A Ruff Breakdown of Why Millennials Are Buying Homes
I'll say no real surprises here, on this analysis put together by SunTrust Mortgage of why millennials are buying homes.... A desire for more living space tops the list…
Make your voice heard in the updated Comprehensive Plan for the City of Harrisonburg
The City of Harrisonburg is in the midst of updating the Comprehensive Plan for the City. As per the City.... The Comprehensive Plan presents a vision of Harrisonburg’s…
New Starbucks location (with drive thru) coming to Port Republic Road, 1250 feet from existing Starbucks
Click here for a larger version of the map shown above. As reported in this past Saturday's Daily News Record -- a new Starbucks location will be constructed at the…
Paired Homes Selling Quickly at The Glen at Cross Keys
Sales are booming at The Glen at Cross Keys -- a paired home community, located just east of Harrisonburg. The main level of these homes feature an open floor plan, a…
New Detached Homes in the City of Harrisonburg
If a builder were to start building new homes in the City Harrisonburg -- what should that look like? Large lots? Small lots? Large homes? Small homes? Sound off…
Chickens and Eggs when Selling and Buying
That age old question -- which came first, the chicken or the egg -- applies to our local real estate market more than ever this year. There will always be folks, perhaps…
With low inventory levels, it is crucial that you know about new listings FAST!
Most of my clients use NewListingsInHarrisonburg.com to keep track of new properties coming on the market in Harrisonburg and Rockingham County. You can quickly and…
Has the Market Slowed Down in September?
It seems it may have.... As shown above, only 69 properties have gone under contract thus far in September 2017 -- as compared to 113 last month. Of note.... It's only…
The Value of Your Home Based On When You Bought It
Can historical median sales prices give you some sense of your home's current market value? Perhaps so! The chart above is calculated based on comparing the 2017 median…
If you think housing inventory levels are low now....
If last year is any indication, get ready to see inventory levels falling over the next few months almost as fast as the leaves are falling off the trees. In all…
How much of the City of Harrisonburg single family housing stock sells in any given year?
OK -- I'll point out, from the start, that I'm making things a bit more complicated here. I'll partially blame Derik, as he asked the question. OK - the graph above, is…
Price Distribution of Single Family Housing Stock in the City of Harrisonburg
OK -- Take 2 -- Based on some feedback, in smaller price increments this time.... Forget about what actually SELLS in any given timeframe, or even what is available FOR…