We are proud to present you with this synopsis of the national, regional, and localized trends that matter most, found here in our Shenandoah Valley 2023 Annual Report. In 2023, the real estate market in the Shenandoah Valley was influenced by broader economic conditions, particularly the upward trajectory of mortgage rates as the Federal Reserve…
Welcome to the Shenandoah Valley 2023 Mid-Year Report. Despite higher interest rates, buyer demand has remained strong. Low inventory levels continue to create a competitive environment, leading to quick sales and a median days on market of only 7 days. The median sales price for homes in the area stands at $312,750, indicating a healthy…
We are proud to present you with this synopsis of the national, regional, and localized trends that matter most to you, found here in our Shenandoah Valley_2022 Annual Report. MARKET OUTLOOK – NATIONAL LEVEL With our Nest Annual Report, we aim to provide the most useful information possible, as every homeowner needs to keep tabs…
In the palm of your hands, or on the screen of your favorite device, you may be holding one of our Nest Realty Real Estate Market Reports. We pour over mounds of data, both nationally and locally to bring you, our clients, the most useful information. But what do these numbers actually represent and how…
Welcome to the Shenandoah Valley 2022 Mid-Year Report. We wish we could transact real estate with a crystal ball, but because we can’t, we work diligently all year long to understand the data and the nuances of our market. Locally, as is the case nationwide, we are still experiencing a shortage of homes, despite mortgage…
Welcome to the 2021 Shenandoah Valley Annual Report. At the start of every year, we pore through sales charts, look back at our goals, and check how we’ve done on our predictions for the past year. We do our best to prepare our agents for the new year. With that, we present you with this…
It’s no secret that at Nest Realty, we dig data. So much that we’ve pored through market and real estate numbers for the year thus far to pull out and share bite-sized data points with you. In this 2021 Shenandoah Valley Mid-Year Market Report, we present a snapshot of current conditions. We focus on local…
2020 was a year unlike any other. Though the year was filled with unprecedented tragedy, trials, and tribulations, there were moments of joy worth celebrating—new babies were born, a record number of dogs were adopted, and many experienced the undeniable joy of purchasing a new home. With a sense of gratitude and optimism, we offer…
When Will the Housing Crisis End? Mike Simonsen, with Altos Research, joined us for the second time on Nest’s podcast, Sweat the Details, to discuss the housing crisis, the state of the market, interest rates, and data points that may signal the market cool down. We even touch on a housing policy that may address…
How’s the market? When the shutdown started, we were unsure how the market would react. Demand exceeded supply going into the pandemic. During the pandemic, demand continued to outpace supply, causing the Median Sales Price to rise in the Greater Shenandoah Valley and Days on Market to decrease. Additionally, the sold-to-list ratio increased from 98%…