In most areas of Virginia and the United States, home values have fallen quite dramatically over the past two years.  Why, in Harrisonburg and Rockingham County, haven't we seen a similar decline?  This video explores the reasons why I believe we haven't seen a decline in home values, primarily because of stubborn sellers, the non-effect of foreclosures, and because home prices didn't increase as much here as they did in other areas.

Click here to view the video.