Floor Plans, Yet Another Way for Buyers to Understand Your Home
Some people like to see lots of photographs. Others prefer to read the written description of a home and review the pertinent facts and figures. And yes, some folks best…
Which price range of homes have been hit the hardest with reduced inventory levels?
As shown above -- all price ranges have not been affected in the same way with inventory changes over the past two years. The most affordable price range (under $200K)…
Have increased sales been spread evenly across all price range?
Not all price range were created equal this past year, it seems. As shown above, all price ranges except $300K-$400K showed 11% to 14% growth in home sales. That…
The startling 2016 recovery of single family home sales
SINGLE FAMILY HOME SALES are BACK! OK -- but really, it is rather remarkable to look at 2016 single family home sales. And who could have seen this coming? At best, I…
When should we expect to see buyer activity start in earnest in 2017?
If you are planning to sell a home early in 2017, you might be wondering when buyers start coming out in full force. As shown above, the month when buyers really start…
What do 2016 year end home sales mean for buyers and sellers in 2017?
So -- 2016 is over, and 2017 has come. Let's use the data above to draw a few conclusions about what 2016 home sales mean for buyers and sellers in 2017.... HOME…
Year End Home Sales Report Shows Rising Prices, Soaring Sales in 2016
Learn more about this month's Featured Property: 5448 Jesse Bennett Way I just published my monthly report on the Harrisonburg and Rockingham County real estate market…
Home Sales Surge, Prices Rise, Inventory Drops in November 2016
Learn more about this month's featured property: 130 Bedford Place I just published my monthly report on the Harrisonburg and Rockingham County real estate market. Jump…
Sellers Selling for 98% of (Last) List Price
This graph shows the average list price to sales price ratio (red line) in recent years as compared to the overall pace of home sales. Over the past several years, the…
4.6% Increase in Median Price Per Square Foot in 2016
In addition to monitoring home values by overall median sales prices in our market, it can be insightful to examine the median price per square foot of homes that are…
Local Homes Sales Up 14% YTD Despite Slower Sales in October 2016
Learn more about this month's featured property: 429 West Marshall Avenue I just published my monthly report on the Harrisonburg and Rockingham County real estate market…
Making Sense of Buyer Feedback
As a home seller, you will face rejection left and right -- many prospective buyers will come view your house and most of them will decide not to buy it. But how, as a…