Funkhouser Report Weekly - July 23, 2020

While mortgage rates ticked up this week just above 3%, mortgage applications continue to outpace last year!  Each market across the Shenandoah Valley is experiencing a different story.  Inventory is up in Harrisonburg & Rockingham County as other areas continue to see a large drop from last year.  Closings are up in the northern part of the Valley and falling behind in the southern markets.  

There are great opportunities in today's market for both buyers and sellers.  It it important to discuss your particular situation with a qualified professional.  Contact us today to connect you with a REALTOR who knows your neighborhood!

Harrisonburg - Rockingham County

Page County

Shenandoah County

Staunton - Waynesboro - Augusta County