Should You Be Surprised If Your Home Sells At Or Above List Price?
No. You should not be surprised if your home sells at or above the list price. As shown above, 53% of homes that have sold thus far in 2020 have sold at or over their…
Home Buyers And Sellers Made Up For Lost Time In June, July
Well - hello June and July! The red line above shows the number of contracts signed for each of the past five months. The blue line shows the average number of contract…
Local Home Sales Slow Slightly But Prices Are Up 10% in 2020!
Happy Tuesday Morning! Summer is winding down, and it's been a bit of an unusual one... kids haven't been inside a school building for five months instead of the usual…
Will COVID Cause Local Home Prices To Decline?
I still get this question from time to time and my general thought, at this point, is that it is quite unlikely that COVID will cause home prices to decline locally. Home…
Preparing To Sell? A Messy (aka normal) House Is Just Fine When We Meet!
So, you're thinking about selling your home? And we're getting ready to meet? I'm swinging by your house tomorrow morning to walk through it together and to talk about…
How To Measure The Square Footage Of Your Home
So -- are you trying to figure out the square footage of your home? Here are a few methods that are NOT necessarily going to give you the correct answer.... Check the tax…
How To Count Bedrooms In A House
You don't have to be a math major to count bedrooms, right? Well, technically, that's true -- but counting bedrooms for real estate purposes can become a bit nuanced…
Cumulative Contract Activity Pulls Ahead In 2020
How did COVID-19 affect our local housing market? So far, this is what we're seeing... Contract activity started declining in March/April until the 2020 cumulative…
Most Homes That Sell In The First Ten Weeks On The Market... Sell In The First Week
We know that homes are selling quickly. 62% of homes that sold in the past year were under contract within 30 days. 75% of homes that sold in the past year were under…
More Than Half Of Homes Are Selling For More Than Their List Price
This might surprise you. It surprised me! More than half (52%) of homes that sold in the first half of 2020 sold for MORE than their list price! It is certainly true that…
Highest Monthly Pace of Contracts in Over 10 Years
To say June 2020 was a busy month of contract activity is a bit of an understatement. A total of 175 properties went under contract in June, which was more than any other…
Harrisonburg Area Home Prices Up Nearly 7% in First Half of 2020
Happy Tax Day! Yes, that's right, today is the extended deadline for filing and paying income taxes. But the day is still young, so read on for an update on our local…