Making Sense of Feedback from Showings
As a home seller, you will face rejection left and right -- many prospective buyers will come view your house and most of them will decide not to buy it. But how, as a…
Showings Strong in November after slower October
One measure of future performance of our local real estate market is how many homes are being viewed by buyers. The data above is an analysis of showings of Funkhouser…
The only price range seeing year over year improvement in sales pace
Take a look at the graph above. You'll note that the only price range seeing year over year improvement in sales pace is the $300K - $400K price range. The under $200K…
Local housing market continues to rebound in October 2014
Featured Property: 4570 Magnolia Ridge Drive, Harrisonburg, VA I just published my monthly report on the Harrisonburg and Rockingham County real estate market. Jump to…
Top 5 Articles in October 2014
Here are the articles from the past month that your peers enjoyed (or at least read) most.... Harrisonburg City Council approves Hotel and Conference Center deal between…
If you are taking your house off the market for the winter, consider acting now!
In the Harrisonburg Rockingham Association of Realtors MLS, your house must be off the market for 120 days before the "days on market" will start counting at zero again…
Zero Energy Home Training event in Harrisonburg
How can your next home use ZERO electricity? It is possible! Calling all builders (and other interested parties) --- there will be a "Zero Energy Home Training" event in…
Fewer new homes selling but at higher prices (per SF)
Significantly fewer new single family homes are selling these days -- but the price per square foot of these sold homes is starting to edge upwards. The median price per…
Housing inventory levels likely to fall 20% over next 3 months
If last year is any indication, housing inventory levels will be declining by 20% over the next three months. By the end of the year, we're likely to be down to around…
September Sales Surge (+33%) Shows Continued Strength of Local Housing Market
Featured Property: 1207 Three Springs Road, McGaheysville, VA I just published my monthly report on the Harrisonburg and Rockingham County real estate market. Jump to the…
Home Sales Profile of Massanutten Resort
Looking to purchase a home in Massanutten Resort? Understand the market first! As shown above, there has been quite a bit more recovery of the Massanutten Resort market…
Contracts Seeming Steady in September 2014
On this, the last day of September 2014, let's take a quick look at contracts this past month as a preview of things to come. As you can see, above, there will be at…