Local Housing Market Shows Signs of Strength in First Half 2012
Halfway through 2012, the Harrisonburg and Rockingham County housing market is showing signs of returning stability and strength. As shown in the accompanying graph, the…
Which seller do YOU want to be?
Believe me -- there are an abundance of both types of sellers in the current market. Keep in mind, of course, that all sellers who don't sell in the first 90 days are not…
Researching townhouses in Harrisonburg? Visit HarrisonburgTownhouses.com
I have just updated the market data and other information on HarrisonburgTownhouses.com --- your all encompassing resource for finding out about townhouses in the…
Preliminary Report: July was a great month for home sales
Stay tuned for my monthly market report 7-10 days from now. Until then, get excited, as preliminary data indicates that July 2012 was a GREAT month for home sales. July…
The market seems to be improving, should I sell now?
Keep waiting. The pace of home sales has increased (not shown), and the median price of single family homes has increased (shown above), but it is still not a great time…
Check out these apps if you're in the market for a home!
If you're in the market to buy a home, and you have an iPhone or Android phone, you might consider some of these apps profiled by Fox Business.... Ten Apps Every…
How did the first half of 2012 compare to previous years?
Things to note.... This year (2012) is showing an improvement (+5%) over last year. The spike in 2010 was related to the federal home buyer tax credit. We are unlikely to…
To rent, or to buy a Harrisonburg townhouse
In meeting with a potential buyer of a City townhouse yesterday, we found ourselves comparing the opportunities in buying versus renting. RENT = $900/m. There are…
Apartment vacancy rates (nationally) hit new 10-year low
Per Calculated Risk, REIS is reporting the lowest apartment vacancy rates in 10 years. The REIS metric is just based on large cities, but this is an overall trend being…
Six months into 2012, local housing market shows signs of steady improvement
BREAKING NEWS -- six months into 2012, home sales are up, prices are up, inventory is down, and mortgage interest rates are down! All of this spells good news for the…
Preliminary reports show positive trends in local housing market
PACE OF HOME SALES UP 3% Home Sales in First Half 2011: 366 Home Sales in First Half 2012: 377 (up 3%) MEDIAN SALES PRICE UP 4% Median Sales Price in First Half 2011…
Local housing inventory bucks historical trend
Summer is not quite over yet (100 degrees today, I hear) --- but the local housing market is already showing some signs of fall --- and that's a good thing! Typically our…