Gazumping Is Not Common Among Harrisonburg Home Sellers
Gazumping!?!? What in the world is that? I had to Google it after a homeowner referenced it when I was meeting with them this week. It seems it is more common in England…
Home Sales Solid, Contracts Strong, in November 2019
Happy December, friends! The end of the year is approaching, so let's take one last partial-year look at our local housing market before we have a full twelve months of…
Will You Take Your House Off The Market Over The Winter?
In some ways, NO, you should NOT take your house off the market -- because housing inventory levels have plummeted in December. And yet, still, some folks will take their…
Housing Inventory Levels Plummet in December
First - a note - each data point above is for the end of the given month. Thus, the 235 homes for sale in November are at the end of November -- or, as the case may be…
I Would Like To Sell But Cannot Find Anything To Buy
Something I am hearing with increasing frequency goes something like this... MONDAY: I think I want to sell my house - can we meet to discuss that? TUESDAY: Would-be…
Detached Homes in the City of Harrisonburg Under $200K Are Harder To Find
It's harder and harder to find a (detached) home in the City of Harrisonburg under $200K. As shown above, there have been fewer and fewer such home sales over the past…
Should Sellers Feel Confident That A Contract Will Result In A Sale?
If you're selling your home, and it just went under contract (hooray!) should you be confident that it will make it to closing? Yes and no.... YES - Most contracts result…
Home Sales Steady, Prices Slowly Rising in Harrisonburg, Rockingham County
Despite rapidly declining temperatures (15 degrees last night!?) the local housing market is still rather hot! Read on for an overview of the latest market trends in…
A Late Thanksgiving Helps Home Sellers This November
If you are planning to list your house for sale in November, it may feel like you have an extra week of buyer activity this year -- since Thanksgiving won't be celebrated…
Home Buyers In The City of Harrisonburg Have Fewer and Fewer and Fewer Choices
As shown above, inventory levels keep on dropping in the City of Harrisonburg!?! Today, you'd have only 50 options for a home in Harrisonburg, compared to... 82 a year…
Sometimes, It Just Takes Finding The Right Price Point To Open The Floodgates
Sometimes, but not always, this can happen when pricing and listing and marketing a home... List your house at a somewhat optimistic price Very few showings Adjust the…
Inventory Levels Seem Unable To Drop Below 250
It's been the story for quite a few years now (at least 10 years, it seems) that inventory levels are dropping -- buyers have fewer and fewer homes from which to choose…