August real estate sales, both locally and nationwide, typically taper off after the rush of spring and summer and segue into the even slower fall months. We view August as sort of a transition month… usually. This year, however, we’re seeing a slightly different trend. Contracts are up, sales are...
Tag: market statistics
Are Buyers Demanding New Homes in the Harrisonburg Area?
Realtor Magazine just published an article titled “Buyer Demand Grows for New Homes.” In it, they explained that new-home sales are on the rise, and that inventory for new construction is dwindling on a national level. This got us thinking about the new-home market in Harrisonburg. There are currently 47...
Harrisonburg Area Real Estate Market Report: July 2012
This summer’s weather has been sort of typical in that we’ve accumulated a lot of rainfall, but it has also been sort of atypical in that we’ve experienced a plethora of nasty storms. Some might think that this would put a kink in the local real estate market, but we...
Harrisonburg Area Real Estate Market Report: June 2012
Can you believe we’re half way through the year already? We’re excited to report that our team has been absolutely slammed this year. 2012 has been shaping up nicely in the Harrisonburg real estate market. Sales continue to rise, contracts are at the highest point in the past 12 months,...
Harrisonburg Area Real Estate Market Report: May 2012
Summer vacations have officially begun! Soon folks will be taking beach vacations and getting out of town. Most Harrisonburg residents are quite busy this time of year, but that doesn’t mean the real estate market has slowed down. In fact, it is still chugging along nicely! [Click any image to...
Harrisonburg Area Real Estate Market Report: April 2012
Remember last April when we posted about how dire the local real estate market was, and that we had to really search for positive trends occurring here in Harrisonburg? Well, we are happy to report that April 2012 shown much brighter in terms of real estate sales, contracts, and sales...