Get ready for the bad news…. The National Association of Homebuilders (NAHB) said in an article published 8/26/2022 “With many households priced out of the for-sale market, existing home sales, new-home sales, single-family permits, and single-family starts have experienced significant year-over-year declines, deepening the ongoing housing recession, says NAHB chief economist Rob Dietz.” Read the … Continued
Relocation is a complicated exercise in coordination. We have local home sellers calling us and submitting their home info on our website every week saying “I’m relocating and need to sell my house in The Roanoke Valley“. So if you are relocating and need to sell your house in Roanoke , the great news is that … Continued
ANNUAL SALES – HIGHEST IN ROANOKE VALLEY HISTORY – Chart below illustrates annual home sales for each year from 2001 to 2020 – Average annual home sales during those 20 years equals 4,888 homes/year – 2020 sales (6,517) are the highest on record for The Roanoke Valley – 2020 sales (6,517) higher by 1,629 homes (33.3% … Continued
Roanoke Valley Market Snapshot Q3 2020By: Patrick Wilkinson Posted 10/12/2020 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 in (record … Continued
Your neighbors can make or break your living situation. When shopping for a new home, you’ll want to consider who is living around you. In this post, we’ll help you find the neighborhood in The Roanoke Valley that’s right for you, as well as offer some tips on handling neighbors that aren’t so favorable! Before you … Continued
I WAS WRONG… THE NEWS IS ACTUALLY VERY GOOD!
Roanoke Valley Market Snapshot Q1 2020 By: Patrick Wilkinson Posted 4/6/2020 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 in … Continued
Is It Luck? Happy Saint Patrick’s Day! Do you wonder why some people have all the luck? It is important to focus on the “Pursuit” part of “Life, Liberty, and the Pursuit of Happiness” from the United States Declaration of Independence. Here at LivingInRoanoke.com, we believe in “wake-up-at-5-am-exercise-pray-eat-right-follow-up-on-every-lead-help-every-client-do-better-every-day-LUCK” Have a great day! If you need … Continued
Housing Starts Boom 2019 National Housing Starts, one of the greatest predictors of future housing growth, just shot up 16.9% above the November 2019 estimate. According to the Census Bureau’s release on 1/17/2020, “Privately-owned housing starts in December were at a seasonally adjusted annual rate of 1,608,000. This is 16.9 percent (+/-12.8 percent) above the … Continued
2019 Annual Roanoke Valley Market Snapshot By: Patrick Wilkinson Posted 1/13/2020 BRACE YOURSELVES! 2020 may become the Roanoke Valley’s most record-setting year in history. Healthy 2019 home sales in the Roanoke Valley were 4.4% higher than in 2018, and the highest number sold since 2005. But in the run up to 2005 the high volume … Continued
Q4 2019 Roanoke Valley Market Snapshot By: Patrick Wilkinson Posted 1/13/2019 Welcome to LivingInRoanoke.com’s Q4 2019 Roanoke Valley Market Snapshot Annual 2019 sales of residential homes in the Roanoke Valley were 4.4% higher than 2018, and the best we have seen since 2005! Below you’ll see how sales fared in the 4th quarter of 2019. … Continued
2020 The Best Year The U.S. economy is incredible: High home-builder confidence New Home Sales Low unemployment rate Enormous Retail sales 2020 is shaping up to be possibly the best year The Blue Ridge Region has seen in 50 years. (Go ahead, click on any of these links. It’s all true!) The numbers in the … Continued
Ho Hum, Home Starts Spike In October Important For The Economy In his most recent article, Economist Jon Barsanti Jr., states “New home construction is important for the economy. New Home construction creates jobs and retail sales. New homes need new furniture, new appliances, and sometimes new cars for the garage.” Barsanti goes on to … Continued