If Home Sales Are Going To Slow, April Did Not Show It


If Home Sales Are Going To Slow, April Did Not Show It
By Scott Rogers • May 4, 2022
Many wonder or suspect if home sales will slow in 2022 because of rising mortgage interest rates. That is certainly just one of the reasons why home sales could slow -- they could also slow because there aren't enough homeowners willing to sell their homes. Low supply = slow sales. Above, you'll see that we've seen just about the same number of home sales this year as last year during the first four months of the year. Furthermore, home sales this April were stronger than last April!? Finally, there are likely still some April home sales that closed this past Friday that aren't showing up in the MLS yet. So... if home sales are really going to slow down in 2022, it doesn't seem that April sales figures are showing that. Maybe things will slow down in May? Or maybe not! 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 22, 2024 (unless otherwise noted).
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