Two members of The Long & Foster Companies leadership team were chosen as panelists to speak at Virginia Commonwealth University’s (VCU) Spring Real Estate Forum – Dawn Bradley and Brian Haug.
More than 500 participants joined the April 13 webinar to hear insight from several industry leaders including Bradley, senior vice president and regional manager of Long & Foster Real Estate’s Richmond/Charlottesville regions and Haug, executive vice president, chief retail production officer of Prosperity Home Mortgage.
Bradley discussed recent real estate market trends pertaining to housing inventory, sales, home prices, and interest rates. She noted that since the pandemic, many remote workers are moving to Richmond from the District of Columbia and other expensive metropolitan areas. She also mentioned that affordable housing remains an issue but stated the rental market is beginning to soften.
“It was such an honor to be asked to participate in this event with other industry leaders,” said Bradley. “Their willingness to collaborate and share insights with fellow real estate professionals provides insight and perspective, helping all of us serve home buyers and sellers in the Richmond area.”
Haug spoke about the economy, how it has affected current interest rates and what he sees for the future of interest rates. He also discussed several specialized mortgage programs currently being offered by Prosperity Home Mortgage.
Bradley also spoke at the BizSense 2023 Annual Richmond Economic Forecast in January, which was held in person at the University of Richmond.
Long & Foster Real Estate is one of the nation’s top real estate companies as part of HomeServices of America. For more information, visit LongandFoster.com.