All market indicators are positive for home sellers


All market indicators are positive for home sellers
By Scott Rogers • March 27, 2017
Sellers are certainly enjoying themselves these days. Perhaps because it wasn't too many years ago that sellers were having a difficult time selling their homes. My oh my how the tables have turned. PRICES ARE UP - this is good for sellers, as they are likely to sell their home for more than they would have a year or so ago. INVENTORY IS DOWN - this is good for sellers, as they have fewer homes to compete against in the current market. DEMAND IS UP - this is good for sellers, as there are more buyers potentially interested in buying their home as compared to a year ago. TIME ON MARKET IS DOWN - this is good for sellers, as they are likely to sell their home more quickly than they would have a year ago. Receive Updates by Email Recent Articles: Is There A Price You WOULD Pay For This House? 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
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 23, 2024 (unless otherwise noted).
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