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For over 10 years (Feb 2011 - Apr 2022) mortgage interest rates were below 5%. For about 3 years (May 2019 - Mar 2022) mortgage interest rate were below 4%. But since…
If you have own a home... but are ready to buy a new one... sometimes the biggest challenge is figuring out how to buy the next home while selling the current one. This…
It seems likely that would-be home buyers will have more competition from other buyers two months from now compared to today. Here's why... [1] Mortgage interest rates…
Over the past five-ish years we were all living in a world of rapidly rising home prices, a fast moving real estate market and super low mortgage interest rates. Thus, if…
Happy New Year, Friends! I hope your 2023 wrapped up nicely and that you had some time with family and friends over the holidays! I had a wonderful time over the past few…
Between 2015 and 2020 the portion of annual home sales that were new homes ranged from between 10% and 15% per year. But... we started to see the share of new home sales…
The real estate market has been anything but predictable over the past few years, but read on for my predictions for what we'll see in the Harrisonburg and Rockingham…
A few more 2023 home sales might be reported in the HRAR MLS over the next week -- but the total shown above will be relatively close to the total number of home sales…
For whatever reason, the close of one year and the start of a new year cause many of us to pause and reflect on the big picture. What do we hope will remain the same in…
Perhaps it is a result of mortgage interesting rates starting to decline. Perhaps it is a result of what homes happen to be offered for sale right now. Perhaps it is a…
Happy Friday afternoon, Friends! I hope that your week has gone well and that you are looking forward to the next few weeks - presumably with some holiday celebrations…
We'll see where the remainder of December takes things, but mortgage interest rates on 30 year fixed rate mortgages have been dropping steadily for the past four weeks…
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