Local market insight since 2007
The City of Harrisonburg had decided to increase the tax rate by 4.5 cents in 2015 to 73.5 cents per $100 of assessed value. That has now been ratcheted back down (by 1.5…
Walk through this new condominium at Founders Way, centrally located in Harrisonburg less than two miles away from downtown Harrisonburg. These condominiums for…
Yes, you are correct, you likely missed the most active months of home buying in our local market -- last year more buyers bought in May through August then in any month…
As I was developing HarrisonburgInvestmentProperties.com, one of my editors commented -- "Multi Family Properties? We don't have have Multi Family Properties in…
Many of my past clients have considered, or are considering, the purchase of an investment property in Harrisonburg as a means for diversifying their investments. Today…
As Karl pointed out, the declines in inventory levels over the past few years have been more significant in the City than in the County. And as Charles pointed out, this…
If you think there aren't many homes for sale, it's because there aren't many homes for sale. The graph above shows how inventory levels in our area have shifted downward…
Over the past three years (shown above) interest rates have fallen into three categories.... LOW: 4.5% - 5.0% SUPER LOW: 4.0% - 4.5% ABSURDLY LOW: 3.0% - 4.0% As you can…
Sellers, on average, are willing to take 3% off of their list price -- based on a historical analysis of how much sellers have negotiated in recent years. That being…
click here for a slightly larger version of this map The location of the still relatively new Sentara RMH Medical Center, the completion of Stone Spring Road (the…
If you are hoping to build a new single family home on a scenic hilltop (or in a rolling pasture) in Rockingham County, your options have recently expanded. Building a…
If I knew the Rockingham County GIS had such a helpful ZONING layer, I forgot about it temporarily. Thanks for the reminder, Todd Rhea. When you're in the GIS, just go to…
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