All months (and market segments) were not created equal
If you’ll be selling a $300K+ home this year, you should know that all months are not created equal. Last year there was a significant spike in $300K+ buyers during July…
Only (4) Liberty Square II townhomes remain....
Constructing is coming to close in some of the most recently built townhome communities in Harrisonburg, such as Liberty Square II. As indicated above, only four…
If you were waiting for the bottom of the market, this is it.
After five years of declining sales (2005-2010) the pace of single family home sales finally increased in 2011. After five years of declining sales prices (2006-2011) the…
Townhouse sales pick up pace, prices still declining
After a massive decline in townhouse sales (644 sales in 2005 down to only 168 sales in 2011) the pace of townhouse sales finally increased (+32%) in 2012. Despite more…
When to make a price adjustment?
As I mentioned last month, after we have your house on the market for a month or two, if we aren't having many showings (or we're not satisfied with the feedback from…
A property can do well within an oversupplied segment of the market if....
A property can do well within an oversupplied segment ofthe market if it has unique characteristics that set it apart from all or most otheravailable options. Despite an…
The specs can be good on paper, and the photos can continue the story, but....
Do you ever see a house for sale online that seems to be too good to be true? It has everything you are looking for (4 bedrooms, 2 bathrooms, 2400 square feet) and it is…
Why does my Realtor keep telling me to lower my asking price?
This post was going to entitled.....Is it possible to price aggressively low and still priced too high? But I figured I'd approach it from a seller's perspective…
The balancing act of a home seller. Don't price too high, or too low!
This eternal pricing challenge is true more than ever now, in a market that still favors buyers.... FIRST -- It is imperative to price your home competitively (not too…
Which seller do YOU want to be?
Believe me -- there are an abundance of both types of sellers in the current market. Keep in mind, of course, that all sellers who don't sell in the first 90 days are not…
How do you market and sell a $750K+ home in Harrisonburg or Rockingham County?
There are 17 homes on the market in Harrisonburg and Rockingham County priced over $750K -- view them here. How many of these impressive homes are likely to sell this…
Don't get distracted by YTD average days on market
Some sellers might despair when they see that the average days on market for homes sold thus far in 2012 is a whopping 229 days. Wow! But wait.... Don't despair yet…