within reach, and a trusted lender can help make sure you understand the details before you move forward. If you’re active duty, you’ve served, or know someone who has, connect with a trusted lender who can walk you through whether you’d qualify and what the VA benefit offers. You may be able to buy a home sooner than you thought.

Thinking about buying or selling? Please call me at 804-715-5005 for your real estate questions!

Nearly half of Veterans (49%) feel homeownership is currently out of reach, according to a recent survey from NewDay USA.

05/22/2026

More Sellers Are Open to Negotiating Right Now

Wondering if buyers ever catch a break in this market? Look at this. 39% of sellers say they expect to make concessions this year. That’s up from 30% in 2025. So, you may have more room to negotiate than you think. Want to know what you can ask for as a buyer? Let’s chat.

Thinking about buying or selling? Please call me at 804-715-5005 for your real estate questions!

05/20/2026

You've probably heard that mortgage debt in America just hit an all-time high. And that's true.
But here's what the headline leaves out.

Equity is also near an all-time high. And at $34.1 trillion, it's more than double the $14.4 trillion in debt.

That's a good thing. It means most homeowners own far more than they owe. So, they have a real financial cushion right now.

That’s something homeowners didn’t have during the crash of 2008. Back then, people owed more than their homes were worth. Today, it’s just the opposite.

Homeowners are in a much better position, and the housing market is on stronger footing than the headlines suggest.

Thinking about buying or selling? Please call me at 804-715-5005 for your real estate questions!

05/18/2026

Are Home Prices Going To Fall?

Home prices have a long track record of going up over time. And that’s why buying a home is generally considered a safe long-term investment.

That certainly doesn’t mean you have to buy now. You should only move when it makes sense, and you plan to live there for a while.

But if you’re interested, let this reassure you. If you want to talk through what home prices are doing in our market, your goals, or your timelines, let’s have a quick conversation.

Thinking about buying or selling? Please call me at 804-715-5005 for your real estate questions!

It’s one of the biggest hold ups some buyers have right now: “What if I buy, and home prices go down?”