If last year is any indication, housing inventory levels will be declining by 20% over the next three months. By the end of the year, we're likely to be down to around 550 homes for sale in Harrisonburg and Rockingham County.
Buyers -- If you'll be buying over the next few months, you'll have fewer and fewer option as we continue through the Fall and into the Winter.
Sellers -- If you're keeping your house on the market, you'll have somewhat less competition over the next few months as inventory levels thin out.
Learn more about recent market trends in my October 2014 market report....
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