Housing Inventory Shortages in City of Harrisonburg Should Not Be Surprising
If only we could have seen this coming. :-) Just kidding -- we have seen it coming. Knowing it was coming, though, didn't seem to inspire any actions to change the…
Who cares if home sales are slowing down
The pace of home sales is down 5% this year as compared to last year. But here's an interesting perspective offered up by one of my clients.... Who cares if home sales…
Low Inventory Levels Lead to Slowing Home Sales in September 2017
Find out more about this beautiful Barrington home shown above here. I just published my most recent monthly market report, and as usual, you can read on for an overview…
With low inventory levels, it is crucial that you know about new listings FAST!
Most of my clients use NewListingsInHarrisonburg.com to keep track of new properties coming on the market in Harrisonburg and Rockingham County. You can quickly and…
If you think housing inventory levels are low now....
If last year is any indication, get ready to see inventory levels falling over the next few months almost as fast as the leaves are falling off the trees. In all…
Housing Market Slows (but prices rise) in August 2017
Find out more about the home shown above, with detached garage and apartment, here. As Geoffrey Chaucer put it - "all good things must come to an end" -- and August 2017…
This is not a balanced real estate market
Most housing market analysts consider six months of inventory (active listings) to be an indicator of a balanced market (between buyers and sellers). The “BUYERS” trend…
Home Sales Steady, Prices Rising in Harrisonburg Area
The beautiful home shown above is located in Kentshire Estates. Find out more here. July 2017 has come and gone -- and even if the temperatures don't yet feel like August…
Home Buying Pace Slower This July Than Last
16% fewer buyers signed contracts in July 2017 as compared to July 2016. It's hard to say if this is related to lower buyer interest (I doubt it) or lower inventory…
Contract Activity Slows, Slightly, in First Half of 2017
As shown above, fewer buyers (696) signed contracts in the first half of 2017 as compared to the first half of 2016 when 718 buyers signed contracts to buy homes in…
Where Have All The Townhouses Gone? Buyers Have Bought Them Every One!
OK, admittedly, there are still SOME townhouses remaining to be purchased in Harrisonburg and Rockingham County -- but the inventory levels are declining relatively…
Significant Decline in Number of Houses for Sale in the City of Harrisonburg
Are you having difficulty finding a home to purchase in the City of Harrisonburg? You're likely not alone! As shown above, there has been a rather significant decline in…