Last month our title was “Go Time!” so it seems only appropriate for both the World Cup and our country’s 250th anniversary that we stick with our Go theme but change to it to Go USA. Our household is very excited to celebrate the 4th of July and cheer on the US soccer team in the world cup!
You might have to use your imagination a little to make our “Go USA” title fit this month’s real estate newsletter, but it is certainly possible if we think about it in terms of market changes. For example, did you know that the mortgage rates are lower in June 2026 than they were in June 2025 by .34%? While one third of a percent doesn’t sound like a big move, a buyer who bought a house at the median sales price last month of $375,000 would save over $100 a month on their monthly payment compared to last year. Though these changes initially seem small, they certainly add up over time. Go USA!
Here is the chart showing the interest rates over the last year according to Freddie Mac’s Primary Mortgage Market Survey.
While the national real estate market may not be able to cheer too loudly, our local housing market continues to be able to shout go! The number of listings and sales are both higher than a year ago, and median sales for May 2026 was $375,000, which is 1.65% higher than May 2025. Here is the chart showing our local numbers from the Real Estate Information Network (REIN):
If you are ready to go, or just have some questions about real estate give us a call (757-726-7653 for Lee, 757-434-9084 for Harry) or reply back to this email. We love real estate and are always happy to talk!
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What’s Happening in Suffolk
Stars and Stripes Spectacular! – Visit Suffolk Virginia
Join us on the Fourth of July for our Stars and Stripes Spectacular! Located at Constant’s Wharf Park and Marina! Featuring music by The Fuzz Band. We will have food, drinks, bounce houses, games, and fireworks to celebrate our nation’s independence. The music begins at 6 PM and the fireworks at 9 PM. We look forward…
Crittenden/Eclipse/Hobson 4th of July – Visit Suffolk Virginia
Honoring 250 years of Independence! To celebrate 50 years of our longstanding neighborhood tradition, Ebenezer United Methodist Church, CE&H Ritual Club & honorable neighbors presents the following: 9:15AM – Parade Lineup 9:45AM – Opening Ceremonies 10:00AM – Neighborhood Parade Starts 11:00-2:00PM EUMC Food & Activities at the Family Life Center 3:00PM – Annual Chuckatuck Creek…
Patriots in the Park: Commemorating The First Public Reading of The Declaration of Independence – Visit Suffolk Virginia
July 8 is the 250th anniversary of the first public reading of the Declaration of Independence, which took place on July 8, 1776, in Philadelphia, four days after the document was adopted by the Continental Congress. Colonel John Nixon read the declaration to the public in what is now called Independence Square.
Hot Dog Festival & Market – Visit Suffolk Virginia
HOTDAWG FESTIVAL & MARKET Support the Doggos and join us for a night packed with food, fun, shopping, dancing, and community! On July 3rd from 5PM-9PM, we’re turning Sojourn into the ultimate hot dog celebration with a fully loaded topping bar, specialty hot dog creations, local artisan vendors, rescue fundraising, and more.
Suffolk Sweets Week – Visit Suffolk Virginia
Suffolk Sweets Week showcases the tastiest desserts Suffolk has to offer. From simply sweet to deliciously decadent, Suffolk Sweets Week highlights our best local culinary temptations. No coupons, vouchers or tickets are needed – simply order from the Suffolk Sweets Week menu at each participating eatery.
