Funkhouser Report Weekly - June 24, 2020

Interest rates hit another all-time low at 3.13%!  Contracts are increasing throughout the Valley indicating a rebound in closings is on the way!  Although closings are down in some areas of the Shenandoah Valley, we are fairing much better than other areas in Virginia where closings are down nearly 21%.  Overall, we are continuing to experience strong demand for housing throughout the Shenandoah Valley and conditions are favorable for both buyers and sellers.

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Harrisonburg - Rockingham County

Page County

Shenandoah County

Staunton - Waynesboro - Augusta County