Year End Report: Home Sales Up 9%, Prices Up 1%
Having closed out 2012, we can say with certainty that the the local housing market has turned the corner, and brighter times are ahead. Home Sales Increased 9% between…
When do the buyers start buying? March? April?
At least last year, they start jumping into the market in good number starting in February! If you are planning to sell this Spring, let's start talking now about…
What Do Declining Inventory Levels Mean?
Two and a half years ago (June 2010) there were an astonishing 1,015 homes on the market in Harrisonburg and Rockingham County – including single family homes, townhomes…
It has been years (at least 5) since we have seen inventory levels this low!
Today (this morning) is likely the low-water mark for the number of houses on the market in Harrisonburg and Rockingham County. But even as some houses start to come back…
Predictions for the 2013 Harrisonburg and Rockingham County Real Estate Market
Last year at this time I predicted we'd see a 5% to 10% increase in single family home sales in 2012. "So, now for predictions for 2012. It's actually a bit more…
The State Of The Massanutten Resort Real Estate Market
As can be seen above, the pace of sales has recovered more quickly at Massanutten Resor than in our overall market. Massanutten Resort sales have increased 55% since…
Foreclosures up a bit in Harrisonburg, Rockingham County
Foreclosures in the Harrisonburg and Rockingham County (shown in red above) are actually up a bit this year after having declined in 2011. In the first 11 months of this…
Local Online Real Estate Resources
See below for a quick re-cap of several local online real estate resources that may be helpful to you as a home buyer, home seller, home owner, investor or developer in…
Local Home Sales Up 10%, Prices (Finally!) Stable
NEWS FLASH --- with 11 precincts now reporting (ok, months) we are ready to predict the outcome of this race (ok, housing market) as a convincing win for homeowners. The…
Are national home prices up for the 8th consecutive year?
I received several e-mails last night from clients who were a bit confused by the story WHSV ran yesterday about the housing market. Here are some clarifications…
Harrisonburg to see 50% growth in next 30 years!?
According to population projections from the Weldon Cooper Center we are will see significant population growth in Harrisonburg and Rockingham County over the next 30…
When do most $300K-$400K homes sell in Harrisonburg, Rockingham County?
It seems (see above) that there are many more $300K-$400K home buyers in the market during the summer months than any other time of year. And before you say this is just…