When (and How) to Use a Home Equity Line of Credit
More from Luke this week... on home equity lines! Enjoy! If you've owned your home for a while, you've probably built up some equity. That's the portion of your home you…
Rates Are Lower… Does That Mean I Should Refinance?
Enjoy more from Luke this week… on changing mortgage interest rates and what they might mean for you! Mortgage rates have dropped quite a bit from where they were a few…
Attached Homes Gaining Ground in Harrisonburg and Rockingham
This is a guest post by my son, Luke Rogers, who is also a Realtor with Funkhouser Real Estate Group. You'll start to hear from Luke from time to time here on…
Will Mortgage Rates Drop Significantly in 2025?
A question I am often asked is whether we will see a meaningful drop in mortgage interest rates in 2025. A few thoughts leading up to the Fed's meeting tomorrow... 1…
Keep the House, Keep the Low Rate
If you're moving out of the area -- or you've simply outgrown your current home -- you might assume the next step is to sell your home. But if you've got a super low…
Few Recent Comparable Sales? That Might Mean More Buyers, Not Fewer
When preparing to sell your home, one of the first things we typically do is to look for comparable sales -- recent sales of similar homes in your neighborhood or school…
Fewer Homes Are Selling in 2025, But Prices Continue a Modest Climb
Happy Monday morning.. and Happy belated Father's Day to all the dads! We're nearly halfway through 2025 now, and below I'll give you an update on the latest data and…
Mortgage Rates in Perspective and 5% to 7% as a Potential New Normal
The average 30 year mortgage interest rate has been above 6% for the past three years (2022-2025) and sometimes we think of that in the context of mortgage interest rates…
Will mortgage rates drop faster than home prices will rise?
Some would-be home buyers are holding off on a home purchase right now because of how current mortgage interest rates are impacting their potential monthly payment. But…
Who Is Winning In Our Local Real Estate Market In 2025
Who is winning in our local real estate market in 2025? SELLERS are enjoying life with plenty of buyer interest, ever higher sales prices, homes usually going under…
Home Prices In Harrisonburg, Rockingham County Might Not Shoot Upwards Quickly If Or When Mortgage Interest Rates Fall Because Prices Did Not Drop When Rates Rose
If or as mortgage interest rates drop, will we see home prices shoot upwards? Let's back up a few steps... When mortgage interest rates rose from 3.2% to 7.1% within 10…
Would Be Home Buyers Are Finally Finding (Some) Relief In The Way Of Mortgage Rates
For over 10 years (Feb 2011 - Apr 2022) mortgage interest rates were below 5%. For about 3 years (May 2019 - Mar 2022) mortgage interest rate were below 4%. But since…