Positive trends in the first quarter of 2012
Sales are up.... Prices are starting to stabilize.... Inventory is down....
Local housing inventory hits four year low
Yes, you heard me correctly -- there are fewer homes on the market than we have seen anytime in the past four years. The inventory data above is current as of a few days…
Home sales and median prices on the rise in Harrisonburg, Rockingham County
Good news! With two months of 2012 under our belts, our local housing market is showing signs of continued stability and growth. Click here to jump to the PDF of the full…
Punxsutawney Phil must have meant winter-like levels of housing inventory, not winter-like weather
It sure doesn't seem that we're having six more weeks of winter weather. But we certainly ARE having (at least) six more weeks of winter-like levels of housing inventory…
So, I'll have 671 great homes to choose from, right?
With 791 home sales during 2011, and 671 homes on the market, one might assume that there are PLENTY of homes for buyers to choose from, right? That is over 10 months of…
Local housing market stable in January 2012
Our local housing market remained relatively stable in January 2012, showing some indicators that we will continue the new trend we saw in 2011. To remind you..... In…
Sellers, sellers, where have you gone?
As I commented in my monthly market report earlier this week, inventory has declined significantly (15%) over the past year! Why is inventory dropping so much??? I have a…
2011 Summary: Stability is returning to the Harrisonburg, Rockingham County housing market
Friends and Colleagues --- Our local housing market has finally done it -- after a five year slide (and a 55% drop) in the pace of home sales, the tide has finally turned…
The competition is stiff, oh wait, no it's not!
In preparing to list a home for sale, I met with my clients and we examined the competition that their home would have given its characteristics (size, location, age…
2011 Year in Review of the Harrisonburg and Rockingham County Housing Market
Here is an overview of some of the more interesting, noteworthy, and/or popular stories of 2011 in the Harrisonburg and Rockingham County real estate market.... JANUARY…
Local housing market shows continued signs of gradual recovery
Click here to download my full market report (27 pages, 7 MB, PDF) or read on for highlights.... November was a relatively positive month for the local housing market…
Inventory levels drop to 45 month low (at least)
Each month inventory levels drop at the beginning of the month -- as quite a few listings expired on the last day of the prior month. So it's possible that today's…