Many Would Be Buyers Are Finding Zero Homes For Sale Right Now
It's a strange time right now -- there are quite a few segments of the market with absolutely no options for buyers. For example, let's say you wanted to buy a resale…
Home Sales Slow Slightly, Prices Still Climbing Quickly!
Happy Tuesday morning, friends! I hope you are enjoying the warmer weather this week, and perhaps some sporting events! We have a baseball player and a runner here in our…
Will Inventory Levels (of resale homes) Increase At All This Spring?
Many homeowners thinking about selling their homes this spring are considering selling sooner rather than later... because of the super low inventory levels right now…
Half of All Homes Listed For Sale in the Past 10 Days Were New Homes, or To Be Built Homes
If you want to buy a home, great news... there have been 100 homes listed for sale over the past ten days! Oh, but wait. :-) Half of those homes were new homes or…
Home Sales Rise Again, Along With Prices, In February 2022
Happy Friday Morning, and for many of you, Happy (end of) Spring Break! I hope your week has gone well, whether you had a break or not. I was able to skip town for part…
Does It Make Sense To Wait To Buy A Home Until Prices Decline?
Does It Make Sense To Wait To Buy A Home Until Prices Decline? I think not. I think it will be a long wait. But sure, I am willing to be wrong. ;-) Home prices have been…
Missed Another Resale Home? Maybe Build A Home Instead?
An age-old question is whether to buy a re-sale home or build a new home, especially as your price range gets above $500K or $600K. Typically, the tension between buying…
Home Buyers Just Entering The Market Should Despair, Then Rejoice
Blue Line = Despair Orange Line = Rejoice As any buyer in today's market will tell you... there is very little on the market to buy right now. That's the blue line. Over…
Slightly Fewer Home Sales, Much Higher Sales Prices In January 2022
Happy Snowy Monday Morning! This is my favorite kind of snow... beautiful everywhere... but not sticking to the road... I hope you stayed warm inside yesterday and that…
What To Do If You Want To Buy A House But Are Discouraged By Current Offerings
Are you trying to buy a house? Are you discouraged by seeing very few options on the market for sale right now? Here are some action items... [1] Be encouraged to know…
With So Few Homes For Sale, You Should Expand Your Search Parameters A Bit
If you're looking for a four bedroom home, it might be worthwhile to look at a few homes with three bedrooms. If you plan to buy a home under $300K, it might be…
Only About Half of Home Buyers In The City Of Harrisonburg Buy Single Family Homes
Yesterday I observed that about two thirds of home buyers in our area (City of Harrisonburg plus Rockingham County) buy single family homes each year. In the City alone…