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Savvy Home Buyers Are Content To Wait For The Right House To Hit The Market |
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Three years, home buyers starting the year by looking for a home to buy in Harrisonburg and Rockingham County would have been choosing from about 270 homes actively for sale. Two years ago, home buyers would have been choosing from about 200 homes for sale. One year ago, home buyers would have been choosing from about 130 homes for sale. Today, buyers are choosing from about 100 homes for sale. So, yes, home buyers today have far fewer choices... at any given moment in time. That's the important part, folks. If we look at the full span of a year, we find that... Three years ago buyers bought about 1,300 homes through the year. Two years ago buyers bought about 1,500 homes through the year. Last year buyers bought about 1,665 homes through the year. So, if you are getting ready to buy a home in early 2022 - or in 2022 at all - two things are true... #1 - You will likely have fewer options at any given moment in time as compared to the past few years. #2 - You will likely have more options over time as compared to the past few years. Thus, home buyers this year should get prequalified with a local lender... and then be content to wait for the right house to hit the market for sale! Recent Articles:
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Scott Rogers
Funkhouser Real
Estate Group
540-578-0102
scott@funkhousergroup.com
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Commonwealth of Virginia
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