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February 2008 - Sales are Down, Prices Are Up!?! |
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February 2008 home sales are the lowest on record within the past 5 years (beginning January 2003), according to data from the Harrisonburg-Rockingham Multiple Listing Service. Only 44 properties were transferred in February, down from 50 in January 2008, and down from 63 last February (2007). ![]() The Good News If we compare this February (2008) to last February (2007) we see two conflicting market conditions:
Advice to sellers --- be patient, as it may take longer than you expect, or would like, for your home to sell. Recent Articles:
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Scott Rogers
Funkhouser Real
Estate Group
540-578-0102
scott@funkhousergroup.com
Licensed in the
Commonwealth of Virginia
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