HarrisonburgHousingToday.com :: Market Updates, Analysis and Commentary on Harrisonburg and Rockingham County Real Estatehttp://www.harrisonburghousingtoday.com/blog/index.phpWhat to Expect When You Make an Offer with a Home Sale ContingencyHome Sale Contingency

You might find that you need to sell their current home in order to buy your next one. But you might not want to list your current home for sale until you know you have somewhere to go.

That's where a home sale contingency comes in –– it allows you to make an offer to buy a home only if you're able to sell your current one.

But, as you might imagine (in a relatively competitive Harrisonburg and Rockingham County market) sellers aren't always interested in an offer with a home sale contingency.

Here's a look at five of the ways a seller might respond to your offer with a home sale contingency...

1. The seller might use your offer to spark interest from other buyers.

This seller would receive your offer and then turn around and say "we have an offer" (yours) to other buyers, hoping it motivates a prospective buyer to make an offer without a home sale contingency.

2. The seller might just say no.

Many sellers won't want to wait on your home to sell –– especially if they just listed their home for sale and if they expect strong interest.

3. The seller might say: "Come back once your home is under contract."

In this case, you'd need to decide if you're willing to list your home without knowing if the one you want will still be available once your current home is under contract.

4. The seller might accept your offer, but with a kick–out clause.

A kick–out clause allows a seller to keep marketing their home to other buyers and allows them to accept another offer if you can't remove your contingency in time.

5. The seller might fully accept your offer, without a kick–out clause.

This is rare –– but possible, especially if the home's been on the market for a while.

Whether or not a seller will work with a home sale contingency often depends on how long their home has been on the market, overall market conditions, how appealing your other offer terms are or are not, and the seller's optimism (or pessimism) about when another offer might come along.

If you're in this situation –– wanting to buy but needing to sell –– let's talk through what might make the most sense for you.
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/10/what-to-expect-when-you-make-an-offer-with-a-home-sale-contingency_1760439556/index.php?f=1Tue, 14 Oct 2025 10:59:16 +0000Scott Rogers
Be Careful What You Say During a ShowingWho Is Listening!?

When we walk through a home together during a showing, it's natural –– and often helpful –– to talk through your thoughts and impressions in real time. Processing out loud can often help you figure out what you like and don't like about a house.

But these days, it's wise to assume that someone (the seller) might be listening.

It's increasingly common for homes to have some form of audio or video recording –– whether it's a doorbell camera, a baby monitor, or a full home security system. While sellers are supposed to disclose the existence of an audio or video recording device (and I'll give them the benefit of the doubt and assume that most do) it's not always clear when or where recording is happening. Thus, it's best to assume that all of our comments could be overheard in real time or reviewed later.

Here are a few tips to keep in mind as we go to view houses...

1. Don't say anything that might offend the seller.

Comments about the decor, furniture, or how the home is maintained can easily be taken the wrong way. Even if it's not your style, it's still someone's home.

2. Don't say anything you wouldn't say directly to the seller.

If you wouldn't be comfortable sharing a thought face–to–face with the seller, hold off until we're outside or better yet, until we are driving away.

3. Don't say anything that could compromise our negotiating position.


You probably shouldn't say something like "This is the one!" or "I'd pay full price for this" –– as those could give the seller more information than we would prefer that they have when we are making an offer.

Once we've finished up with the showing and when we are out of range of any devices, we can freely discuss everything –– your thoughts, questions, concerns, and potential next steps. 

The goal is to be able to talk through what you are seeing, and what you think of it –– but we need to make sure to do so in a place and at a time such that it is a conversation just with us –– and not with the seller secretly listening in.
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/10/be-careful-what-you-say-during-a-showing_1760352839/index.php?f=1Mon, 13 Oct 2025 10:53:59 +0000Scott Rogers
Rates Are Lower… Does That Mean I Should Refinance?Refinance?
Enjoy more from Luke this week… on changing mortgage interest rates and what they might mean for you!
Mortgage rates have dropped quite a bit from where they were a few months ago. Not long ago, rates were up around 7%. This week, they're closer to 6.34%.

While that may seem like a subtle drop, if you bought a home when rates were near 7%, you might be wondering when it makes sense to refinance.

Is a drop from 7% to 6.34% enough to make a real difference? Or should you wait for rates to fall even more before making a move?

Let's look at an example to see how this plays out.

Say you bought a $400,000 home and put $80,000 down. That leaves you with a $320,000 mortgage at a 7% fixed rate for 30 years.

Your monthly payment would be about $2,128. Over 30 years, you'd pay roughly $766,000 total, with about $446,000 of that going to interest.

Now, let's say rates drop to 6.34% and you refinance the same loan amount. Your new payment would be about $1,989, saving you around $139 each month.

Over the life of the loan, you'd pay about $716,000 total, with $396,000 in interest. That's about $50,000 less in interest compared to your original loan.

So, how do you know if refinancing is the right move?

Let's walk through another example.

Suppose it costs $5,000 to refinance. How long would it take to make that money back with your $139 monthly savings?

$5,000 divided by $139 is about 36 months, or three years.

That's your break–even point.

If you plan to stay in your home less than three years, refinancing probably doesn't make sense.

If you stay about three years, you'll just about break even.

But if you plan to stay longer, that's when refinancing can really start to save you money.

There's no single rule for when to refinance, and there are other things to think about.

But knowing the numbers can help you make a smart decision. If you're thinking about refinancing, I recommend talking to a lender. If you'd like a referral, just let me know.
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/10/rates-are-lower-does-that-mean-i-should-refinance_1760092311/index.php?f=1Fri, 10 Oct 2025 10:31:51 +0000Scott Rogers
Why Sellers Are Sometimes Quickly Accepting the First Offer They ReceiveAccepting An Offer!

One of the trends I've been noticing more frequently in the Harrisonburg and Rockingham County real estate market over the past few months is that some sellers are accepting offers very quickly –– sometimes not waiting for additional potential offers to show up.

Now, to be clear, not every seller is doing this. Some sellers do choose to wait several days to allow more showings and give other buyers time to submit competing offers. But more and more, I'm seeing sellers take a serious look at that first strong offer that comes in –– and some are choosing to move forward with that first (only) offer rather than waiting for additional offers.

Why would a seller accept an early offer?  There are actually plenty of good reasons why a seller might decide not to wait:

If the terms are favorable, why wait?  A solid offer with strong financing and limited contingencies is hard for many sellers to ignore –– especially if the timing or other terms align with what the seller was hoping for.

Will the next offer really be better?  Sometimes the first offer is the best offer. While it's possible another one might come in, it's not guaranteed, and it might not be any stronger.

Buyers can change their minds.  An excited buyer might write a strong offer in the heat of the moment, but waiting around might lead to hesitation or cold feet. Sellers sometimes prefer to lock in a motivated buyer rather than take that risk.

Of course, unless we're in the room with the seller, we don't know the full story behind why a quick decision was made. But I'm seeing early offers being accepted more often these days.

What does this mean for buyers?

If you're in the market to buy a home right now, this is your heads up –– you can't always count on having a few days to think it over – AND – if you're serious about a new listing, don't hesitate to make an offer quickly. The seller might wait a few days for more offers –– but they might not. And if the right offer is already on the table, they could decide to take it and be done.
    


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/10/why-sellers-are-sometimes-quickly-accepting-the-first-offer-they-receive_1760006045/index.php?f=1Thu, 09 Oct 2025 10:34:05 +0000Scott Rogers
How Price Impacts Buyer Interest, Even in the Same NeighborhoodBuyers Lining Up!

A recent sale in your neighborhood might have caught your attention –– a 2,000 square foot home that was listed for $385,000 and had 15 showings and 10 offers in just a few days.

That kind of activity is exciting to see –– especially if you're planning to sell your home soon.

But what if your home is larger –– say, 2,800 square feet?

It's only natural to assume your house should sell for quite a bit more. After all, you're offering 800 more square feet –– more room to spread out, more value, right?

Maybe.

Certainly, your home should be priced higher than $385K, given the additional space. But the real question becomes... how much higher? And what impact will that higher price point have on how much interest your home receives?

The Temptation to Price High

You might look at the gap in size and reasonably think your home should be priced at $450K or even $485K.

And it's possible that it will sell at one of those price points –– based on square footage, finishes, updates, and other features.

But... it's important to keep in mind that the $385K home likely generated as much interest as it did because of its price point. It was more accessible to a wider pool of buyers, and that price point likely contributed to the high number of showings and offers.

So... if you price your home $65K or $100K higher, should you still expect 15 showings and 10 offers?

More Space, Fewer Buyers?

Maybe your home will still attract a ton of interest –– especially if it's beautifully maintained, has appealing updates, and offers great space. A larger home in the same neighborhood will naturally appeal to buyers who want more room.

But... maybe not.

As your price point increases, the number of buyers qualified (and willing) to buy at that price point tends to decrease. There are simply fewer buyers ready to pay $450K for a house than there are willing to pay $385K.

After all, it's not always just about value, it's also about the affordability (or not) of that monthly mortgage payment.

So, if you're pricing your home based on a recent sale in your neighborhood, especially one that had lots of buyer activity, remember this...

A lower price point often brings a wider audience. As you move higher in price, it's likely that the number of showings and potential offers will decrease –– even if your home is certainly worth more.

The key is to strike the right balance –– price your home so that you're not leaving money on the table, but so that you're still attracting enough buyer interest to generate the number of showings and offers that will result in a successful sale.
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/10/how-price-impacts-buyer-interest-even-in-the-same-neighborhood_1759918970/index.php?f=1Wed, 08 Oct 2025 10:22:50 +0000Scott Rogers
Why We Might Adjust Your List Price Right Before Your Home Hits The MarketNeighborhood Street

When we prepare to list your home for sale, one of the most important steps we will work through together is determining the right list price. To do that, we will look closely at market data –– usually focusing on comparable home sales from the past six months or so.

Let's say we run that market analysis, and the data clearly points to a value of $500K for your home in the current market.  We conclude that your home is almost certainly worth $500K given recently sold homes that are similar to yours in size, location, condition, features, etc.

But then… just before we put your house on the market, something happens that causes us to pause and talk about pricing again.

Here are two events that could take place that would cause us to re–think our pricing...

1.  A very similar home is listed for $540,000 and goes under contract in two days.

2.  A less impressive home is listed for $500,000 and goes under contract in two days.

In either of these cases, it's reasonable to pause and reconsider our prior pricing plans.  It is quite possible that buyers will pay more for your home than we anticipated.

The Value of Recent (and Super Recent) Market Activity

While your original market analysis is still important, a brand–new listing that's under contract in 48 hours can be a very helpful data point. It may be worth considering whether we should adjust our planned list price upwards, even if just a bit, to reflect this most recent activity.

That said, there are two important caveats:

1.  We won't know the final sales price of that new comparable until it closes. It might have gone under contract at full price, above it, or even below ––  but we won't know for sure until that properties makes it to closing.

2.  One data point doesn't make a trend. A single similar listing, even if it seems to point to a wonderful new market trajectory, likely isn't enough to guarantee that we will definitely sell your home at a higher price than our original market analysis indicated. We ought to weigh the new data point alongside other market indicators.

So, What Should We Do?

If there's a gap of time between when we do the initial market analysis and when your home actually goes on the market, we'll want to keep watching for similar homes to hit the market for sale.

We'll be watching for those new listings, their prices, and how quickly they go under contract right up to when we put your house on the market. This will allow us to make a final pricing decision that reflects both the broader market over the past six months and the most recent market activity.


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/10/why-we-might-adjust-your-list-price-right-before-your-home-hits-the-market_1759838881/index.php?f=1Tue, 07 Oct 2025 12:08:01 +0000Scott Rogers
How to Time Your Home Purchase with the End of Your LeaseFirst Time Buying

If you're a first–time buyer currently renting, one of the biggest questions you may be asking is:

"When would I have to start making mortgage payments if I buy a home?"

And more specifically  – "Will I be stuck paying rent and a mortgage at the same time?"

That's a reasonable concern, and it's something many first–time buyers worry about when trying to time a home purchase around the end of a lease. But the good news? Your first mortgage payment probably won't be due as soon as you think.

Let's walk through a sample scenario to better understand the potential timing.

The Scenario: Lease Ends March 31, 2026

Let's say your current lease ends on March 31, 2026, which means your final rent payment is likely due on March 1.

Now let's back up.

If you find a house in mid–December 2025, that might feel a little early… right?

But actually – the timing might work out perfectly!

December 15: Under Contract

If you make an offer and go under contract on December 15, the typical closing timeline is often about 45 to 60 days. Because you want to avoid overlapping rent and mortgage payments, you might choose the longer end of that range, aiming for a February 15 closing date, about 60 days after the contract date.

February 15: Closing Day

When you close on February 15, you'll pay interest for the remainder of February at closing.

But –– and here's the part that surprises many first–time buyers –– your first mortgage payment won't be due until April 1, 2026.

Why? Mortgage Payments Are Paid in Arrears

Unlike rent, which you typically pay before the month begins, mortgage payments are paid after the month is over.

So:
  • Interest for February is paid at closing
  • Interest builds up through March
  • First full mortgage payment is due April 1
That means –– in this scenario –– you'll finish paying rent on March 1 and won't make your first mortgage payment until April 1.

No Overlap, No Double Payments!

So, if your lease ends March 31 and you're thinking about starting your home search in December, you're not too early at all –– you're likely right on track.

Every situation is a little different depending on your lease terms so if you're starting to think about buying a home, let's sit down and:
  • Review the specifics of your lease
  • Explore a few timeline scenarios
  • Talk through what would work best for your situation
Together we can likely come up with a solid plan for timing your purchase to align with your lease ending.
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/10/how-to-time-your-home-purchase-with-the-end-of-your-lease_1759747825/index.php?f=1Mon, 06 Oct 2025 10:50:25 +0000Scott Rogers
Your Rental Strategy Starts With ZoningZoning
Luke is working with a client who is exploring an investment property purchase so he (Luke) took a detailed look at the zoning ordinance.  Enjoy the insights below!  – Scott

If you’re thinking about buying a rental property in Harrisonburg, there are a few zoning questions you’ll want to keep in mind before you start looking at homes.

Zoning in Harrisonburg isn’t just a technical detail. The city’s zoning rules directly affect how you can rent out a property – whether you want to rent to families, students, or short–term guests. Two houses that look almost the same might have very different rental options, just because of their zoning. That’s why it’s important to understand the zoning rules before you buy.

If a House is Zoned R–1, R–2, or R–8

Zoning


The ordinance says:

  • If the owner lives in the house, you can have up to two unrelated tenants.
  • If the owner does not live there, you can rent to one family, two unrelated individuals, or even a family plus one unrelated individual.
What this means for you:
  • If you live in the home, you could buy a 3–bedroom house, live in one room, and rent out the other two bedrooms to roommates.
  • If you don’t live there, you could rent it to a family of three plus one unrelated roommate, or just two friends living together.
  • Best fit: Family rentals, owner–occupied “house hacking,” or small roommate setups. Not ideal if your plan is to maximize per–bedroom rents.
Duplexes

Zoning


If you want a duplex, the zoning ordinance permits them in R–2 and R–8 zones. A duplex simply means there are two separate living units on the same property. Each unit then follows the same occupancy rules as any other home in that zone.

Here’s how the ordinance works in practice:

If you live in one unit:
  • You could rent the other unit to a family, two unrelated individuals, or a family plus one unrelated individual.
  • In your own unit, you could also have up to two unrelated roommates living with you.
If you don’t live there:
  • Each side of the duplex could be rented to a family, two unrelated individuals, or a family plus one unrelated individual.
What this means for you:
  • Example 1: You buy a side–by–side duplex, live in the left unit, rent the right unit to a family of four, and also have two roommates living with you to help cover your mortgage.
  • Example 2: You don’t live in the duplex at all, and instead rent one side to a family, and the other side to two unrelated grad students.
Best fit: Investors who want flexibility – a duplex can generate two separate rental streams, and if you live in one side, you can still “house hack” with roommates. It’s a middle ground between a single–family home and a larger multi–unit property.

If a House is Zoned R–3 or R–4

Zoning

The ordinance says:
  • A property can be occupied by one family OR up to four unrelated individuals total – regardless of whether the owner lives there.
What this means for you:
  • If you don’t live there, you could rent a 4–bedroom house to four unrelated students or young professionals.
  • If you do live there, you count toward the four – so you could live in one room and rent the other three to unrelated tenants.
Best fit: Student rentals or per–bedroom leasing, since these zones are the most flexible for unrelated tenants.

Short–Term Rentals (Airbnb / VRBO)

Harrisonburg distinguishes between Homestays (by right) and Short–Term Rentals (with special approval).

Homestays (By Right):
  • Property must be the operator’s primary residence.
  • Rentals must be less than 30 consecutive nights.
  • Limited to 90 nights per calendar year.
  • Capped at 4 guests at a time.
  • Allowed in single–family, duplex, and townhomes (not apartments).
  • Guests must stay within the main dwelling (not an accessory building).
  • Requires annual registration with the City ($25/year).
  • No off–street parking requirements.
Short–Term Rentals (by Special Use Permit)
  • Property is still the operator’s primary residence.
  • Required if you want to operate beyond homestay limits (e.g., more than 90 nights, more than 4 guests, use of an accessory building, or certain multifamily units).
  • Approval comes from City Council via a Special Use Permit (SUP), which involves public hearings. Approval is not automatic.
  • SUP allows more flexibility, but the City can impose specific conditions (e.g., parking, guest limits).
What this means for you:
  • If you want to dabble in Airbnb while living in your home, a Homestay is the simple path (≤90 nights, ≤4 guests, main dwelling).
  • If you want more flexibility – like more nights, more guests, or to use an accessory building – you’ll need a Special Use Permit from City Council.
Best fit:
  • Homestays: Great for owner–occupants who want to experiment with short–term rentals.
  • SUP STRs: For owner–occupants who want to expand beyond homestay limits, understanding that approval isn’t guaranteed and extra conditions may apply.
Putting It All Together
  • R–1, R–2, R–8 – Best for family rentals, house hacking, or duplexes. Limited flexibility for student–style rentals.
  • R–3, R–4 – Best for per–bedroom or student rentals, since up to four unrelated tenants are allowed.
  • Duplexes – Only permitted in R–2 and R–8, with flexibility whether you live in one side or rent out both.
  • Short–term rentals – Operator–occupied only. Homestays (≤90 nights, ≤4 guests, main dwelling) are simple. Anything beyond that (more nights, more guests, accessory buildings, some multifamily) requires a City Council Special Use Permit.
The Bottom Line

As you can see, zoning in Harrisonburg is complicated. The last thing you’d want to do is buy a property without paying attention to zoning, set it up as an investment, rent it out the wrong way, and realize you’re in violation of the zoning ordinance.

The good news? You don’t have to figure this out on your own. I help investors understand the zoning ordinance, evaluate properties, and pick the right strategy that actually works within the rules.

If you aren’t sure which rental route is best for you – or if you’d like to compare the income potential of different strategies – let’s talk.

Call or text me (Luke) at 540–830–5097 or email me at luke@lukewrogers.com.
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/10/your-rental-strategy-starts-with-zoning_1759487423/index.php?f=1Fri, 03 Oct 2025 10:30:23 +0000Scott Rogers
If You Want to Have Sold Your Home in 2025, Now Is the Time to Start PlanningFall!

Somehow, it's already October. 

Yes, October!?!

While the afternoons still feel like summer, the days and weeks are moving fast – and 2025 will be coming to a close before you know it!  If you're hoping to sell your home this year and close in 2025, it's time to start putting a plan in place.

Let's Look at the Timeline

Even though many homes go under contract quickly, not all do... and even fast–moving listings still take time to get from contract to closing. Most transactions take 30 to 60 days to close once they're under contract.

So, if your goal is to sell your home in 2025, here's a realistic example of how that could play out:

Early October... We meet to discuss timing, pricing, and any prep work you plan to take on before listing our home for sale.

Mid October... Your home goes on the market for sale.

Mid November... You receive and accept an offer.

Mid to Late December... The sale officially closes.

Suddenly, December probably doesn't feel that far away.

Why do we need to be planning now?

Buyers are still active this fall, and with relatively limited inventory on the market (in most price ranges and locations), your home may stand out more now than it might in the spring. But solid preparation might take some time... simplifying, making repairs, taking photos and getting the marketing lined up.

Plus, we'll want to make sure the timeline works with your goals.

So, if you're hoping to have your home sold before the end of the year, we ought to get started soon.  Let's plan to meet in the next week or two so we can talk through the steps and make sure you're set up for a smooth and successful sale.
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/10/if-you-want-to-have-sold-your-home-in--now-is-the-time-to-start-planning_1759405124/index.php?f=1Thu, 02 Oct 2025 11:38:44 +0000Scott Rogers
Mortgage Interest Rates Have, Thankfully, Declined Quite A Bit In 2025Mortgage Interest Rates

Mortgage interest rates peaked in mid January (first red circle above) at an average of 7.04% for a 30 year mortgage.  Since then, they have mostly declined.

Last week (second red circle above) the average 30 year mortgage interest rate was 6.30%.

For much of the past year the median sales price hasn't been climbing very much or very fast... so let's see how a mortgage payment might have differed at the beginning of this year vs. now...

First Time Buyer – $300K purchase – 10% Downpayment

Purchase Price = $300,000
Downpayment = $30,000
Loan Amount = $270,000

Payment @ 7.04% = $2,109
Payment @ 6.30% = $1,976

Savings / Month = $133

Repeat Buyer – $500K purchase – 20% Downpayment

Purchase Price = $500,000
Downpayment = $100,000
Loan Amount = $400,000

Payment @ 7.04% = $3,180
Payment @ 6.30% = $2,984

Savings / Month = $196

So, yes, if you are buying now, you will see somewhat improved ($100 to $200 per month?) mortgage payment compared to what your payments would have been in January.

And, flipping this around a bit, you could also spend the same amount on a mortgage payment as you would have in January and buy a more expensive home.

In January with arbitrary $2,109 / month budget

Purchase Price = $300,000
Downpayment = $30,000
Loan Amount = $270,000
Payment @ 7.04% = $2,109

Now, with arbitrary $2,109 / month budget

Purchase Price = $320,000
Downpayment = $32,000
Loan Amount = $288,000
Payment @ 6.30% = $2,108

Any way you crunch the numbers it seems buyers are winning (more) given current mortgage interest rates being about 0.7% lower now than they were at the start to 2025.

And where might we finish out 2025?  Will mortgage interest rates (for a 30 year mortgage) get all the way down to 6%?
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/10/mortgage-interest-rates-have-thankfully-declined-quite-a-bit-in-_1759317482/index.php?f=1Wed, 01 Oct 2025 11:18:02 +0000Scott Rogers
What Will Buyers Worry About? Let’s Tackle That First.Steep Lot

When we are working to prepare your house to go on the market, it can be easy to focus on the things you love about your house... the sunny living room, the updated kitchen, the backyard that's great for entertaining.

But when buyers walk through your home, they might end up focusing elsewhere: the steep driveway, the small kitchen, the overflowing closet, etc.

So, here's a helpful lens for us to consider...

What are the biggest objections that buyers are likely to have about your house... and how can we present those areas in the best possible light?  Let's take a look at a few common examples.

1. A Steep Lot or Challenging Landscaping

If your home sits on a sloped lot, that might raise questions for some buyers about mowing or maintenance.  As we prepare your house for the market, let's make sure the lawn is freshly mowed and the landscaping is neat and tidy. A well–cared–for exterior helps shift the focus from "this yard and landscaping might be difficult to maintain" to "the outside looks great... let's head inside."

2. A Small Kitchen or Dining Area

A small (cozy?) space doesn't have to feel cramped – but it can feel that way if it's filled with too much furniture or clutter. Let's simplify... removing that extra chair in the corner, clearing the countertops, etc. We want to make the space feel as open, functional, and efficient as possible.

3. A Tight Primary Closet

Storage space is high on the wish list for many buyers... and an overly full closet can make a space feel even smaller. Let's take out some of your clothing and personal items. A closet that's 75% full feels roomy... but one that is 95% to 110% full feels overwhelming.

Bottom line... let's aim to strengthen your home's weakest link.

Buyers will notice the positive attributes of your home – but they'll also notice the weak spots. We should spend our time identifying those potential objections before the house hits the market, and taking steps to make sure those areas show as well as possible.
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/09/what-will-buyers-worry-about-lets-tackle-that-first_1759230957/index.php?f=1Tue, 30 Sep 2025 11:15:57 +0000Scott Rogers
I Like the House... But Not at That PriceMaking An Offer?

It happens more than you might think... we tour a house and find that it works well for you. The layout, location, and overall feel of the house are a good fit.

But... the price is a bit higher than you think is reasonable to pay for this house.

For example, perhaps the house is listed at $420K, and based on other houses we have explored, we conclude that it's worth closer to $400K.

So... what should you do?

Option 1: Make the Reasonable Offer

If $400K seems reasonable to you, let's make that offer – or even a bit lower to leave room for negotiation. 

Option 2: Offer More Than You Think It's Worth

Some buyers do this to avoid missing out – but you might feel like you are overpaying for the house.

Option 3: Don't Make an Offer

If you're confident the home isn't worth the asking price and you're not willing to pay it (or close to it), deciding not to make an offer is okay too.

Generally, I recommend Option 1 –– making the offer that seems reasonable to you.  But before we pursue that path, here's what we should discuss...

Let's say you offer $400K on the $420K home. If someone else buys it for $420K, will I be disappointed I didn't get it?

If no – your $400K offer makes sense.

If yes – maybe $400K is too low, and you care more about getting the house than you realized.

In the end, if you like the house but not the price, make the offer that feels right to you... but let's at least pause to process how you'll feel if you lose the house to another buyer who's willing to pay more.
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/09/i-like-the-house-but-not-at-that-price_1759146533/index.php?f=1Mon, 29 Sep 2025 11:48:53 +0000Scott Rogers
Attached Homes Gaining Ground in Harrisonburg and RockinghamTownhomes
This is a guest post by my son, Luke Rogers, who is also a Realtor with Funkhouser Real Estate Group.  You'll start to hear from Luke from time to time here on HarrisonburgHousingToday.com and you can also learn more about Luke by subscribing to his email newsletter over here or by contacting him by email or phone/text at 540–830–5097.
Over the past five years, there has been a clear shift in the mix of detached versus attached home sales in both Harrisonburg and Rockingham County. Overall market activity has cooled compared to the peaks of 2020 – 2021, and affordability pressures have continued to influence buyer decisions.

At the same time, new construction trends have shaped what is available. In many areas, attached homes (such as townhomes and duplexes) have made up a growing share of what is being built and sold.

The end result: attached homes have gained market share in both Harrisonburg and Rockingham County – though the dynamics differ between the two.

First, Harrisonburg City…

Detached vs. Attached

From 2020 through 2022, detached homes accounted for roughly 56% – 57% of all sales in the City. In 2023, that figure rose to 63%, but so far in 2025 detached and attached homes are evenly split.

Detached vs. Attached

One factor is space. With limited land available for large new subdivisions inside the City, much of the new housing built over the past 15(+) years has been attached – such as the townhomes at The Townes at Bluestone. Combined with higher mortgage rates since 2022, which have made attached homes at lower price points more appealing, it is not surprising that attached homes thus far in 2025 represent around half of City sales.

Now, Rockingham County…

Detached vs. Attached

Detached homes continue to dominate in Rockingham, though their share has declined from 76% in 2020 to 64% in 2025. Attached homes, meanwhile, have grown from 24% to 36% of the market.

Detached vs. Attached

In terms of sales volume, detached home sales peaked at 818 in 2021. However, since then, we have seen that number decline.

Unlike the City, Rockingham County has had ample room for new construction.  Plenty of new detached homes and townhomes have been built over the past five years.  Even so, higher mortgage rates and ongoing price growth have likely made townhomes in these communities especially attractive.

Taken together, these trends highlight how Rockingham’s market has shifted, setting up a contrast with Harrisonburg’s more limited supply.

In summary…

In Harrisonburg, limited space for new construction, combined with affordability challenges and inventory shifts over recent years, has contributed to the higher share of attached sales. 

In Rockingham County, detached homes remain dominant, in part due to the size of the area and the existing number of detached properties. However, attached homes have steadily gained ground as new townhome communities have been built and buyers look for more affordable options.

As mortgage rates and new construction patterns continue to evolve, the question remains: will attached homes keep rising in popularity, or will the pendulum swing back towards detached homes?
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/09/attached-homes-gaining-ground-in-harrisonburg-and-rockingham_1758889964/index.php?f=1Fri, 26 Sep 2025 12:32:44 +0000Scott Rogers
Curious What the Seller Would Accept? Submit a Real OfferMake An Offer!

You see a house listed for $425,000 and wonder... Would they take $395K? Or $385K? Maybe even $375K?

It's a fair question –– but there's usually only one good way to find out: make a written offer.

If the home is newly listed and getting a lot of showings, the seller probably isn't ready to drop the price significantly. But if it's been sitting on the market for 30, 60, or more days, they might be more flexible –– though it's still hard to know how far they'll go.

Buyers are often tempted to say:

"Can you just ask if they'd take $375K?"

or

"Let's float a verbal offer of $375K and see what happens."

But verbal offers usually don't go very far. Sellers –– and their agents –– tend to take written offers much more seriously. A written offer shows you're a real, qualified buyer with all of the terms (price, timing, contingencies) clearly spelled out. When a seller has received that full written offer from you, that's when they are more likely to stop and truly consider it –– and maybe respond with a counteroffer.

So, if you really want to know how far a seller is willing to go on price, the best strategy is to make an actual offer –– in writing.
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/09/curious-what-the-seller-would-accept-submit-a-real-offer_1758800118/index.php?f=1Thu, 25 Sep 2025 11:35:18 +0000Scott Rogers
Neighbors Matter, But They Might ChangeNeighborhoods!

When we're touring homes and you are deciding which one to buy, some aspects of neighboring properties might come into play.

We might tour one home and find that the house next door has an overgrown lawn, barking dogs in the backyard, and a driveway packed with vehicles. That might lead you to feel hesitant about moving forward with an offer, which is completely understandable.

Then, we might tour a second home –– with everything around it looking pristine. Neatly trimmed lawns, no signs of pets, minimal vehicles, etc. All signs point to a well maintained, calm neighborhood feel – and this second house might thus feel like the clear winner.

But it's important to keep in mind that... neighbors can change.

The person who mows twice a week and keeps their flowerbeds immaculate may someday move –– and be replaced by someone who doesn't own a mower. The neighbor with one vehicle may be replaced by someone with multiple driving teenagers and lots of vehicles. And that peaceful, dog–free yard could one day be replaced by multiple dogs who are always so excited to see you, and tell you about that excitement by barking.

In short, while it's very reasonable to consider the condition and attributes of neighboring properties when evaluating a home, it's also worth remembering that those properties might look different in the future –– depending on who lives there.

So what should we do? Do we at the neighboring homes? Yes –– but we'll want to mainly consider how you feel about the home itself. Does it work well for your needs, even if the surrounding neighborhood dynamics shift a bit over time? 
 


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/09/neighbors-matter-but-they-might-change_1758712915/index.php?f=1Wed, 24 Sep 2025 11:21:55 +0000Scott Rogers
How to Keep Repair Requests Reasonable After a Home InspectionInspection Time

When buying a home, the home inspection is a key part of the process as it will help you better understand the condition of the property you are purchasing. But it's important to have reasonable expectations when making a repairs request of the seller.

Sellers should not be expected to bring every detail of their home up to 2025 standards.  

1. Aging Systems That Are Still Working

You might learn that the roof is 20 years old or that the HVAC system is getting towards the end of its expected life. But if those systems are still functioning properly, it's not reasonable to ask the seller to replace them simply because they're old. Many components in a home have long lifespans, and it's expected that buyers will eventually take on some of those replacements during their time in the home.

2. Routine Maintenance Items

Home inspectors often point out routine maintenance items such peeling paint, cracked caulk, weathered deck stain. These items are normal for most homes and typically fall into the category of ongoing upkeep. Buyers shouldn't necessarily expect the seller to complete a list of minor maintenance tasks that are part of typical homeownership responsibilities.

3. Outdated Building Standards

Just because something in the home wouldn't be built the same way today doesn't mean it's incorrect. Building codes change over time. A home built 25 years ago may have less insulation than a new home, or the deck may have smaller support posts than today's standards would require. If the home met code at the time it was built –– and has functioned safely and effectively since that time –– you shouldn't necessarily expect that the seller will upgrade those features to meet current standards.

Be Reasonable with Repair Requests

It's completely appropriate for buyers to request repairs for significant issues that are newly discovered during the inspection –– like a roof leak, active plumbing problem, or electrical safety hazard. But the goal should be to focus on major items, not a punch list of aging but functional systems, routine maintenance, or code updates.
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/09/how-to-keep-repair-requests-reasonable-after-a-home-inspection_1758627157/index.php?f=1Tue, 23 Sep 2025 11:32:37 +0000Scott Rogers
Three Types of Showing Feedback (And What They Really Mean)Processing Feedback

After a buyer views your home, I will be following up with them to ask about how the showing went and to ask if the buyer has continued interest or follow up questions.  This feedback can be valuable – but only if we interpret it correctly. Most showing feedback tends to fall into one of the three categories below, and each will give us a slightly different sense of where that buyer stands in their decision–making process.

1. Not Interested, Thanks

This is the most definitive type of feedback. The buyer has ruled out the house, often for a specific and unchangeable reason –– perhaps the layout doesn't work for them, a room is too small, they'd want to make too many updates, or the price doesn't align with their expectations. While it's always helpful to hear why the buyer is not considering the house any longer –– this buyer is no longer considering the home, and it's very unlikely they'll return to reconsider it.

2. Still Thinking About It

This response often feels hopeful, but sometimes it's not as likely to result in an offer as we might think.  These buyers haven't ruled your house out, but they also haven't been convinced it's the house for them. They may continue to talk it over or compare it to other homes, but in most cases (perhaps 75% or more) they won't circle back with serious interest. That said, they could become re–engaged later, especially if there's a price change or if other options fall through.

3. Active, Tangible Questions

This is the best kind of feedback. This buyer is asking about utility costs, age of the roof, your timeline, or indicating they're talking to their lender – thus they are clearly considering a potential offer. While they still may decide to walk away, these questions show meaningful interest. They're gathering the final details they would need to make an informed decision –– and perhaps, to write an offer.

Understanding the type of feedback we receive can help us stay realistic about whether showing activity is (or is not) likely to translate into an offer.  Every showing will not lead to an offer, but recognizing the difference between polite feedback and true buyer interest can be helpful as we consider our next steps in working towards selling your home.
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/09/three-types-of-showing-feedback-and-what-they-really-mean_1758539082/index.php?f=1Mon, 22 Sep 2025 11:04:42 +0000Scott Rogers
An Early Offer Might Not Be A Full Price OfferOffer Review!

In recent years, when we heard an offer had already been made on a home we were about to tour, we would assume it was full price (or higher), and if it didn't already have an escalation clause, that such a clause would be added if or when a second offer existed.

That assumption made sense in a fast–paced market where homes sold quickly and competition was intense.

But now, things are or might be changing.

The current market is at least somewhat more balanced... in some price ranges. 

Some homes still move quickly, but others sit longer. As a result, early offers aren't always aggressive. In fact, some may come in below list price –– something we wouldn't have imagined just a year or two ago.

This change in the local market matters when you are considering an offer on a new listing.

If you're making an offer after someone else already has made one, we probably will no longer assume that the offer is necessarily a full price offer. It might be, but it also might be an offer for less than the list price, or it might have other offer terms the seller isn't excited about.

This uncertainty should affect how we approach your offer. Instead of automatically offering at or above the list price, or adding aggressive terms, we'll want to take a moment to think about what the property is worth to you, how long it has been on the market, the sales price of similar homes, etc.

In short, the offer the sellers already received might not be as strong as we would have recently assumed it was.

But, yes, some houses will definitely still have early strong offers –– so don't assume that every offer with which you are competing is a less than list price offer either.  

And, yes, some of this is related to how realistic or optimistic a seller's list price was from the start.
  


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/09/an-early-offer-might-not-be-a-full-price-offer_1758278987/index.php?f=1Fri, 19 Sep 2025 10:49:47 +0000Scott Rogers
30 Days, No Offers, What Do We Do Next?Not Sold Yet?

Most sellers hope to receive an offer in the first few weeks that their home is on the market. But if your home hasn't gone under contract after 30 days, it's worth asking: What should we change, if anything?

Here are four options to consider:

Change the Property

Let's review feedback from showings. If buyers are mentioning dated finishes, odors, lighting issues, etc., are there small updates that could help your home show better?

Change the Price

If other similar homes are going under contract and yours isn't, a price adjustment might help attract a wider pool of buyers and generate renewed interest.

Change the Presentation

Are the listing photos showing your home in the best possible light? Is our description of your home emphasizing its strongest selling points?  Is your home visible online and in person? What can we adjust in our marketing strategy to expand the exposure of your home to more buyers?

Wait

Sometimes, it's a matter of timing. New buyers are entering the market every week, so perhaps we wait for additional buyers to be ready to consider your home.  Keep in mind, however, that waiting works best when we have already made any necessary adjustments to the property, price and marketing.

If your home has not sold in 30 days, how will you respond?
   


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/09/-days-no-offers-what-do-we-do-next_1758197383/index.php?f=1Thu, 18 Sep 2025 12:09:43 +0000Scott Rogers
City Offers Downtown Harrisonburg Building, Possibly For Free301 S Main St

301 S Main Street in downtown Harrisonburg is currently owned by the City and offers approximately 5,000 square feet of commercial space – but they'd like to hear about your ideas for how this property should be utilized.

The City will consider purchase offers and proposals for conveyance at no cost...

"The successful Offeror will submit a detailed proposal with a clear vision for the site that demonstrates a high likelihood for successfully developing the property to reflect the highest and best possible use(s) for the space while ensuring the preservation of the historic features of the building to complement and enhance the existing downtown area."

Any proposed sale (gift) must be approved by City Council after a public hearing takes place...

"Prior to final sale or gift, the Harrisonburg City Council will consider the disposition of the property after conducting a public hearing and after mutually agreeing upon terms and conditions of reuse and redevelopment of the property through a negotiated contract with the future owner(s) or tenant(s). Please note that a final sales contract or gift must be approved by a public vote of the Harrisonburg City Council."

Read more about this development opportunity in downtown Harrisonburg here or directly download the details here.
   


Have Any Questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com]]>
http://www.harrisonburghousingtoday.com/blog/archives/2025/09/city-offers-downtown-harrisonburg-building-possibly-for-free_1758114012/index.php?f=1Wed, 17 Sep 2025 13:00:12 +0000Scott Rogers