Is the housing market "well" yet?


Is the housing market "well" yet?
By Scott Rogers • May 31, 2012
The front page of today's Daily News Record might make you wonder whether our local housing market has taken a turn for the worse. Do note, however, that today's article is focused on national housing trends, not local trends. The first line of the article tells us the negative trend that was seen nationally.... A gauge of Americans who signed contracts to buy homes fell in April from nearly a two-year high in the previous month. Let's re-write that for our local market.... A gauge of those who signed contracts to buy homes in Harrisonburg and Rockingham County rose 10% in April to the third highest level in the past two years. Ahhhh...that's better. I was having heartburn at first, worried that our local housing market was not well, and that I might have to take it to see the housing doctor. Alas, our local market is apparently (again) outperforming the overall national housing market (if there is such a thing). Stay calm Harrisonburg and Rockingham County homeowners --- the local housing market still seems to be on the mend. Receive Updates by Email Recent Articles: There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell Consider The Cost Of Your Planned Renovations When Planning Your Offer
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 21, 2024 (unless otherwise noted).
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