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The Federal Reserve will not be raising the federal funds rate in June because of lackluster job creation last month. This is a reversal from more positive sentiments expressed before the jobs data came out. Given the connection between the federal funds rate and other interest rates such as U.S. mortgage rates, it is unsurprising that residential real estate consumers are paying close attention to the Fed's pronouncements. However, a strong case can be made that the extent of the federal funds rate's influence on U.S. mortgage rates is exaggerated.

Seggerman Homes is gearing up to assist homebuyers and investors as forecasters foresee continued economic expansion through 2017.

According to an article published by InsideNOVA, millennials are expected to have a large impact on the housing market in the near future. Real Estate Agent John Seggerman is prepared to help this growing number of millennial homebuyers find the home that fits all of their needs.

An increase in federal rate hikes often times have consequences for mortgage borrowers, but thanks to the services provided and results delivered by a Virginia-based real estate agent, both buyers and sellers can mitigate any consequences and are in good hands.

The real estate market in Washington DC has been strong since 2012. The market regularly saw year-over-year increases in both the number of homes sold and average home sale prices, with the only two exceptions being small 1-percent decreases in average home prices in September 2014 and June 2015. These outliers were balanced out by increases between 1 and 9 percent in the many other months during that time.

On November 20, 2015, the Virginia Association of REALTORS released its Home Sales report for the month of October, which revealed a couple of interesting statistics. First, the number of home sales rose by 2.83 percent on a year-over-year basis. Second, the median sales price rose by 1.54 percent from $246,200 to $250,000 on a year-over-year basis. Combined, these statistics mean that the Virginia housing market was more active in October of 2015 than in October of 2014, which should come as welcome news for those who are concerned about an economic slowdown.

December is usually one of the slower months of the year for home sales, because many people are preoccupied with the holidays. John Seggerman of Seggerman Homes, however, suggests that homeowners who are considering selling their homes soon might want to list them this December, because data from George Mason University suggests potential growth in the market.

Home sales in Northern Virginia decreased from 3,402 in September to 3,053 in October -- a 10 percent decline. This continued a pattern that began in July, when home sales dropped from their year-to-date peak of 4,927 in June to 4,571 in July.

As compared to a year ago, local real estate conditions in the nation's capital during September showed impressive growth in terms of new listings, new pending sales, and successfully closed transactions according to a report issued by Real Estate Business Intelligence LLC.

A recent report published by the Virginia Association of Realtors showed that the commonwealth's residential real estate market experienced strong growth over the past year. John Seggerman of Seggerman Homes notes several figures in the report -- and he's not overly concerned about a seasonal decrease that's also evident in the data.