The Harrisonburg Housing Market Keeps Defying Expectations


The Harrisonburg Housing Market Keeps Defying Expectations
By Scott Rogers • July 13, 2022
After A Worldwide Pandemic... More and more home sales Higher and higher sales prices Faster and faster market pace After Mortgage Interest Rates Almost Doubled... Sales keep increasing Prices keep increasing Homes are selling just as fast When the pandemic began, I was convinced home sales would slow and prices might drop as well. The market defied my expectations. When interest rates skyrocketed, I was convinced home sales would slow and prices might drop as well. Thus far, the market has defied my expectations. As you can see, the Harrisonburg housing market doesn't always do what we might expect, even with significant external factors having the potential to make large impacts on our local market. So... don't assume our local housing market will do whatever you might read in national headlines... the local market seems to keep having some surprises for us! 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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