Local market insight since 2007
OK -- given a tiny data set (7 home sales) this **could** be a data anomaly. But I think it's still worth noting... Last year, of all of the (seven) buyers who contracted…
So -- who's to blame for the slow real estate market in the Winter? This year? And every year? Ever!? It's the Buyers!!!! Sellers would list their homes for sale if…
Unique properties can sell practically overnight -- or can languish on for months and even years. What makes the difference? Whether the buyer or the seller is the needle…
"We need more affordable housing in our area." I hear it regularly, and perhaps you do as well. But I think it's worth pointing out that when people say this they might…
view larger image view larger image view larger image Sometimes it seems CRAZY how much NEW, NICE, EXPENSIVE student housing is being built in Harrisonburg - and now even…
Which one of the values above is the "market value" of the imaginary home in question? The answer is -- the GREEN bar -- a home's value is most often determined by how…
When will we see buyers? A short answer -- now, or very, very soon! The graph above shows the average number of buyers per month over the past five years. As you can see…
Do I spend hours and hours fine tuning the 600 characters of text that can be used to describe your home in the MLS and on public websites? No, probably not hours and…
I looked back further, and further, and further, and could not find ANY time in the past 10 years when there have been fewer houses listed for sale than there are RIGHT…
If you're looking to buy a house this Spring or Summer -- but -- you own your current home -- this morning's ramblings are for you... Selling (for some houses, in some…
view larger image The owner of two parcels on Lucy Drive applied for a rezoning in mid-2018 to allow for a mixed use development that was to include (4) three to four…
Sometimes, these days, sellers are seeing more than one offer coming in at the same time on their home. Not always, mind you, just sometimes. All people in Harrisonburg…
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