The Lynchburg Market Report

So apparently we're going to get some snow this weekend... on top of the 20+ inches we've already received.  Needless to say, all this inclement weather doesn't do much for the local housing market.  However, as one of my former brokers used to say... "I LOVE showing houses in the snow... becaus...

Well we're right at the end of September, marking the close of the third quarter for 2009.  While there are many reports about consumer sentiment and jobless claims, one element of our economy that continues to make headlines is our housing sector.  Let's look at January through August numbers fo...

Where are the Buyers? As the economic rollercoaster continues to effect all sectors of business across the country, home sellers (and real estate agents) in many areas are left to wonder ‘Where are our buyers?”  We’ve continually touted our area’s stable market and varied pool of buyers, but let’...

The Virginia Association of REALTORS (VAR) recently released a report for the 2nd quarter of 2008 and there is much about it that is interesting and encouraging.  Covering everything form sold homes and pending transactions to the foreclosure trends across the state, the report shows where we wer...

The question I get asked most often has to be, "So how is the market these days?"  Even folks who aren't buying or selling a home want to know.  Why is that?  I believe its becuase the state of any local economy is largely influenced by how well the housing market is fairing.  And remember... all...

“Boy, its really a Buyer’s Market, isn’t it?”  I’ve been hearing this more and more often, and the truth is, it IS a Buyer’s Market.  But if you’re a buyer – or more importantly, a seller – what does that mean for you?Well first, let’s look at a few stats.  In previous articles, we’ve discussed t...

Welcome Spring!  With each passing year, time goes by faster and faster.  We’re almost through our first quarter of 2008, and while our national economy still struggles, our local housing market still holds the promise of a fair year.  While not seeing the kind of volume enjoyed in previous years...