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Clearly, the Harrisonburg and Rockingham housing market is still quite competitive right now, especially for homes under $400K. One reason for this might be related to…
Happy Tuesday morning, friends! Driving around town over the past few days I have seen more and more redbuds blooming and daffodils popping up. It must be March! Indeed…
What is a liquid asset? Per Investopedia... "A liquid asset is an asset that can easily be converted into cash in a short amount of time." ...and further... "Liquid…
It's a common question at this time of year... Will more houses come on the market in the spring? There don't seem to be many options at all right now. Great news…
Happy Friday morning, friends! We're about halfway through February, so it's time to take a moment to look back and see what we can learn about our local real estate…
Clearly, showing activity (the number of showings on any listing) will vary from property to property, based on... - price range - property type - location - how…
Q: What Is An Affordable Home Purchase For A First Year Teacher? A: Technically, $161K, but maybe more? Let's look at the numbers... It seems a first year teacher in the…
Contract activity slowed considerably in the fourth quarter of 2022 compared to the fourth quarter of 2021... Oct- Dec 2021 = 383 contracts signed Oct - Dec 2022 = 230…
Home sales have been slower in November, December and January. This is somewhat normal from a historical perspective - winter months are normally slower. They haven't…
We saw a 14% decline in existing home sales (sales of resale homes) in 2022... Existing Home Sales in 2021 = 1,347 Existing Home Sales in 2022 = 1,159 With many…
A year ago, the average 30-year fixed mortgage interest rate was 3.6%. Over the course of the past year that climbed... and climbed... and climbed... to a peak of 7.08%…
Happy Thursday afternoon, friends! And... Happy New Year! It's hard to believe the New Year is upon us. Actually.. we're already more than halfway through January at this…
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