Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Tuesday, May 6, 2025
New Homes!
Harrisonburg and Rockingham County are a popular place to live, work, retire and more... which has lead to steady population group over time. 
 
But when you chat with someone who is planning a move to this area... or who recently moved to this area... there is a good chance they will mention the challenge of finding a home to purchase.

A few dynamics are at play here...

1.  Inflow > Outflow

There are more people trying to move into the Harrisonburg area -- to make it their home -- than there are moving out of this area.  Thus, there is an ever increasing number of people looking for housing.

2.  Current Homeowners Don't Want To Sell

Many homeowners have super low interest rates -- and most bought their homes at lower prices than they would pay if they bought another house today.  Thus, we are seeing fewer current homeowners selling their homes -- which results in fewer options from which home buyers can choose.

Thankfully, newly built homes can help to fill this gap in the local real estate market.

New home communities create opportunities for home buyers to settle down in the Harrisonburg area and have a home of their own.

Stay tuned later this week for more details on several areas where new homes are popping up...