05/12/2026
Happy Tuesday, Roanoke Valley! ποΈ Here is your definitive data BRIEF for Tuesday, May 12, 2026:
The fundamental trends discussed yesterday are holding strong in core Roanoke neighborhoods. Here is your definitive 48-hour data briefing:
π Rates: Stability reigns! Mortgage rates are holding firm after last week's activity. As of this morning, average 30-year fixed rates are locking in around 6.38% for conventional loans, with special programs (FHA/VA) hitting as low as 6.15% (Bankrate/Zillow).
π Housing: Demand is red hot! Over the last 48 hours, The Mann Team has verified multiple over-ask offers on properly presented listings, proving that well-priced homes are moving at lightning speed.
π Economy: Consumers are optimistic! Southwest Virginiaβs economic sentiment remains solid, supported by local job stability and improved affordability metrics (Virginia Tech Outlook).
Connect with The Mann Team today to strategize! π₯