Virginia home sales surge ahead (+9%) in February 2012
In another sign of potential stabilization of the housing market in Virginia, home sales rose 8.6% in February 2012 as compared to one year prior. This strong increase is…
This Saturday: Harrisonburg's Green Innovations Tour
THIS SATURDAY, enjoy a behind-the-scenes tour of over 15 sites featuring downtown's energy efficient buildings, ongoing historic preservation, local food, and open green…
Local housing inventory hits four year low
Yes, you heard me correctly -- there are fewer homes on the market than we have seen anytime in the past four years. The inventory data above is current as of a few days…
Is an improving housing market good news for everyone?
photo source: erix The local housing market is improving (sales up, prices up) but as someone pointed out to me earlier this week, that's not necessarily good news for…
Home sales and median prices on the rise in Harrisonburg, Rockingham County
Good news! With two months of 2012 under our belts, our local housing market is showing signs of continued stability and growth. Click here to jump to the PDF of the full…
Developers continue campaign to end homelessness amongst local college students
OK, so perhaps homelessness amongst local college students is an imaginary problem --- but if it were an issue, local student housing developers are certainly being VERY…
Mortgage interest rates are on the rise....they are now at a sky high 3.95%
Don't get too worried, interest rates are still incredibly low, and still below 4%. But after four weeks at record lows, the average 30-year mortgage interest rate…
Buyers are BOLD! I think I'm happy to see that!??
Recent negotiations I've been a part of, or have heard about.... SELLER: $299,000 BUYER: $225,000 SELLER: $239,000 BUYER: $215,000 SELLER: $495,000 BUYER: $300,000…
When there aren't sellers in a corner of the market, or there aren't buyers, funny things happen
For every buyer there is a home, and for every home there is a buyer -- right? Well, it doesn't always work out to be so neat and tidy. What happens when there aren't…
Dick's Sporting Goods coming to Harrisonburg, VA?
(photo above is a store opening in Nashville, not Harrisonburg; source) In further (potential) good news for the local economic climate, the Daily News Record reports…
So, I'll have 671 great homes to choose from, right?
With 791 home sales during 2011, and 671 homes on the market, one might assume that there are PLENTY of homes for buyers to choose from, right? That is over 10 months of…
Making Home Affordable
One of my clients will soon be refinancing with their current loan servicer (SunTrust Mortgage) under the HARP program. With the new HARP II guidelines, the first…