Archive for July 2012
Newer Posts |
Price trumps all |
|
My house is next to the railroad tracks, but buyers who turned it down didn't complain about price, they complained about the railroad tracks. My house has an unbelievably steep driveway, but buyers who turned it down didn't complain about price, they complained about the steep driveway. My house is needs many cosmetic updates, but buyers who turned it down didn't complain about price, they complained about the need for cosmetic updates. Guess what folks --- unless you're going to move the railroad tracks (or the house), flatten the driveway, or make all of the cosmetic updates -- it really is an issue of price! If you're getting consistent feedback about your house that is unrelated to price, in almost all cases, you need to adjust the price to accommodate for that specific issue. If the price is lower then buyers might actually buy despite the specific issue that they were complaining about. | |
Preliminary reports show positive trends in local housing market |
|
PACE OF HOME SALES UP 3% Home Sales in First Half 2011: 366 Home Sales in First Half 2012: 377 (up 3%) MEDIAN SALES PRICE UP 4% Median Sales Price in First Half 2011: $165,000 Median Sales Price in First Half 2012: $172,000 (up 4%) A few more sales will trickle into the system over the next few days. Expect my full report towards the end of this week. | |
Newer Posts |
Scott Rogers
Funkhouser Real
Estate Group
540-578-0102
scott@funkhousergroup.com
Licensed in the
Commonwealth of Virginia
Home Search
Housing Market Report
Harrisonburg Townhouses
Walk Through This Home
Investment Properties
Harrisonburg Foreclosures
Property Transfers
New Listings