Sales of Building Lots Finally (Slowly) Improving
After a huge spike in sales (408 lot sales in 2004) and in median prices ($99,900 in 2006), the sales of building lots cooled quite a bit between 2004 and 2009. The last…
We are again starting the year with a six month supply of homes for sale, a sign of a balanced market
For the second year in a row we are starting out in January with a six month supply of homes for sale, which is traditionally seen as a sign of a balanced housing market…
Predictions for the 2015 Real Estate Market in Harrisonburg, Rockingham County
Here are my official predictions for the 2015 Harrisonburg and Rockingham County real estate market.... 4% Increase in the Pace of Home Sale (to 1,083 sales) 3% Increase…
Despite overall market improvement, single family home prices shift slightly downward
Despite increases in the number of single family homes selling per year over the past four years (yellow bars above), the median price of single family home sales (blue…
Final 2014 Report Shows 3% More Homes Sold at 2% Higher Prices
I just published my monthly report on the Harrisonburg and Rockingham County real estate market. Jump to the full online market report, or download the PDF, or read on…
Is it worthwhile to have your home on the market over the holidays?
29 sellers in Harrisonburg and Rockingham County would say YES! Many homeowners took their house off the market over the holidays, some of whom will wait until Spring to…
Buying a home in Broadway, VA
Do I sell homes in Broadway, VA? You bet. So, if you are interested in buying a property in Broadway, or selling a property in Broadway, you are welcome to contact me…
Harrisonburg Area Commercial Real Estate Market Overview
Ribbon Cutting at the Harrisonburg Ice House Local commercial real estate agents indicate that the Harrisonburg area market performed well in 2014.... "It was a pretty…
Walmart Neighborhood Market announced at Stoneport
Wal-mart Stores Inc. will be opening up a "neighborhood market" at Stoneport, which is a standalone grocery store concpet that will also feature a drive-thru pharmacy…
Local Unemployment Rate Edges Down Below 5%
The local unemployment rate (Harrisonburg / Rockingham MSA) edged down to 4.8% in October 2014. That shows a slight decline from the several months prior -- as well as an…
Positive Long Term Trends Over The Past Six+ Months
There is a lot going on in the graph above.... This graph shows a rolling 12 months of the number of home sales in the Harrisonburg and Rockingham County area, as well as…
Harrisonburg Area Home Sales Up 2%, Prices Up 1%
Learn more about this month's Featured Property: 3339 Deavers Lane I just published my monthly report on the Harrisonburg and Rockingham County real estate market. Jump…