Area Wide Sale On Houses On Day After Thanksgiving!
No, not really. There is not an area wide sale on houses on the day after Thanksgiving. It's a joke. I mean... other than the fact that yes, most houses for sale today…
As A Home Seller, You Are Always Optimizing For Something
What are you optimizing for? price? time? convenience? As a home seller, you are always optimizing for something. PRICE - Maybe you are willing to wait as long as it…
Increasing Home Sales Despite Declining Inventory Levels
Fewer homes on the market means that fewer homes are selling, right? Nope, not necessarily. As you can see above, there have been an average of 38% fewer homes on the…
Homes Usually Go Under Contract More Slowly In The Winter, But Maybe Not This Year?
Usually, things slow down in the winter. Winter of 2017/18... November through February = average of 44 days on market Two Months Before/After = average of 25 days on…
How High Will You Go When Competing With Other Buyers?
Over the past month I have represented multiple buyers who have made offers on homes where they were competing against anywhere from three to seven other buyers. Given…
Mortgage Interest Rates Will Never Be This Low Again, I Said Countless Times In Recent Years
I've been in this business for 17 years now. When I started, mortgage interest rates were right around 6%, which was amazing, given that they had been up above 8% just…
Local Home Sales, Prices Hit Record Highs In October 2020
Happy Veterans Day and an enormous thanks to all who have served our country! Also, Happy November and Happy Thanksgiving! Speaking of thankfulness, we have a lot to be…
November 19 Meeting To Discuss Harrisonburg Comprehensive Housing Assessment and Market Study
Mark your calendars for Thursday, November 19th at 6:00 PM to tune in to hear a presentation of the findings of the initial draft of the City's Comprehensive Housing…
November 2020 Temperatures Assisting Outdoor Gatherings, Local Housing Market
It has been a fantastic week of near 70 degree weather and it looks like those temperatures will hold over the weekend and at least into early next week! There are plenty…
If You Are Not Getting Offers On Your House, Will You Wait, Or Lower Your Price?
If you are selling your home and it is prepared well and marketed well, you will likely have a decision to make related to time and price... TIME - Are you willing to…
Missing Out On House After House As A Buyer
Some buyers in this market -- particularly those seeking a home under $250K -- are likely feeling like they are missing out on house after house. It is a tough time to…
Buyers Kept Showing Up In October 2020
Who cares about normative seasonal changes in home buying activity... ...this is 2020! :-) Usually, buyer activity (contracts being signed) starts to slow down in…