Price Corrections . . . How It Affects Us Right Here At Home
A friend (thanks Randy) pointed me to an interesting article published last month by Fortune Magazine that used some interesting data analysis to come to the conclusion…
Supply and Demand --- Market Forces At Work
Each price segment of the Harrisonburg and Rockingham County real estate market is experiencing something somewhat different. Each month I break it down into three basic…
"But I Heard It On The Radio --- Aren't Home Sales Down??"
Today, monthly home sales statistics were released by the Virginia Association of Realtors. As reported by WSVA today.... "sales of single family homes slumped in…
Radio Archive: WSVA Home Show: November 2007
Last week, Kemper Funkhouser and I were guests on WSVA's Home Show with Ken Patterson. We talked about a variety of topics such as: Does being in a subdivision (versus…
Appealing Your (City) Property Assessment
A reader posed the question of how or why might you appeal the assessed value assigned to your property by the City of Harrisonburg. Below is an overview of that subject…
Selling In The Dark?
You shouldn't have to! When selling a home, there are things going on around you, in your segment of the real estate market, every week. But it's often difficult to…
The Value (???) of National Real Estate News
Per the Wednesday, November 28, 2007 Daily News Record . . . Headline: Home Prices Fall 4.5 Percent Source: Associated Press Per the Thursday, November 29, 2007 Daily…
"Just Wait . . . You'll See . . ."
I received a call at the office two weeks ago that left me scratching my head. The gentleman was calling to inquire about a property priced around $80,000 --- which was a…
When To Start Marketing Your Home
As mentioned last week, the amount of homes on the market varies wildly depending on the price range. On a monthly basis I compare the number of homes on the market to…
Learning in Las Vegas
In addition to being an Associate Broker with Coldwell Banker Funkhouser Realtors, I am also a member of: Harrisonburg/Rockingham Association of Realtors Virginia…
A Turning Point In The Market?
October 2007 --- mark it (retroactively) on your calendar --- the first month where sales exceeded the corresponding month in 2006. For the past 9 months (Jan '07 - Sep…
How's the market? It depends on the price range!
Each month I examine three specific price ranges to gain insight into the balance of supply and demand in that segment of our market. Here are the most recent numbers…