Strong Sales Year for Duplexes, Townhouses, Condos
As shown above, this has been a strong year for "attached home sales" -- which includes duplexes, townhomes and condominiums -- but does not include single family…
Local Home Prices Rise Despite Slightly Slower Sales Pace
Find out more about this new listing in Lakewood Estates shown above by clicking here. I just published my most recent monthly market report, and as usual, you can read…
Who cares if home sales are slowing down
The pace of home sales is down 5% this year as compared to last year. But here's an interesting perspective offered up by one of my clients.... Who cares if home sales…
Townhouses (and duplexes and condos) finally increasing in value
We've been waiting a few years for this. Attached homes -- townhouses, duplexes and condos -- have not seen much of a change in median sales price over the past three…
Low Inventory Levels Lead to Slowing Home Sales in September 2017
Find out more about this beautiful Barrington home shown above here. I just published my most recent monthly market report, and as usual, you can read on for an overview…
5.5% Increase in Year Over Year Median Sales Price
OK -- a slightly complicated headline -- let's break that down.... Looking at home sales over the past 12 months (Sep 2016 - Aug 2017) in Harrisonburg and Rockingham…
Housing Market Slows (but prices rise) in August 2017
Find out more about the home shown above, with detached garage and apartment, here. As Geoffrey Chaucer put it - "all good things must come to an end" -- and August 2017…
This is not a balanced real estate market
Most housing market analysts consider six months of inventory (active listings) to be an indicator of a balanced market (between buyers and sellers). The “BUYERS” trend…
Home Sales Steady, Prices Rising in Harrisonburg Area
The beautiful home shown above is located in Kentshire Estates. Find out more here. July 2017 has come and gone -- and even if the temperatures don't yet feel like August…
Significant Decline in Number of Houses for Sale in the City of Harrisonburg
Are you having difficulty finding a home to purchase in the City of Harrisonburg? You're likely not alone! As shown above, there has been a rather significant decline in…
Home Sales Steady in Harrisonburg, Rockingham County in First Half of 2017
Check out fantastic home for sale on Central Avenue! June 2017 flew by like a blur -- and although home sales were a bit slower than in May 2017 -- nearly all housing…
58% Drop in Under $200K Listing Inventory
One of the most striking changes in inventory levels has been the "under $200K' market, where we have seen a 58% decline in the number of homes for sale. A small part of…