Pricing Your Home Above $212,500 Eliminates Half Of All Potential Buyers
Pricing your home above $200,000 eliminates 44% of all buyers. Pricing your home above $212,500 eliminates HALF of all buyers! Pricing your home above $300,000 eliminates…
Any Part Of A Bathroom Is A Full Bathroom To Zillow
Zillow often has helpful and accurate data -- though with some frequency there are some issues with their data. A somewhat frustrating one for home buyers is that they…
Early Preview of October Home Sales Activity
I'll put my full market report together later this week, but an early look at October home sales data shows that buyers turned out in force during October 2018 -- in fact…
Last Chance To Sell Your House in 2018
"I sold my house in 2018!" - You? This is (right now) just about the last chance to sell your house in 2018 -- if we mean closing on the sale in 2018. After all, it will…
City Housing Inventory Levels Stabilizing, At Extraordinarily Low Levels
Perhaps inventory levels (number of houses for sale) can only go so low in the City of Harrisonburg. As shown above, inventory levels are "stabilizing" around 100 homes…
Do Solar Panels Add Value To Homes in the Harrisonburg Area?
So, you're thinking of adding solar panels to your house? You might wonder if this will increase the value of your home -- or make it easier for your house to sell -- or…
Differing Perspectives On Home Inspection Repairs
While not always the case, a general rule of thumb is that... On home inspection repairs -- sellers usually have a short term fix mentality -- while buyers usually have a…
Will We See Modest Sized New Homes Built Anytime Soon?
Between 2000 and 2012, three centrally located townhouse developments were built in Harrisonburg: Avalon Woods = 141 townhouses (circa 2001-2005) Beacon Hill = 253…
Higher End Harrisonburg Area Homes Selling Well in 2018
We're only 10.75 months through the year and it has already been a record setting year for higher end home sales in Harrisonburg and Rockingham County. As shown above…
Is October, Or Even November, Too Late In The Year To List Your Home For Sale?
I believe this question is best answered by evaluating when buyers make an actual buying decision -- which is when they sign a contract. The data above shows when buyers…
When Making A Low Offer, Accentuate Your Other Offer Terms
If you are making a low offer, you can increase the appeal of your offer by strengthening your other offering terms.... DEPOSITS Make the largest deposit you are…
There Is Nothing Quite Like Actually Viewing A Home In Person
Internet cools are great but they still can't replace an in-person walk through. These days -- you can learn A LOT about a house online. You can typically review: an…