New home sales may be improving in and around Harrisonburg
New home sales may be improving in and around Harrisonburg -- based totally on anecdotal evidence. Several of the builders I work with have seen significantly increased…
Quick, buy a house before they are all gone!
Perhaps we're not really going to run out of houses, but inventory levels are certainly dropping in Harrisonburg and Rockingham County. Two years ago (in early February…
So, would it be a good time to buy a house right now?
A colleague asked me this question at a meeting of the Shenandoah Valley Builders Association this evening: So, would it be a good time to buy a house right now? I…
Mixed Signals From January Housing Market Activity in Harrisonburg and Rockingham County
My most recent market report (excerpts below, full report here) shows a variety of mixed market indicators when examining market data through January 31, 2011: Home Sales…
There must be some good deals out there -- we've seen a LOT of price reductions lately!
When I log into our MLS (multiple listing service) I see a variety of early indicators about the present state of the market. I'm confronted with information about the…
To hire a custom builder, or to buy a re-sale home --- it's a tough question these days!
The abundance and low prices of re-sale homes can cause great frustration for custom home builders these days. Over the past few months I have had lengthy conversations…
What are your predictions for the local real estate market in 2011?
What do you think? Will the real estate market be getting better in Harrisonburg and Rockingham County during 2011? Could it get any worse? One of my predictions can be…
Preston Lake Foreclosure Auction Results In $3.5M Sale To Wells Fargo
The Preston Lake Trustee Sale took place today (February 3, 2011) at noon, and drew quite a crowd of Preston Lake homeowners, developers, attorneys, Realtors, and…
Eliminating Distractions and Objections
Preparing your home to go on the market can be challenging (and tiring), and often sellers-to-be need a second (or third) set of eyes to provide suggestions about where…
Buying a Foreclosure
If you are in the market to buy a home, some of the properties you might be considering are foreclosures – but there are some distinctions to be aware of at different…
Home buyers are probably getting GREAT deals these days, right?
In a lot of ways, they are --- but it's not as extreme as you might think. After observing several houses go under contract at fantastic prices I was pondering aloud that…
Has the real estate market (finally) hit bottom in Harrisonburg and Rockingham County?
I say yes --- but do bear in mind, I've thought this a few times before. I recently realized that the overall trend I examine in my market report each month (total number…