Sellers believe the local housing market is recovering


Sellers believe the local housing market is recovering
By Scott Rogers • May 15, 2014
The graph above examines the trend in the number of homes for sale in Harrisonburg and Rockingham over the past seven years. After three years of declining inventory levels (2011, 2012, 2013) we are now finally seeing inventory levels starting to increase again. This likely means.... Sellers believe the local housing market is recovering, and are now willing to list their homes for sale. Buyers should have more options of what to buy than they had in recent years. Any increases in the demand for homes that might have led to increases in prices of homes will be at least somewhat curtailed by this increase in supply of homes. There is plenty of additional information about market trends in my most recent monthly market report. Read it online (here) or download the PDF (here). 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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