Never have there been fewer homes for sale in Harrisonburg and Rockingham County!
Indeed, there are now fewer than 100 homes on the market in all of the City and County. We have never seen that few homes on the market at the end of the month in our area.
As you can imagine, this means that buyers have very, very, very few choices for what they might buy at any given time.
Certainly, plenty of homes are coming on the market, but they are almost all going under contract VERY quickly, leaving inventory numbers very low.
It's at this time of year that we would typically expect inventory numbers to start rising -- but not in 2021!
If you're hoping to buy a home in the next few months, you should...
- get pre-approved for a loan ASAP
- see homes within a day or two of when they hit the market
- be ready to make an offer on that same day
- be prepared to offer over the asking price with an escalation clause
It's a crazy time out there!