The Roanoker - March/April 2016 - 14

THE GIST

Has Roanoke Finally Turned
the Corner on Home Sales?
ROANOKE VALLEY HOME SALES, '07-15
VOLUME (IN 000s)

1,080,000
1,040,000

4900

1,000,000

4750

960,000

4600

920,000

4450

880,000

4300

840,000

4150

800,000

4000

760,000

3850

720,000

3700

680,000

3550

640,000

3400

600,000

3250
'07

'08

'09

'10

'11

'12

UNITS SOLD

5050

'13

'14

'15

'07

'08

'09

'10

'11

'12

'13

'14

'15

SOURCE: ROANOKE VALLEY MLS

GOOD NEWS FROM THE 2015
Home Sales Report from the Multiple Listing Service of the Roanoke
Valley: Total home sales reached the
highest number since 2007. Total
annual sales increased almost 15
percent between 2014 and 2015,
and total annual sales for 2015 are
43 percent higher than 2010 when
annual sales were at their lowest.
"We are in a normal real estate
14 | MARCH/APRIL 2016

cycle, and this phase of the cycle
is the upswing," says Donna Harris, president of the Roanoke Valley
Association of Realtors. "According to Harvard, the four phases of
a real estate cycle are recovery, expansion (or what I like to call acceleration, which is where I feel we
are right now), hyper supply and
More
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The Roanoker - March/April 2016

Table of Contents for the Digital Edition of The Roanoker - March/April 2016

Contents
The Roanoker - March/April 2016 - Intro
The Roanoker - March/April 2016 - Cover1
The Roanoker - March/April 2016 - Cover2
The Roanoker - March/April 2016 - 3
The Roanoker - March/April 2016 - Contents
The Roanoker - March/April 2016 - 5
The Roanoker - March/April 2016 - 6
The Roanoker - March/April 2016 - 7
The Roanoker - March/April 2016 - 8
The Roanoker - March/April 2016 - 9
The Roanoker - March/April 2016 - 10
The Roanoker - March/April 2016 - 11
The Roanoker - March/April 2016 - 12
The Roanoker - March/April 2016 - 13
The Roanoker - March/April 2016 - 14
The Roanoker - March/April 2016 - 15
The Roanoker - March/April 2016 - 16
The Roanoker - March/April 2016 - 17
The Roanoker - March/April 2016 - 18
The Roanoker - March/April 2016 - 19
The Roanoker - March/April 2016 - 20
The Roanoker - March/April 2016 - 21
The Roanoker - March/April 2016 - 22
The Roanoker - March/April 2016 - 23
The Roanoker - March/April 2016 - 24
The Roanoker - March/April 2016 - 25
The Roanoker - March/April 2016 - 26
The Roanoker - March/April 2016 - NR1
The Roanoker - March/April 2016 - NR2
The Roanoker - March/April 2016 - NR3
The Roanoker - March/April 2016 - NR4
The Roanoker - March/April 2016 - NR5
The Roanoker - March/April 2016 - NR6
The Roanoker - March/April 2016 - NR7
The Roanoker - March/April 2016 - NR8
The Roanoker - March/April 2016 - NR9
The Roanoker - March/April 2016 - NR10
The Roanoker - March/April 2016 - NR11
The Roanoker - March/April 2016 - NR12
The Roanoker - March/April 2016 - NR13
The Roanoker - March/April 2016 - NR14
The Roanoker - March/April 2016 - NR15
The Roanoker - March/April 2016 - NR16
The Roanoker - March/April 2016 - 27
The Roanoker - March/April 2016 - 28
The Roanoker - March/April 2016 - 29
The Roanoker - March/April 2016 - 30
The Roanoker - March/April 2016 - 31
The Roanoker - March/April 2016 - 32
The Roanoker - March/April 2016 - 33
The Roanoker - March/April 2016 - 34
The Roanoker - March/April 2016 - 35
The Roanoker - March/April 2016 - 36
The Roanoker - March/April 2016 - 37
The Roanoker - March/April 2016 - 38
The Roanoker - March/April 2016 - 39
The Roanoker - March/April 2016 - 40
The Roanoker - March/April 2016 - 41
The Roanoker - March/April 2016 - 42
The Roanoker - March/April 2016 - 43
The Roanoker - March/April 2016 - 44
The Roanoker - March/April 2016 - 45
The Roanoker - March/April 2016 - 46
The Roanoker - March/April 2016 - 47
The Roanoker - March/April 2016 - 48
The Roanoker - March/April 2016 - 49
The Roanoker - March/April 2016 - 50
The Roanoker - March/April 2016 - Cover3
The Roanoker - March/April 2016 - Cover4
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