Local market insight since 2007
With some regularity, I'll hear from parents of JMU students who are interested in buying a house in Harrisonburg, near the JMU campus, with the intent of having their…
New condominiums are under construction at Founders Way! These brand new condos are located just minutes from downtown Harrisonburg and offer low maintenance living at…
Is All Showing Feedback Really About Price? Often, yes. My house is needs many cosmetic updates, but all of the potential buyers (who did not make an offer on my house)…
Heritage Estates is an active adult community located in Harrisonburg, Virginia boasting homes with superb French Country architecture with flowing interior floor plans…
In some ways, NO, you should NOT take your house off the market -- because inventory levels are very low. And yet, still, some sellers will still -- quite reasonably…
No, not really. There is not an area wide sale on houses on the day after Thanksgiving. It's a joke. I mean... other than the fact that yes, most houses for sale today…
What are you optimizing for? price? time? convenience? As a home seller, you are always optimizing for something. PRICE - Maybe you are willing to wait as long as it…
Fewer homes on the market means that fewer homes are selling, right? Nope, not necessarily. As you can see above, there have been an average of 38% fewer homes on the…
Usually, things slow down in the winter. Winter of 2017/18... November through February = average of 44 days on market Two Months Before/After = average of 25 days on…
A few short years ago... If you were buying your first home and only had a small (0%, 3.5%, 5%) down payment, a seller wouldn't be too concerned about your high LTV (loan…
What is a Home Warranty? A home warranty one-year service agreement that covers the repair or replacement of many major home system components and appliances that…
Over the past month I have represented multiple buyers who have made offers on homes where they were competing against anywhere from three to seven other buyers. Given…
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