The Mortgage Rate Lock Is Starting to Soften
Lots of people bought a home or refinanced their mortgage when mortgage interest rates were quite low! Three years ago (in mid 2022) over 60% of mortgage holders had…
You Might Miss Out on a Home by Trying to Negotiate Too Much
In a balanced or slightly competitive real estate market, it can be tempting to try to negotiate a lower price on a home -- especially if it's been on the market for a…
Will Home Prices Spike if Mortgage Rates Drop?
You might be one of many buyers watching interest rates closely. Maybe you're not quite ready to buy yet, but you're hopeful that rates will drop soon, making things a…
The Risk of Hesitating on a House That Has Been Listed for 30 Days
So, you've toured a house that's been on the market for 30 days (or longer), and you like it -- but you're still thinking it over. Maybe you're trying to decide how much…
When Is the Best Time to Sell a Rental Property?
If you own a rental property and are thinking about selling it, you might wonder whether the timing of selling it matters. Can we sell it anytime, or are some times…
Current Inventory Only Tells Part of the Story
If you're just starting the home buying process, it's completely understandable to pull up the list of available homes and immediately feel concerned. You might think……
When (and How) to Use a Home Equity Line of Credit
More from Luke this week... on home equity lines! Enjoy! If you've owned your home for a while, you've probably built up some equity. That's the portion of your home you…
Your Home Isn't Selling, and Nothing Else Is Either. Now What?
It can be frustrating to have your home on the market and not see much (or any) buyer activity -- especially when you've prepped, cleaned, and priced your home…
Slightly Fewer Home Sales, Flat Prices, But an Uptick in Contract Activity
Happy October, Friends! It's my favorite time of year! Cool and crisp mornings and evenings, but warm afternoons. The beautify of trees changing colors - viewed from near…
What to Expect When You Make an Offer with a Home Sale Contingency
You might find that you need to sell their current home in order to buy your next one. But you might not want to list your current home for sale until you know you have…
Why Sellers Are Sometimes Quickly Accepting the First Offer They Receive
One of the trends I've been noticing more frequently in the Harrisonburg and Rockingham County real estate market over the past few months is that some sellers are…
Why We Might Adjust Your List Price Right Before Your Home Hits The Market
When we prepare to list your home for sale, one of the most important steps we will work through together is determining the right list price. To do that, we will look…