Eureka! Median Days on Market more insightful than Average
The health of our local housing market has improved over the past year, but the one metric that has continued to appear quite depressing has been "Average Days on Market"…
New Listings in Harrisonburg, Rockingham County
Now you can browse the last 14 days of new listings in Harrisonburg and Rockingham County via NewListingsInHarrisonburg.com. Feel free to bookmark this new site, and…
How negotiable are bank owned (REO) list prices?
As you'll note, above, banks aren't that much more flexible on price than the average seller on the market. That said, their list prices are oftentimes more compelling…
Local Housing Markets Regain Strength and Stability in 2012
My recap of our local housing market, and some predictions, as published this week in the Shenandoah Valley Business Journal.... It was certainly an exciting time for…
Google Street View GREATLY expanded in Harrisonburg
Almost four years ago, I mentioned that you could drive virtually through most of Harrisonburg using Google Street View, with the big disclaimer that the data was…
HarrisonburgTownhouses.com updated with 2012 sales data
Wondering about property values in your townhouse community? Or considering purchasing an investment property? Whatever the reason for your interest in townhouses in…
Secret Listings in Harrisonburg, Rockingham County
There are three Multiple Listing Services (MLS's) where a Harrisonburg or Rockingham County property might be listed for sale.... Harrisonburg-Rockingham Association of…
If you are thinking you might sell your home this year, I would be happy to give you an idea about selling prices, so you can decide if 2013 is the year to proceed.
You might think that you need to make the decision that you are going to sell before you get in touch with me to start talking about starting the selling process. Not so!…
If you were waiting for the bottom of the market, this is it.
After five years of declining sales (2005-2010) the pace of single family home sales finally increased in 2011. After five years of declining sales prices (2006-2011) the…
Impact of local foreclosures is low compared to many other parts of the country, but still higher than historical norms
The Harrisonburg and Rockingham County area sees fewer foreclosures than many other areas of the country, but we too saw an increase in completed foreclosures over the…
Townhouse sales pick up pace, prices still declining
After a massive decline in townhouse sales (644 sales in 2005 down to only 168 sales in 2011) the pace of townhouse sales finally increased (+32%) in 2012. Despite more…
Housing supply suddenly nearing healthy levels!
"Housing Supply" is usually a comparison of how many buyers are in the market to buy as it relates to the number of sellers in the market to sell. Consider these two…