Home Buyer Activity Still Slowing, Slowly, in 2020
Are home buyers contracting to buy homes as quickly as we would have expected them to be in 2020? No. Has the pace of home buying activity dropped drastically given the…
Local market insight since 2007
Are home buyers contracting to buy homes as quickly as we would have expected them to be in 2020? No. Has the pace of home buying activity dropped drastically given the…
Each year, right around twice as many home buyers purchase homes in Rockingham County as compared to in the City of Harrisonburg. That said, the home buyers in the City…
After a home inspection, a buyer knows more about the house than when they agreed to pay $X to purchase the house. In order for them to still want to pay $X for the…
It's easy to accidentally focus only on one data point and to then be led astray to incorrect conclusions. Let's think about it using the mostly fictional illustration…
When the home buyers walked into the next home, they were greeted by the pleasant, and heart-warming fragrance of freshly baked cookies. They walked into the kitchen and…
Contract activity declined 27% in April 2020 -- there were 157 contracts signed last April, and only 115 signed this April. Perhaps this is not surprising given the…
Every home owner (house seller) likely feels a bit differently about whether house showings should happen and if so, how they should happen - but the majority of houses…
Awesome, my Zestimate is X! Oh my, my tax assessment is only Y! Don't worry too much -- neither is necessarily very close to your home's value -- especially if there is a…
In addition to watching how the median sales price changes over time, it can be quite insightful to see how the median price per square foot of sold homes changes over…
Even in the midst of a pandemic, City homes between $150K and $250K are selling fast! I have experienced this several times lately either representing a seller or buyer…
This is my first weekly check-in with contract activity where we're seeing a slight decline in contract activity in 2020 as compared to 2019. The data... 426 buyers…
It can be hard to find a townhouse for sale these days -- many of them are under contract within days or even hours of being listed for sale. So if you are a buyer…
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