2019 4th Quarter Report

I know! You have been waiting for this since the New Year. Well, it is finally here. Let us take a quick look at what the housing market has done in to close out 2019. We have to zoom out to begin though. We saw the national economy continue to be stable and strong. JobContinue reading “2019 4th Quarter Report”

2019 Quarter 2 Report

The Virginia Realtors group has released their second quarter home sales report.  The short version of this report: The economy is strong. Inventory is low. Prices are high.  The national economy experienced moderate growth.  Trade issues and global economics remain a looming concern on the U.S. economy, but there is an expectation the Fed willContinue reading “2019 Quarter 2 Report”

2019 Q2 Report for RVA

As promised per my IG story (@hezbutler_realtor) I wanted to share a condensed version of CVRMLS’ Quarter 1 Analysis of the Central Virginia Area Housing Market.  You can certainly check out the whole report here, but it is several pages longer than my version below. Let’s start with national and Virginia economy and how itContinue reading “2019 Q2 Report for RVA”

Good Signs for Inventory after Q2?

The second quarter has come to a close.  The metrics are not fully recorded to this point, but there are certainly some indications that the market, while maintaining healthy, looks to begin to have some subtle change in the near future.  The exciting change centers on a strong possibility that housing inventory may be onContinue reading “Good Signs for Inventory after Q2?”