Home Buyers Just Entering The Market Should Despair, Then Rejoice


Home Buyers Just Entering The Market Should Despair, Then Rejoice
By Scott Rogers • February 22, 2022
Blue Line = Despair Orange Line = Rejoice As any buyer in today's market will tell you... there is very little on the market to buy right now. That's the blue line. Over the past 13 years there have been fewer, and fewer, and fewer homes for sale at any given time. But... more homes than ever before (in the past 13 years) sold in the past year, so there are very likely to be plenty of options of houses to buy coming on the market in future weeks and months. That said, they will likely go under contract - quickly - leaving us with low inventory levels all over again. So... would be home buyers... despair only for a moment about the lack of current inventory, and then rejoice that spring is coming and there will likely be plenty of homes to consider purchasing! 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 22, 2024 (unless otherwise noted).
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