How Much Overlap Exists In Your Home Search Criteria

Welcome! This blog tracks the real estate market in the Central Shenandoah Valley, featuring market data and analysis, an exploration of common buying and selling questions, and candid commentary on all things real estate.

If you are interested in discussing any of the topics on this blog, or the details of your specific real estate situation, call or e-mail me!

Newer Post

home

Older Post


How Much Overlap Exists In Your Home Search Criteria
By Scott Rogers • September 11, 2018 Filed In: buying
If you have three non-negotiable home search criteria, it is important to reflect on (or at least be aware of) how much overlap exists between these criteria. Above are two examples of this way of thinking about your home search.... The first set of buyers will likely have lots of options (large yellow overlap area) because many homes in the City have three bedrooms and are under $300K. The second set of buyers will likely have very few options (small yellow overlap area) because there are very few homes that somehow offer privacy AND amazing views and happen to have a formal dining room. These are fictitious illustrations -- they don't represent the actual amount of overlap that does or does not exist based on the criteria noted above -- but you should give some thought to how small of an overlap area you are creating for yourself based on what you are defining as non-negotiable in your home search. If that area is too small, you'll have very few options to consider, and eventually you may decide to flex a bit on a non-negotiable point. Receive updates from HarrisonburgHousingToday.com via e-mail: Enter your e-mail address: Recent Articles: Contract Activity Slows Heading Towards Thanksgiving Owners, Operators of Short Term Residential Rentals in Rockingham County to Pay Transient Occupancy Tax Will housing inventory levels improve next year? Foreclosures Slow Considerably in 2018 Home Sales Rise Yet Again In October 2018 Pricing Your Home Above $212,500 Eliminates Half Of All Potential Buyers Any Part Of A Bathroom Is A Full Bathroom To Zillow Early Preview of October Home Sales Activity Last Chance To Sell Your House in 2018 City Housing Inventory Levels Stabilizing, At Extraordinarily Low Levels
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 20, 2018 (unless otherwise noted).
Comments (0) or Subscribe