Local market insight since 2007

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Leap Day Special on Mortgage Interest Rates

There seems to be a LEAP DAY SPECIAL on mortgage interest rates -- though the rates are diving down low, as opposed to leaping up high. The current average mortgage…

Preston Lake Sales Update

It has been a while since I posted a sales update on Preston Lake -- the area's largest (intended) mixed use community that was started just before the real estate boom…

Non Student Apartments in Harrisonburg

This was another helpful data set in the housing study prepared for the Harrisonburg Housing and Redevelopment Authority.... Non-Student Apartment Complexes in…

Economic Development Announcements

A recently completed housing study prepared for the Harrisonburg Housing and Redevelopment Authority had a helpful and informative snapshot of recent economic development…

Understanding your Loan Estimate

As you start shopping around for a mortgage, you should ask each lender for a "Loan Estimate" as shown above. This is a relatively new document that lenders are using…

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