Under contract in a week??
The home pictured below, located at 115 West College Street in Bridgewater came on the market about two weeks ago. Within a week we had 9 showings and 2 offers, one of…
How long will it take my Harrisonburg home to sell?
One of the most difficult questions to answer in our current real estate market is how long it will take for a home to sell. The data below will start to shed some light…
Bridgewater Real Estate Market Report
Things may be picking up in the Bridgewater real estate market according to observers on the Bridgewater Buzz --- not to mention that my new listing in Bridgewater went…
How long does it take homes to sell in Harrisonburg and Rockingham County?
A recent comment from my blog raises a great question: "Statistical analyses always report "average days on market." As a buyer, I am wondering what a histogram of days…
Home Value Projections for Harrisonburg and Rockingham County
As can be seen below, home values across the U.S. have declined sharply over the past three years, after a sharp increase over the preceding years. (Source: OFHEO) In…
March 2009 Real Estate Market Report for Harrisonburg and Rockingham County
Click here to view a PDF of this entire report. Enjoy! The pace of home sales in Harrisonburg and Rockingham County continues to decline --- with a 25% drop in sales pace…
$8,000 Tax Credit Creates Huge Increase in Home Sales in Harrisonburg, Rockingham County
I had suspected that the $8,000 tax credit for first time home buyers would get some buyers off the sidelines --- but I never expected that to happen so quickly, and at…
Weyers Cave Real Estate Market Report
I had a client ask about how the Weyers Cave real estate market had performed over the past year in comparison to Harrisonburg and Rockingham County (HBG/RCK). Weyers…
How do buyers find homes for sale in Harrisonburg?
National research shows that the top means by which buyers found the house that they eventually bought were: hearing about the property via their Realtor viewing the…
Has the Harrisonburg real estate market hit bottom?
I was asked that two times yesterday.....and the hypothesis of the two people asking was that the Harrisonburg real estate market has indeed hit bottom. But what do we…
Urban Exchange Update: blue bridge, first kitchen, electric car, sales office
Just a few days ago, the third (blue) bridge was installed at Urban Exchange! Click here to view updated construction photos of the blue bridge and other exciting…
How do sales prices compare to assessed values?
Homes in the City of Harrisonburg are currently selling at approximately 95% of their assessed value. Taking a look at the data above, you'll note that approximately 30%…