Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Monday, March 18, 2013
Low Inventory Levels

As shown above, we are currently experiencing the lowest inventory levels we have seen anytime in the past six years.

The results?
  • Some buyers are frustrated that they can't find what they're looking for in a home.
     
  • Some sellers are excited to be able to sell their houses quite quickly as there are not many competing homes.
     
  • Some sellers are depressed that they are in a price range that is sill experiencing an over-supply.
See Page 15 of my monthly market report for inventory levels by price range.

Let me know if you would like an analysis of competing inventory for your particular home.