58% Drop in Under $200K Listing Inventory
One of the most striking changes in inventory levels has been the "under $200K' market, where we have seen a 58% decline in the number of homes for sale. A small part of…
Just HOW great were May home sales?
Just the BEST month of May EVER! :) Indeed, as shown above, it seems that the 148 home sales seen in May 2017 was the most home sales we have EVER seen during a month of…
Best May Home Sales Ever!
Check out this immaculate rowhouse at Preston Lake with a rooftop terrace! Wow! Both the temperatures and our local real estate market are certainly heating up! I just…
Complete the Harrisonburg Retail Survey Today!
Take a few minutes to fill out this 19-question survey about the Harrisonburg area that will ask you about yourself, your internet use and our shopping habits. This…
Understanding Buyer Feedback is Essential if You Have LOTS of Showings and NO Offers
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…
How to Count the Bedrooms in Your House
OK, OK, I am sure you are a very smart person, and certainly excellent at counting. So, why might I be giving you tips on how to count the bedrooms in your house? Well…
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 certain to give you the correct answer.... Check the tax records…
The Danger of Focusing on Just One Comparable Sale
It's easy to want to do this -- as either a buyer or a seller. The illustrations below are partially based on real experiences in the past few months, but have some…
Will Buyer Activity Increase or Decrease in May and June?
History does not tell a consistent story here. Last year, contract activity (buyers -- and sellers -- actually signing contracts) decreased between April and May and then…
Home Sales Slow Slightly in April, Perhaps Due To Low Inventory Levels
Don't miss out on this fantastic four bedroom home in Barrington -- details here. OK -- now for your local real estate news! Happy May, everyone! I have published my…
More Homes Selling Faster in 2017
OK -- so -- a few things going on here. The graph above shows the percentage of homes that sold in the first four months of this year (and last year) that went under…
Location, Setting and Context Matter
Many houses are WONDERFUL -- but the location, setting and context of those homes is not just a small additional detail to note -- it is often central to a purchasing…