Looking into Market details and Mortgage rates at the beginning of September 2022. Taking a closer look at what is happening with inventory and home sales in the Greater Williamsburg market area (James City County, Williamsburg and Upper York County). This snapshot look dives into what's actually happening as Mortgage rates have doubled since December 2021. The Headlines are saying we're in a Housing Recession... but what does that mean? It does NOT Mean that housing prices are falling. Check out the video to see more details of what's happening in our housing market here locally.