What To Expect For The Second Half Of The Year In Our Local Real Estate Market
I spent some time this past weekend cleaning up my crystal ball - oh wait, no, I was cleaning my garage. My crystal ball is always ready and waiting to convincingly and…
Contracts Shoot Skyward In June, Sort Of Like Fireworks
After three months in a row (March, April, May) of slow contract activity (compared to last year) the pace of contracts being signed shot skyward in June to easily…
Which Terms Are Usually Most Important To Home Sellers When Receiving Multiple Offers?
It's all about money, right? Well - not always. If you are making an offer on a house and you will be competing with other buyers who are also making offers, there is…
Detached Homes Under $250K In The City of Harrisonburg Are A Hot Commodity
If you are selling a detached home in the City of Harrisonburg, priced under $250K, you are likely to have quite a few early showings. If your home is prepared well and…
Rockingham County Approves Stormwater Fee for Properties In Lake Shenandoah Watershed
If you live in (or own property in) the area shown above, you'll have a new tax to pay come December 2020 - a fee that will go towards funding upgrades in the stormwater…
Pace of 2020 Buyer Activity Recovers During June
Remember where we were back at the beginning of June? Home buyer activity was lagging behind in Harrisonburg and Rockingham County -- with 2020 buyer activity (ratified…
How To Make An Offer On Your Dream House
How, you might ask, do we go about getting from the point of wanting to make an offer --- to actually making the offer? Here's a brief overview.... Obtain a pre-approval…
New Home Communities Boost Listing Inventory, Contract Activity, Closed Sales
Inventory levels have been low and getting lower for the past few years - but several new home communities have launched during that time that have provide more options…
Virginia Housing Market Not As Vulnerable As Most
The National Association of Home Builders recently took a look at which states' housing markets were more (and less) vulnerable for a downturn brought on by the COVID-19…
Boom, Just Like That, 2020 Buying Activity Is On Par With 2019 Trend
Buyer activity has been lagging this year -- in fact just a few weeks ago there were 5.5% fewer contracts signed in 2020 as compared to 2019. But, not any longer! As of…
Everybody Refinancing Their Homes Seems To Be Slowing Down The Purchase Mortgage Market
Depending on the details (rate, term, etc.) of your current mortgage it might be a great time to refinance your mortgage. Interest rates are at RECORD low levels…
Having Difficulty Finding Homes Under $200K? Here Is Why!
The blue line shown above is showing you the change in the number of homes for sale under $200K in Harrisonburg and Rockingham County. As you can see, this segment of our…