Another Strong(ish) Year of High End Home Sales
We saw an amazing 29 home sales over $500K last year -- which was the highest seen anytime since 2008. This year we are on track to likely match that pace of high end…
Is Every House Currently Listed For Sale Just As Exciting As The Next?
As shown above, many homes currently listed for sale have already been on the market for some time, picked over by all of the current buyers in the market. That said…
Find Out About Every New Home For Sale in Harrisonburg, Within Minutes
If you are a fanatic about finding out about new listings -- especially since there aren't many houses on the market right now -- then you shoud know about…
44% Fewer Homes for Sale in Harrisonburg, Rockingham County
Buyers are finding fewer and fewer options of homes to purchase in Harrisonburg and Rockingham County as inventory levels continue to decline. The graph above shows the…
Median sales prices almost back to high of 2007
The graph above shows four periods of changes in the local median sales price.... 2000-2003: Normal Growth 2003-2006: Unsustainable Growth 2006-2011: Correction…
Wild month of home sales in August 2016, contextualized
As reported yesterday, we had a RECORD NUMBER of home sales in August 2016. There were 154 home sales --and the most recent month when we saw more than 154 home sales was…
Record Number of Home Sales in August 2016
Learn more about this month's Featured Property: 3465 Izaak Walton Drive I just published my monthly report on the Harrisonburg and Rockingham County real estate market…
Fewer Sellers Providing Closing Cost Credits
Only 39.3% of sellers have paid for a part the buyer's closing costs on home sales that have closed thus far in 2016. This marks a decline from the 47.7% of sellers who…
Affordable Housing Apartment Complex Under Construction on Reservoir Street
click here for a larger version of this aerial image Just a stone's throw away from this new student housing being built on Reservoir Street, you will find another large…
Dirt is moving on Reservoir Street for the construction of the Retreat at Harrisonburg
click here for a larger version of this aerial image If you have driven along Reservoir Street lately, you would have noticed the massive area on the hospital side or…
Showings Up, Down, Up, Down, Up, Down
It has been hard to see the overall trajectory of showings this Spring/Summer as compared to last Spring/Summer since we have had both better and worse months of…
Early Look Shows Strong Month of Contracts
An early look at August 2016 data shows that it was another STRONG month of buyer activity, with 127 signed contracts. This marks an 18% increase over last August -- and…