The Associate Press (AP) story below ran a few weeks ago in the Daily News Record.  AP stories often don't reflect market realities here in Harrisonburg and Rockingham County, so I must admit I didn't really believe it to be true in our local area.



This headline came to mind again, however, when I was analyzing the 47 properties to go under contract in Harrisonburg and Rockingham County thus far in 2011.  Each statistic below speaks to the types of properties that are actually selling these days, and the types of buyers that are actually buying.

Of the 47 properties that have gone under contract thus far in 2011....