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
Friday, September 23, 2022
Selling is Fun!
Lots of homes are still selling, relatively quickly, at high prices.
Yes, mortgage interest rates are higher, which limits the housing budget for some buyers, but thus far we are not seeing higher mortgage interest rates affect the prices for which homes are selling.

Thus, home sellers are still enjoying the current market as a great time to sell...

Lots of homes selling = YAY
Low inventory levels = YAY
Homes selling quickly = YAY
Sales prices remaining high = YAY
Higher mortgage interest rates = Yeah, so what?

Certainly, if a home seller needs to turn back around and be a home buyer, the mortgage interest rates will impact their housing transition.

But if you are just selling a home... it is still a very enjoyable time to sell...