Category: Nest Reports

Quarterly reports on the state of the New River Valley real estate market including data and analysis.

Nest Report 2Q 2013

The Nest Report for the second quarter of 2013 is now available! Highlights include: Q2 sales are the highest they’ve been since 2008 an increase in median sale prices of 10.46% Prefer a PDF of the report? Here you go! All things considered we’re moving in the right direction, but there is always still work to be done. Interest rates are one piece of the puzzle, but expect to see those continue to rise; despite that increase, we’re anticipating we’ll see a relatively stable market through most product types for the foreseeable future. Want to receive this report by mail? Email …

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The 2012 New River Valley Real Estate Market

Breathe. We’re not calling the end of any real estate troubles here in the New River Valley, but we’re continuing to see the trends we want to see that indicate a healthier real estate market. Slow and steady has been the mantra for some time now, and we will continue that into 2013. But after a year of studying the numbers here in the NRV, we think real estate is poised to do some positive things. Consider that for the year, we saw a: 4.38% increase in median sales prices 19.10% decrease in year-end months of inventory (and down 38% from …

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