Two out of five homes that sell do so within three months
Two out of five homes (39%) sell within the first 90 days that they are on the market. But wait -- that's not to say that they "go under contract" within 90 days -- they…
Pace of 2014 Home Sales Continues To Creep Up On 2013
At the start of this month, home sales for the year were down 7% from last year. July, thus far, has shown further gains --- as this year's pace of home sales is now only…
More buyers are viewing properties this Spring and Summer than were doing so last year
After a slow February, March and April --- as it pertains to showings --- you can see that there have been many more buyers in the market this year during May, June and…
Home values going up despite sales prices going down?
Tracking median sales prices can sometimes be deceiving.... If older homes are selling this year (compared to last) then median sales prices might be dropping even if…
Local Housing Market Heats Up in June 2014
Featured Property: 7894 McGaheysville Road, Penn Laird, VA I just published my monthly report on the Harrisonburg and Rockingham County real estate market and the local…
Predictions for the Harrisonburg Commercial Real Estate Market
This is a good read for those interested in the Harrisonburg commercial real estate market and trends seen recently and that we're likely to see in the future. Thanks…
The pace of high end ($400K+) home sales in Harrisonburg, Rockingham County
I typically break our market down into four price segments when looking at trends in home sales.... Under $200K $200K - $300K $300K - $400K Above $400K The graph above…
Planning your 4th of July in Harrisonburg
Last year, Luke and I started our 4th of July off at the Valley 4th Run. If you don't have plans for the morning of July 4th, join us this year! Here is a re-cap of other…
June Home Sales Preview
June home sales have seemed strong thus far in 2014, but as it turns out, we're right on par with last June -- OK, technically, slightly ahead of last June. Review last…
How many home sales should we expect each year?
It wasn't normal to have 1,600+ home sales per year --- but we did, at the peak of the housing boom. It wasn't normal to have < 800 home sales per year --- but we did, at…
Small May Sales Surge Might Mean Market Still Mostly Stable
Featured Property: 2944 Crystal Spring Lane, Harrisonburg, VA I just published my monthly report on the Harrisonburg and Rockingham County real estate market and things…
Upscale New Townhouses Selling Fast in Blue Stone Hills
Townhouses are selling fast in Section II at The Townes at Bluestone -- with only one townhouse remaining for sale in the first building of townhouses (Lots 94-97) with…