real estate news
for the Shenandoah Valley of Virginia
The spring market is on the way! We have heard from the top real estate economists that our traditional spring market activity would be pushed back to the summer due to the pandemic. We are now seeing indicators of that through the mortgage purchase application index. This week's index hit 322.5, the highest it has been since January of 2008! This is great news showing upcoming purchaser activity.
Download This Week's Report (pdf)