[VIDEO] Overview of July 2013 Real Estate Market Report
Earlier this week I released my July 2013 report on our local housing market. The video above provides an overview of some of the main news surrounding this most recent…
Local Home Sales Up 22% Year To Date
I have just released my July 2013 monthly market report covering the Harrisonburg and Rockingham County housing market. Click here to download the full report as a PDF…
Three Points To Consider When Selling A Home
Put Focus On Price, Condition, Marketing In Coming Months There have been many signs of recovery in our local housingmarket over the past year --- an increasing sales…
If you want your home to sell faster, you may need to reduce the price
In selling most homes, there are four factors at play: Price Condition Marketing Time If the condition of your house is as good as it could possibly be, and the marketing…
2012 was not the year to (try to) sell an expensive home
Last year was the worst year in the last 10 years to try to sell a home for more than $600K in Harrisonburg and Rockingham County. This year is shaping up quite nicely…
Foreclosures slowing in Harrisonburg, Rockingham County
Based on Jan 1 - May 31 data (78 recorded Trustee Sales) the foreclosure rate seems to be slowing in Harrisonburg and Rockingham County. This is good news for the local…
June 2013 Local Housing Market Report: Sales Increasing, Prices Stable.
I have just released my June 2013 monthly market report covering the Harrisonburg and Rockingham County housing market. Click here to download the full report as a PDF…
Lots (lots!) of contracts signed thus far in May 2013
If the first 28 days of May are any indication, our local housing market will be setting new records this month. There have already been 125 contracts signed on…
Recovery of the high end housing market?
The bottom dropped out of the high end housing market ($600K+) last year in Harrisonburg and Rockingham County. After 7+ sales every year between 2004 and 2011 (and as…
Since the housing market is improving, will my home value finally start to increase?
As stated yesterday, even though sales are up, prices are not yet increasing. So what can we expect of home prices over the next five years? I believe we will start to…
Sales Up, Inventory Down, Prices Stable in Harrisonburg, Rockingham County
As several of you pointed out, last week's sales and inventory graph was missing the trendline for price. So, here (above) is the updated graph. As you can see, over the…
Long term trends in sales and inventory levels
Another look at sales and inventory trends over the past four years.... We're in a good place now --- fewer and fewer homes for sale combined with more and more home…