Contract Activity Up Five Percent In October 2023 And Other Also Accurate Headlines


Contract Activity Up Five Percent In October 2023 And Other Also Accurate Headlines
By Scott Rogers • October 25, 2023
These are all true... [1] Contract Activity Up 5% In October 2023 Compared To October 2022. [2] Contract Activity Down 51% In October 2023 Compared To October 2021. [3] Contract Activity Down 24% In October 2023 Compared To Pre-Covid Norms. Without numbers, I'd summarize them all as follows... October contract activity is about on par with last October, a decent bit slower than pre-Covid levels and much, much lower than during the home buying (and selling) frenzy of the Covid times of 2020 and 2021. Receive Updates by Email Recent Articles: OK, False Alarm, Most Homes Are Still Selling Very Quickly How Quickly Are Homes Selling These Days? Middleburg at Stone Spring, To Include Up To 500 Apartments, Proposed Adjacent To The Reserve At Stoneport A Rough Two Years For Rising Mortgage Interest Rates Home Buying Activity Will Slow But Not Stop Over The Winter Demand Is Likely To Keep On Rising For Contractors And Home Renovators Update On City Of Harrisonburg Townhouse Market Trying To Buy A Home... A Story Of Being All In, Then Bowing Out, And Now Being Ready To Jump In Again Sometimes Upgrade Your Home (Selling And Buying) Results In An Even Larger Upgrade In Your Monthly Payment Despite Fewer And Fewer Home Sales, There Are Plenty Of Reasons Why Buyers Will Still Buy And Sellers Will Still Sell
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 Dec 11, 2023 (unless otherwise noted).
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