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Housing Market Rise Coming In 2020   Great News In a recent article from TransUnion (Chicago, 10/29/19), the headline reads “Housing Market to Receive Boost as Number of First-time Homebuyers Expected to Rise.” According to Joe Mellman, senior vice president and mortgage business leader at TransUnion. “… we may be starting to see daylight as … Continued

Keep Rent or Sell : What Seniors Can Do With Their Old Homes By Jim Vogel, Elderaction.org  11/7/2019 Seniors face an interesting dilemma when they’re forced to leave their home. Whether moving for practical reasons, health concerns, or monetary purposes, seniors have to decide what to do with their old properties. This isn’t an easy … Continued

Roanoke Valley Market Snapshot Q3 – 2019 By: Patrick Wilkinson Posted 10/3/2019 (UPDATED 10/14/19) Welcome to LivingInRoanoke.com’s Market Snapshot! You are very special to me, so please enjoy… Here you’ll find in-depth analysis, graphs and data, of residential real estate sales for the Roanoke Valley of Virginia based on data from RVAR. Be sure to … Continued

Pending Home Sales Grow In August 2019 Great News! Pending Home Sales Grow In August 2019 according to NAR… “The Pending Home Sales Index (PHSI),* www.nar.realtor/pending-home-sales, a forward-looking indicator based on contract signings, climbed 1.6% to 107.3 in August, reversing the prior month’s decrease. Year-over-year contract signings jumped 2.5%. An index of 100 is equal … Continued

What Happened To The Baby Boomers? You have read about them being born during the post WWII years. You may know one at work between the ages of 55 and 73. You may have one living down the street from you. You may have one in your own family. There may be one sitting in … Continued

New Home Construction Is Up In 2019 The latest U.S. Census Bureau report shows new home construction is up in 2019, according to their report on monthly new residential construction, July 2019 (published August 16, 2019). The three areas of significance are Building Permits, Housing Starts, and Housing Completions. Building Permits in July of 2019 … Continued

Roanoke Valley Market Snapshot Q2 – 2019 By: Patrick Wilkinson Posted 7/9/2019 Welcome to LivingInRoanoke.com’s Market Snapshot! You are very special to me, so please enjoy… Here you’ll find in-depth analysis, graphs and data, of residential real estate sales for the Roanoke Valley of Virginia based on data from RVAR. Be sure to see trends … Continued

Roanoke Valley Market Snapshot Q1 – 2019 By: Patrick Wilkinson Posted 4/2/2019 Welcome to LivingInRoanoke.com’s Market Snapshot! You are very special to us, so please enjoy… Here you’ll find in-depth analysis, but easy to digest graphs, of residential real estate sales for the Roanoke Valley of Virginia based on data from RVAR. Be sure to … Continued

2019 The Year Ahead In Roanoke Valley Real Estate By: Patrick Wilkinson Posted 1/27/2019 It’s a brand new year and we are all looking forward to 2019 The Year Ahead In Roanoke Valley Real Estate. The following will give you a taste of what’s to come in the housing industry, and a quick peek back … Continued

September 2018 Pending Home Sales Increase According to an October 25, 2018 article by the NATIONAL ASSOCIATION OF REALTORS®.(click here to see article) “Pending home sales rose slightly in September”. “The Pending Home Sales Index, www.nar.realtor/pending-home-sales, a forward-looking indicator based on contract signings, increased 0.5 percent to 104.6 in September from 104.1 in August.” In the region the … Continued

National Existing-Home Sales Numbers – September 2018 While Roanoke Valley home sales ramped-up for the 3rd Quarter in 2018 (click to see article), the national numbers appear to have fallen from August to September according to an article by the NATIONAL ASSOCIATION OF REALTORS®. (click to see article) “WASHINGTON (October 19, 2018) – Existing-home sales declined in … Continued

Roanoke Valley Market Snapshot Q3 – 2018 By: Patrick Wilkinson Posted 10/4/2018 Welcome to LivingInRoanoke.com Market Snapshot! You are very special to us, so please enjoy… Here you’ll find in-depth analysis, but easy to digest graphs, of residential real estate sales for the Roanoke Valley of Virginia based on data from RVAR. Be sure to … Continued

Spectacular Stretch Of Solid Job Gains Some financial and housing experts are indicating that the U.S. housing market will continue to show strength due to the robust jobs growth. Sam Khater, Freddie Mac’s chief economist, says “Overall, this spectacular stretch of solid job gains and low unemployment should help keep homebuyer interest elevated.” Khater goes … Continued