The Morning Brew on whether the housing market will crash like it did in 2008
Do you read the Morning Brew? It's a daily email with top new stories in a format that is enjoyable to read. Subscribe here if you are interested. Here's an excerpt from…
Buying vs Building When Hit With Low Inventory AND High Building Costs
An age-old question is whether to buy a re-sale home or build a new home, especially as your price range gets above $400K or $500K. Typically, the tension between buying…
30 Year Mortgage Interest Rates Drop Below Three Percent Again
Mortgage interest rates started out at 2.65% this January and kept on rising -- all the way up to 3.18% on April 1st. But, then, they started declining again. Interest…
34 Single Family Home and Duplex Lots Planned At Highview Estates, Just North of Harrisonburg City Line
view a larger map here Per recent versions of the Rockingham County Planning Commission meeting packets, a new development is being planned for Route 42 North -- just…
29 More Townhouses Likely Coming To Vine Street
view a larger map here The Harrisonburg Planning Commission recommended the approval of the rezoning of a 2.25 acre parcel on Vine Street to allow for 29 townhouses to be…
New Residential Developments In Harrisonburg, Rockingham County
As I hear about new developments being planned or proposed or approved, I'll add them to the list below. What am I missing or forgetting? CITY OF HARRISONBURG - PLANNED /…
54,270 SF of Self Storage Planned For Stone Spring Road
view a larger version of this map here Is there a shortage of available storage units? Later this month the Rockingham County Board of Supervisors will consider a…
Finding Gray Areas In Inspection and Appraisal Contingencies
It's a crazy market right now. There are definitely many more buyers than sellers in most segments of our local housing market. As such, buyers are having to make…
Home Sales Soar In First Quarter of 2021 in Harrisonburg, Rockingham County
Happy not-really-tax-day, friends! (taxes are due May 17 this year) What a wild first three months of the year it has been thus far in the Harrisonburg and Rockingham…
Home Values Might Escalate Even More Quickly If Homes Closed In Five Days Instead Of 45 Days
Have you heard that home prices are on the rise? :-) It usually takes about 45 days for a contract to get to closing -- and if this time frame weren't so long, prices…
Should You Waive An Inspection Contingency?
Many buyers in many price ranges are finding it difficult to compete against SOOO many other buyers making offers on a house. They are left asking themselves how to make…
Is The Local Real Estate Market Frothy?
One of my colleagues has asked me several times in recent months if it seems like our local real estate market is getting frothy. I have said yes, but without a full…