Home Buyers Have Had Fewer Choices Nearly All Year
The blue line above shows the number of homes for sale at the end of the month for the first six months of last year, 2018. The orange line shows the same (homes for sale…
Home Sales Slow, Prices Inch Higher In First Half of 2019
It's hard to believe, but half the year has already flown past! Let's take a few minutes to review some recent trends in the local housing market -- but first... Find out…
City Home Buyers Have Fewer and Fewer Choices (at any given time)
If you are a home buyers (or would-be home buyer) in the City of Harrisonburg, it can be a frustrating time to try to find that "right home" given the extremely low…
Local Home Sales Stable, Prices Rising in First Five Months of 2019
We're nearly halfway through the year and 2019 is shaping up to be a strong year of home sales, very similar to last year. But before we dive into the data, here are a…
March thru May Contracts Strong, Again, in 2019
March, April and May are always VERY busy months of buyers (and sellers) signing contracts. This year was no exception. As you may recall from last year we had a…
Why Sell A 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…
Do We Focus On Buying Or Selling First? Which Will Be Harder?
If you are getting ready to sell your home AND buy your home, it can sometimes be difficult to determine where to start... Do you start by finding a house you want to…
Home Sales and Contracts Surge in April 2019
After a somewhat slow start to 2019, the local real estate market has now picked up speed in April! But before we start looking at the data, two quick links for you…
Sales Slow, Prices Plateau, Contracts Console in First Quarter 2019
Just like that - the year is already more than 25% behind us. Looking back over home sales activity during the first quarter we find a mixed bag of market indicators…
Assigning Blame for the Slow Winter Housing Market
So -- who's to blame for the slow real estate market in the Winter? This year? And every year? Ever!? It's the Buyers!!!! Sellers would list their homes for sale if…
I Know You Know This, But These are RECORD Low Inventory Levels
I looked back further, and further, and further, and could not find ANY time in the past 10 years when there have been fewer houses listed for sale than there are RIGHT…
Needing vs Wanting A Home Sale Contingency
If you're looking to buy a house this Spring or Summer -- but -- you own your current home -- this morning's ramblings are for you... Selling (for some houses, in some…