Will COVID Cause Local Home Prices To Decline?
I still get this question from time to time and my general thought, at this point, is that it is quite unlikely that COVID will cause home prices to decline locally. Home…
If You Have Not Heard, Mortgage Interest Rates Are SUPER Low Right Now
If you had asked me a year ago whether we'd see interest rates get as low as 3% - or lower than 3% - I would have said "no, definitely not, they couldn't get that low!"…
Housing Inventory Levels May Have Peaked For The Year
The number of options that you have today as a buyer (hint = not many) may be the most options you'll have at any given point between now and the end of the year. As…
Price Per Acre of Land Sold in Rockingham County
As shown above, the price per acre of 5 - 10 acre tracts has mostly stayed between $13K and $14K over the past four years, with the exception of last year (2019) when it…
The Floor Plan Or Layout Of Your House Can Make Or Break The Sale
If a buyer is buying over $400K, or even over $300K, the layout of the home becomes very important to them. That is not to say that it is unimportant for a $200K buyer…
How To Run The Numbers On Upgrading To A New Home
If you will be selling your home to buy another, there are a lot of numbers floating around.... what you'll sell for your closing costs when selling your mortgage payoff…
Detect A Leak At Your Water Heater (sump pump, etc) Before It Causes Major Damage
Where is the water heater located in your home? In a closet somewhere? In the basement? Under the stairs? It is likely tucked out of the way, which means that if it…
Preparing To Sell? A Messy (aka normal) House Is Just Fine When We Meet!
So, you're thinking about selling your home? And we're getting ready to meet? I'm swinging by your house tomorrow morning to walk through it together and to talk about…
You Might Not Want To Spend As Much As You Are Qualified To Spend On A Home
Most folks who buy a home this year will not be paying cash. An important early stage of the home buying process is to talk to a lender to become pre-approved for a…
How To Measure The Square Footage Of Your Home
So -- are you trying to figure out the square footage of your home? Here are a few methods that are NOT necessarily going to give you the correct answer.... Check the tax…
Perhaps Unsurprisingly, Most Harrisonburg Short Term Rentals Are Near EMU, Downtown or JMU
View a larger version of the map above as a JPG or PDF. Perhaps it will come as no surprise that most of the short term rentals in the City of Harrisonburg are located…
Why Is This Home Being Sold In AS IS Condition?
Sometimes a seller is stating this as soon as they list a property: All inspections are for informational purposes only. or This house is being sold in "as is" condition…