Half of All Homes Listed For Sale in the Past 10 Days Were New Homes, or To Be Built Homes


Half of All Homes Listed For Sale in the Past 10 Days Were New Homes, or To Be Built Homes
By Scott Rogers • March 23, 2022
If you want to buy a home, great news... there have been 100 homes listed for sale over the past ten days! Oh, but wait. :-) Half of those homes were new homes or to-be-built homes, mostly in these neighborhoods... Cobblers Valley (4) Crescent Ridge (15) Preston Lake (5) Shady Creek (14) The Crossings (5) So... [1] Great news that new homes are being built. Lots of people want to buy homes -- more than there are homeowners who want to sell their homes -- so it's great that new housing inventory is being built. [2] If you don't happen to want to buy a home in one of these new neighborhoods (based on location, property type, size, price, etc.) then you don't actually have 100 new listings from which to choose... it's really only 50. Receive Updates by Email Recent Articles: An Early Look At June 2022 Home Sales Price Reductions In A Fast Moving Housing Market Harrisonburg to Purchase Shenandoah Presbytery Property For Use As Homeless Shelter Increased Mortgage Interest Rates Can Significantly Decrease Your Home Purchasing Power Homes Not In Property Owners Associations Might Still Have Restrictive Covenants Is The Local Real Estate Market Softening? It Can Be Particularly Challenging For Relocating Home Buyers To Buy Right Now The Summer Housing Market Often Provides An Irregular Flow Of New Listings Will Mortgage Interest Rates Decrease Again, Somewhat, In The Next Few Years, Allowing 2022 Home Buyers To Refinance? Harrisonburg Area Housing Market Reaches New Heights
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 Jul 06, 2022 (unless otherwise noted).
Comments (0) or Subscribe