The real estate market in Harrisonburg and Rockingham County continued to see positive trends in January 2013, with 47 residential home sales marking the highest January total since 2008. Additionally, 76 new contracts were placed in January, the most since 2007, indicating growing consumer confidence and pent-up demand. While home prices have not increased yet, the report predicts that low inventory combined with high buyer demand will likely cause prices to rise in 2013.
Check out this synopsis of that had occurred in the Armstrong Spallumcheen real estate market of North Okanagan. January 1 - March 21, overview of residential MLS® property sales.
Check out this synopsis of that had occurred in the Armstrong Spallumcheen real estate market of North Okanagan. January 1 - March 21, overview of residential MLS® property sales.
My books- Hacking Digital Learning Strategies http://hackingdls.com & Learning to Go https://gum.co/learn2go
Resources at http://shellyterrell.com/classmanagement
The reality for companies that are trying to figure out their blogging or content strategy is that there's a lot of content to write beyond just the "buy now" page.
We’d like to share with you the announcement related to our Q3 2011 earnings. We’ll also be live sharing the earnings call both from LinkedIn’s Company Page and our @linkedin account, starting 2PM Pacific Time later today.
Please see Disclaimer and Safe Harbor statement in the blog post.
http://stocktwits.com/LinkedIn/message/5682633
Eduprof Expertmeeting 14-15 April 2011 Groningen.
Workshop Demographic Change
General introduction by Ari Tarkiainen, North Karelia University of Applied Sciences, Finland
I was the group leader in this project to analysis the Broadway industry, conduct primary & secondary research and provide recommendations for Broadway. The leave behind was submitted for a Marketing Research course.
Rowena Crawford: NHS and social care funding: the outlook to 2021-22Nuffield Trust
In this slideshow, Rowena Crawford, Senior Research Economist at the Institute for Fiscal Studies, provides the outlook for NHS and social care funding over the next decade and examines the trade-off between English NHS spending and other public service spending during this period.
The slideshow is related to: NHS and social care funding: the outlook to 2021/22 (July 2012 ), an Institute for Fiscal Studies (IFS) report by Rowena Crawford and Carl Emmerson, funded by the Nuffield Trust. More information can be found on our website: www.nuffieldtrust.org.uk.
Rowena presented at the Nuffield Trust and Institute for Fiscal Studies event: NHS and social care funding: the outlook for the next decade.
Gary Kendall - Plugging into Electric Mobilitynoe21
http://www.managing-energy-demand.org
This seminar held on november 4 ‘09 in Bern, Switzerland, hosted international specialists in managing energy demand, mainly electric energy. Presentations concentrated on best cases in demand side management and regulation easing the way for DSM programs. The event was organised by noe21, a Geneva based NGO.
My books- Hacking Digital Learning Strategies http://hackingdls.com & Learning to Go https://gum.co/learn2go
Resources at http://shellyterrell.com/classmanagement
The reality for companies that are trying to figure out their blogging or content strategy is that there's a lot of content to write beyond just the "buy now" page.
We’d like to share with you the announcement related to our Q3 2011 earnings. We’ll also be live sharing the earnings call both from LinkedIn’s Company Page and our @linkedin account, starting 2PM Pacific Time later today.
Please see Disclaimer and Safe Harbor statement in the blog post.
http://stocktwits.com/LinkedIn/message/5682633
Eduprof Expertmeeting 14-15 April 2011 Groningen.
Workshop Demographic Change
General introduction by Ari Tarkiainen, North Karelia University of Applied Sciences, Finland
I was the group leader in this project to analysis the Broadway industry, conduct primary & secondary research and provide recommendations for Broadway. The leave behind was submitted for a Marketing Research course.
Rowena Crawford: NHS and social care funding: the outlook to 2021-22Nuffield Trust
In this slideshow, Rowena Crawford, Senior Research Economist at the Institute for Fiscal Studies, provides the outlook for NHS and social care funding over the next decade and examines the trade-off between English NHS spending and other public service spending during this period.
The slideshow is related to: NHS and social care funding: the outlook to 2021/22 (July 2012 ), an Institute for Fiscal Studies (IFS) report by Rowena Crawford and Carl Emmerson, funded by the Nuffield Trust. More information can be found on our website: www.nuffieldtrust.org.uk.
Rowena presented at the Nuffield Trust and Institute for Fiscal Studies event: NHS and social care funding: the outlook for the next decade.
Gary Kendall - Plugging into Electric Mobilitynoe21
http://www.managing-energy-demand.org
This seminar held on november 4 ‘09 in Bern, Switzerland, hosted international specialists in managing energy demand, mainly electric energy. Presentations concentrated on best cases in demand side management and regulation easing the way for DSM programs. The event was organised by noe21, a Geneva based NGO.
1. Market Report
January, 2013
Presented By:
February 12, 2012
2. Market Update – January, 2013
The positive trends in the Harrisonburg and Rockingham County real estate market continued in January with strong sales, new
contracts and buyer activity. The Harrisonburg-Rockingham Association of REALTORS reported 47 residential sales in
Harrisonburg and Rockingham County in January, the highest January total since January, 2008. In addition, buyers placed
contracts on 76 residential properties – the highest January total since January, 2007.
This strong buyer activity in our market is a clear indicator of returning consumer confidence in real estate and the unleashing of
the demand for homes which has been pent up for the past several years due to economic conditions. Leading indicators tell us
there is a wave of buyers becoming very active in their search for homes. Our company website, www.KlineMay.com , has tallied
more pageviews over the past four weeks than during any four weeks in our history, averaging over 50,000 per week. This kind
of activity bodes very well for the 2013 market!
It is our belief the increased demand from buyers, combined with the low inventory of homes for sale will begin to cause home
prices to rise in 2013, although they have not turned upwards yet. The three and one year trends in sold prices as of the end of
January are:
Three year change One year change
Average Price Median Price Average Price Median
Price
-10.10% -6.99% -1.31% -1.09%
Local market conditions look better now than they have in the past several years, and low interest rates are keeping homes very
affordable. Will 2013 be the year normalcy returns to our market? We think the answer will be a resounding “yes’!
Karl Waizecker
Broker, Kline May Realty
3. Residential Units Sold by Area, Year to Date
Source: Harrisonburg - Rockingham Association of REALTORS Multiple Listing Service, 2/12/2013
4. Average Sales Price by Area, Year to Date
Source: Harrisonburg - Rockingham Association of REALTORS Multiple Listing Service, 2/12/2013
5. Months Supply of Inventory by Area
Source: Harrisonburg - Rockingham Association of REALTORS Multiple Listing Service, 2/12/2013
8. Harrisonburg & Rockingham County Residential Sales
Past 12 Months Sales, by Month
2010 – 2013
950
900
850
800
750
700
650
600
Jan.…
Jan.…
Jan.…
June
June
June
Sept.
Sept.
Sept.
Nov.
Nov.
Nov.
April
April
April
Feb.
Feb.
Feb.
July
July
July
May
Aug.
Dec.
May
Aug.
Dec.
May
Aug.
Dec.
March
March
Oct.
Oct.
March
Oct.
Source: Harrisonburg - Rockingham Association of REALTORS Multiple Listing Service, 2/12/2013
9. Change in Residential Units Sold Compared to the Prior Year
Harrisonburg & Rockingham County as of January 31
2008 - 2013
10
8
5
7
-1
0
-5
-5
-10
-14
-15
-20
-24
-25
2007 2008 2009 2010 2011 2012
Source: Harrisonburg - Rockingham Association of REALTORS Multiple Listing Service, 2/12/2013
10. Harrisonburg & Rockingham County Monthly Average & Median Sold Price
2010 – 2013
$250,000
Average
$240,000 Sold Price
Median
$230,000 Sold Price
$220,000
$210,000
$200,000
Jan. Average
$190,000
$171,597
$180,000
$170,000
$160,000 Jan. Median
$159,500
$150,000
Source: Harrisonburg - Rockingham Association of REALTORS Multiple Listing Service, 2/12/2013
11. Harrisonburg & Rockingham County Average & Median Sold Price
Rolling 12 Month Average
2010 – 2013
$220,000
Average
Sold Price
$210,000 Average Price Median
-10.10% over 3 yrs Sold Price
-1.31% over 1 yr
$200,000
12 Month
Average
$190,000 $192,383
$180,000
12 Month
Median
$170,000 $173,000
Median Price
-6.99% over 3 yrs
$160,000 1.09% over 1 yr
$150,000
Source: Harrisonburg - Rockingham Association of REALTORS Multiple Listing Service, 2/12/2013
12. Harrisonburg Single Family & Townhome Listing Inventory
2010 – 2013
400
Residential
350 Townhomes
Combined
300
250
200 Combined
190
150
Single Family
100 95
Townhomes
95
50
-
Source: Harrisonburg - Rockingham Association of REALTORS Multiple Listing Service, 2/12/2013
13. Rockingham County Single Family & Townhome Listing Inventory
2010 – 2013
700
Residential
Townhomes
600
Combined
500
400
Combined
365
300 Single Family
313
200
100
Townhomes
52
-
Source: Harrisonburg - Rockingham Association of REALTORS Multiple Listing Service, 2/12/2013
14. Harrisonburg & Rockingham County Average Days on Market
Rolling 12 Month Average
2010 – 2013
220
215
210 DOM
12 Month Average
205 216 Days
200
195
190 Days on Market
+15.51% over 3 yrs
185 +2.37% over 1 yr
180
175
170
165
Source: Harrisonburg - Rockingham Association of REALTORS Multiple Listing Service, 2/12/2013
15. Check our blog to see monthly Market Reports at:
Blog.KlineMay.com