I had suspected that the
$8,000 tax credit for first time home buyers would get some buyers off the sidelines --- but I never expected that to happen so quickly, and at such an enormous scale.
My complete March 2009 real estate market report will be available in a few more days, but I couldn't wait to share the good news when I ran some preliminary reports on March 2009 sales.
As shown in the graph above,
there were 158 home sales in Harrisonburg and Rockingham County during March 2009 --- more than we have ever seen in any March since at least 2005. Mortgage companies, title companies and closing attorneys were slammed trying to keep up with the pace of the market this past month.
Again, I'll have my
full monthly market report out in a few days, but until then please spread the good news about our local real estate market, oh yes, and
April Fools!
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