Attention investors, rentals are scarce, can you help out?
The townhouse shown above recently became available for rent -- and within days there were 30+ inquiries, multiple applications, and the tenants have already moved in…
Ravenous home buyers are still picky eaters
Inventory is low -- buyers do not have many choices of homes to purchase -- but that doesn't mean they'll buy ANYTHING. Buyers are still being relatively picky, not…
Lock Your Mortgage Interest Rate NOW
What??? Average mortgage interest rates (on a 30 year fixed rate mortgage) are back below 4% again. I truly did not think we'd see that this year -- or possibly ever. It…
Buyers have to be ready to act FAST these days!
So many homes these days are going under contract QUICKLY and sometimes with MULTIPLE OFFERS! Depending on the house, and the location, and the condition, and the price…
How many homes will you really be choosing from?
If you are entering the market to buy a home, the number of homes you will have to choose from will vary widely based on what you are looking for in a new home. Some…
1 Pool, 2 Acres, 4 Bedrooms, 3184 SF, Infinite Views
view a larger image by clicking here Have I mentioned that I enjoy flying my drone? For business purposes, of course -- definitely just a business tool.... Anyhow -- the…
Proposed Budget for Rockingham County
Click on the image above for a PDF of this summary of the proposed 2017-18 Rockingham County budget. As shown, this would require the real estate tax rate to increase…
Can Home Buyers Keep Up The Pace in April 2017?
Last year (2016) was a startlingly strong year in the residential real estate market in Harrisonburg and Rockingham County -- and thus far, 2017 seems as if it will hold…
City of Harrisonburg Proposes 9% Increase in Real Estate Tax Rate
The City of Harrisonburg has published their proposed 2017-18 budget, which includes a proposed increase in the real estate tax rate from $0.78 per $100 of assessed value…
Is a balanced market always this fleeting?
The graph shown above is an illustration of changing inventory levels (blue line) and the number of buyers buying in a six month period (orange line). The point at which…
Rockingham County Likely to Increase Real Estate Tax Rate by Four Cents
Rockingham County's budget for the 2018 fiscal year (which begins July 1) includes a proposed $0.04 increase in the real estate tax rate, which would increase from $0.70…
Half As Many Options for Buyers Under $200K
Housing inventory levels are declining in Harrisonburg and Rockingham County, but perhaps none so precipitously as the under $200K market. As shown above, there are HALF…