What you found to be most interesting in 2010...
As we finish up the last day of 2010, I though I'd take a look back at some of the most frequently viewed posts here on HarrisonburgHousingToday.com from 2010.... So, You…
The bigger they are (houses), the harder they fall (sales)?
At the current pace of the market, it would take 21 months to sell all of the housing currently on the market in Harrisonburg and Rockingham County priced over $400,000…
Single Family Homes Under $200,000 in Harrisonburg and Rockingham County
For those looking to buy a single family home under $200,000 in Harrisonburg or Rockingham County, here's a bit of historical context for how realistic that is today…
What do we do if the real estate market stalls out?
I'm not suggesting that the real estate market has stalled out in Harrisonburg and Rockingham County, but in talking to someone in another part of the country (thanks for…
It is really hard (impossible?) to compete with bank owned properties
Harrisonburg and Rockingham County have seen an increasing number of trustee sales (foreclosures) over the past few years.... click the image above for a larger version…
Deceived By Active Comps!
Pricing a home to sell in the current market can be a challenge. Oftentimes, there aren't enough recent comparable sales with which to come to a solid conclusion about…
Does anyone really decide to buy a house between mid-December and mid-January?
Actually, yes.... Last year, between December 15 and January 14, buyers wrote contracts on 43 homes in Harrisonburg and Rockingham County. Compare this to the past twelve…
Per CNNMoney.com, "Buying a home now is a no-brainer"
The market is slow, prices have slowly declined for the past few years, and likely will for the next year --- could this still be a good time to buy? Ali Velshi from…
Is Homeownership For Everyone?
Several decades ago (and earlier) home buyers would wait to purchase a home until they had at least 20% of the purchase price saved up in their bank account, and they…
How much should I be able to negotiate on price?
It is certainly a buyers market these days --- there are far more sellers in the market than buyers, so oftentimes buyers can negotiate quite effectively. Let's take a…
Housing Market Report: Sales Increase, Prices Increase, Contracts Increase in Harrisonburg, Rockingham County
Below you will find several highlights from my December 2010 Harrisonburg and Rockingham County Real Estate Market Report, available as a PDF by clicking here. Our local…
City Homes Outperform County Homes
As I reported earlier this week, the single family home market in the City of Harrisonburg is improving, both in the number of homes sold, and the median price of those…