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Learn more about this month's Featured Property: 787 Confederacy Drive I just published my monthly report on the Harrisonburg and Rockingham County real estate market…
Despite my reminder that while summer is over, it is still not too late to get your house on the market, we continue to see inventory levels declining. This is typical…
If you are having difficulty finding a buyer for your home, and you are receiving critical feedback regarding your home's location, neighborhood, floor plan or size, then…
Yes, you are correct, you likely missed the most active months of home buying in our local market -- last year more buyers bought in May through August then in any month…
As Karl pointed out, the declines in inventory levels over the past few years have been more significant in the City than in the County. And as Charles pointed out, this…
Sellers, on average, are willing to take 3% off of their list price -- based on a historical analysis of how much sellers have negotiated in recent years. That being…
The "months of supply" illustrated in the graph above shows how many months it would take to sell all homes currently listed for sale in each price range given the…
Wait... what?? Inventory levels are headed down... for the winter?? Yep, in some ways, we're already in that seasonal decline. Inventory levels have declined over the…
Learn more about this month's Featured Property: 1368 Bluewater Road I just published my monthly report on the Harrisonburg and Rockingham County real estate market. Jump…
Slow increases in the number of sales plus slow increases in the median sales price result in increase in the overall volume of real estate sold in this area. The graph…
Nope -- it's not too late to list your home in August. While we will have missed the strong Spring and early Summer rush of buyers, there will still be plenty of buyers…
General market recovery (in both pace and price of sales) may finally be resulting in a return of new construction single family home sales. As shown above, we may see a…
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