Even with a great list price, we still need a buyer
Some houses will sell quickly, even in a buyers market. As per the above article, these houses sell quickly because they are in under-supplied segments of the market…
Was the federal home buyer tax credit worthwhile?
I suppose it was helpful from a very short-term perspective --- it gave the market a boost between 2009-Q3 and 2010-Q2. But those artificially elevated sales levels…
Housing markets are improving all across Virginia!
From the Virginia Association of Realtors, Pace and price of home sales increase in Virginia during Q1 2012. Read on.... The First Quarter 2012 Virginia Home Sales Report…
How to sell your house in a buyer's market
Some would say for every buyer there is a house, and for every house there is a buyer. That doesn't really apply in a buyer's market. When there are more sellers in the…
When selling your home, be aware of these two sets of buyers
In talking to several potential clients this past week, I have explained that there are two sets of buyers we need to consider when preparing to list, market and sell…
Caffeine-inspired readers solve mystery of Harrisonburg's temporary surge in single family homes values
Wow, there were a lot of great proposed explanations for why Harrisonburg single family homes saw an increase in value (median sales price) between 2009 and 2012. Thanks…
Real Estate Tax Analysis in Harrisonburg and Rockingham County
The City of Harrisonburg is considering increasing the real estate tax rate from $0.59 per $100 of assessed value to $0.63 per $100 of assessed value. Rockingham County…
March 2012 shows a SURGE of buyers in the market!
One factor that is helping our housing market to show continued signs of improvements (in the pace of sales) is that we continue to see strong levels of buyer activity in…
Harrisonburg housing market shows continued signs of improvement in March 2012
Harrisonburg and Rockingham County home sales were at a four year high during March 2012, and for the entire first quarter of 2012. Click here to jump to the PDF of the…
The right kind of house will sell quickly, even in today's buyers market
Two of the houses that I have recently listed sold in less than one week. How, you might ask, was this accomplished with such an expedient time table? Certainly, pricing…
Yes, this is a buyers market, but you still will not be able to steal a house.
I certainly think buyers should be able to get a good deal on a house in the current market -- after all, there are more sellers than buyers in the market. And maybe…
Is CarMax coming to Harrisonburg, VA? $2.9M says yes.
As more (potential) good news for our growing local job market, it looks like CarMax may be opening in Harrisonburg sometime in the near future. From the record of…