Home Sales Strong Despite (or because of) Price Declines
March 2011 home sales show plenty of positive indicators, though the local market is still a ways off from a full recovery. After mediocre performance in January and…
Are Realtors Too Optimistic?
I have been cautiously optimistic about the real estate market improving for almost four years now. Each year, instead of improving, the market declined. So -- would you…
How Do Virginians Heat Their Homes?
Have you ever wondered how Virginians heat their homes? The Market Leaders Over Time: Coal......Oil......Electric And for the graphically inclined.... Source: U.S. Census
There Are Buyers Waiting In The Wings
I recently listed a home in Barrington that, in the first month, had multiple showings and two offers. One of the offers was accepted, and the property will be under…
Fortune Magazine: It Is Time To Buy Real Estate Again
Fortune Magazine makes some bold predictions after LOTS of detailed analysis.... Click on the image above (or here) for a PDF of the entire article, which deserves a…
March 2011 Home Sales Set New Record
Bill Meadows, a new resident of Dayton, Virginia, holds a distinct honor -- he was the only person to buy a home anywhere in Harrisonburg or Rockingham County during…
This Home Is Priced To Sell...
I often chuckle when I see "Priced To Sell" in the description of a property in the MLS. This is funny to me because in theory you should be able to adjust the price…
Harrisonburg and Rockingham County Have Low Foreclosure Rates
Over at Patchwork Nation, you can create maps to show all sorts of data, including these below that examine foreclosure rates as of January 2011.... The states that…
Is It Easy To Get A Mortgage?
Three times in the past three weeks I have been in real estate related meetings when someone asked “So, how much do you have to put down on a mortgage these days, twenty…
What can Google tell us about the real estate market?
Apparently web searchers are a bit pessimistic (or realistic?) about the real estate market.... Google auto-complete suggests completing the query "why is the real estate…
What Portion Of Homes For Sale Are Under Contract?
Contracts have been strong over the past several months, but what has been going under contract? By the numbers, the following is the break down of the properties…
Updates on Preston Lake Subdivision
If the development of Preston Lake had taken place just five years earlier, it might have been a much greater, faster, happier success story. Given its timing, however…