Home Prices Keep Climbing Despite Fewer Home Sales And Rising Inventory Levels
Happy Monday, Friends! Before we get to the real estate news...can we just start by saying... Go Dukes!?! JMU has been on a roll over the past few weeks and months in…
Fewer Home Sales, Rising Inventory Levels And Possible Slowing In Sales Price Gains
Happy October, Friends! October is one of my favorite months of the year... for quite a few reasons... 1. Cool mornings, warm afternoons and then cool evenings again. 2…
Fewer Homes Are Selling, Though Prices Keep Rising, And Now Inventory Levels Are Rising Too!?
Happy Thursday morning, friends in and around Harrisonburg and beyond! After I process all the data... and create all of the charts and graphs... and doodle on them to…
Fewer Home Sales, But Prices Are Rising!? More Contracts But Inventory Levels Are Rising!?
Happy Monday afternoon to you, friends! This monthly market report is one of some enigmas, some contradictions, some puzzlement. Some of these will be familiar, some new…
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…
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…
Median Sales Price Up 10% In 2023 Despite 19% Decline In Home Sales
Happy Tuesday morning, friends! We are now -- wait for it -- more than a third of the way through 2023!? How can it be!? And how's the market you might ask? Fewer homes…
Home Prices Still On The Rise Despite Fewer Home Sales In 2023
Happy Thursday afternoon, friends! The spring real estate market is upon us -- though it looks and feels a bit different than it did over the past few years. Read on for…
Fewer Home Sellers, Thus Fewer Home Buyers, But Ever Higher Sales Prices In Early 2023
Happy Tuesday morning, friends! Driving around town over the past few days I have seen more and more redbuds blooming and daffodils popping up. It must be March! Indeed…
Home Sales Still Slowing, Home Prices Still Rising, In Harrisonburg, Rockingham County
Happy Friday morning, friends! We're about halfway through February, so it's time to take a moment to look back and see what we can learn about our local real estate…
Home Sales Slowed Considerably In Late 2022 But Home Prices Kept On Rising
Happy Thursday afternoon, friends! And... Happy New Year! It's hard to believe the New Year is upon us. Actually.. we're already more than halfway through January at this…