The Goldilocks Principle In Pricing Your Home To Sell
Per Wikipedia... The Goldilocks principle is named by analogy to the children's story "The Three Bears", in which a young girl named Goldilocks tastes three different…
Far Fewer Homes Are Selling, But Sales Prices Keep Rising
Happy Friday Morning, Friends! As per the headline above, far fewer homes are selling this year, but sales prices keep rising. But before we dive into it... First, if…
Do We Care How Many Homes Are Selling, Or More About Their Sales Prices?
Each month I publish a comprehensive report on our local housing market. A few years back, after I published a report showing that sales had risen by _% and prices had…
How Quickly Can You Sell A Second Cup Of Lemonade, Or Your House?
Let's say you set up a lemonade stand early on a Saturday morning around 8:00 AM. Before you can even put the last sign up, you have your first customer at 8:04 AM. After…
Homes Still Selling Quickly, At Record High Prices, Despite Decline In Total Home Sales
Happy Monday morning, friends! They say summer doesn't start until June 21st, but the 85 degree temps yesterday certainly felt like summer. Regardless of the formal start…
Improving Your Home Might Make More Sense Than Selling And Buying
Let's say your current home doesn't work quite as well for you now as it has in the past. Perhaps you need more room, or a room on the main level, or perhaps you'd like a…
The First Buyer To Make An Offer Will Likely Not Include An Escalation Clause, At Least Not At First
Yes indeed, we're still in a market where we often see multiple offers on new listings... and when there are multiple offers, we are likely to see some escalation…
Homes Are Still Selling Quickly, So You Should Know (Or Think About) Where You Are Going Next Before You List Your Home For Sale
Perhaps you are one of the many homeowners living in homes in Harrisonburg and Rockingham County who has lived in their home for 20+ years but are now ready for a change…
Are You Ready To Sell Your Rental Property?
If you own a rental property, you might wonder from time to time whether you should keep or sell that property. I generally advise my clients to keep their rental…
Should We Let Buyers View Your Home Before It Hits The Market?
Q: Should we let a buyer (or two or three) look at your house before it is listed for sale? A: Usually... no... though it depends on your goals. Despite higher mortgage…
16 Apartments, 4 Rowhouses Proposed For Final Phase Of Locust Grove Village
Locust Grove Village, located on Boyers Road, seems likely to be expanded from 86 residential units to 106 residential units. The final configuration will include 64…
Different Segments Of Our Local Market Are Performing Differently. This Is Normal.
Over the past few years almost every house, in any location, at any price point, would have double digit showings and multiple offers and would likely sell over the…