The Great East West Divide of Harrisonburg (and Rockingham County)
click here to view this map as a larger image A few questions for ya.... Have you lived in Harrisonburg for a while? Do you live on the EAST or WEST side of Interstate…
What is a modular home?
photo source According to Wikipedia, a stick-built structure is "one constructed entirely or largely on-site," as opposed to a modular home that is "divided into multiple…
Walk Through This Home, 2550 Ramblewood Road
Take a few minutes to walk through this spectacular home, a custom, site-specific design by Architect John Daly that is special to him because the land was parceled off…
Sales of new construction homes speeding up in 2015!
General market recovery (in both pace and price of sales) may finally be resulting in a return of new construction single family home sales. As shown above, we may see a…
Fewer and fewer foreclosure sales in 2015
We are continuing to see a slow pace of foreclosures in 2015. There were 94 foreclosure sales in the first six months of 2014 -- and this year there have only been 79…
Are sellers accepting home sale contingencies?
Based on the analysis above, it would seem that sellers are not (in almost all cases) accepting home sale contingencies. Here's the logic.... A seller would (almost…
Fewer affordable homes available for purchase
There are 7% fewer homes for sale under $200K as compared to two years ago. In contrast, there are 2% more $200K - $300K homes for sale.... ...and 20% more $300K - $400K…
Lot Sales, Prices Increasing in 2015
Sales of building lots of less than an acre in Harrisonburg and Rockingham County have started to pick up steam over the past few years. Year-to-date sales (47) point to…
Single Family Home Sales Prices Up Nearly 8% in 2015
The analysis above looks only at single family home sales -- which excludes duplexes, townhouses and condos. This metric is a helpful indicator for the overall…
July 2015 Harrisonburg Housing Market Report: Home Sales Hit Seven Year High
Learn more about this month's Featured Property: 2826 Brookshire Drive I just published my monthly report on the Harrisonburg and Rockingham County real estate market…
Mortgage interest rates have been better (3.3%) and worse (4.6%) in the past three years
Mortgage interest rates (for a 30 year fixed rate mortgage) have varied from as low as 3.3% to as high as 4.6% over the past three years. Current rates are hovering right…
Will you be enjoying great music, food and people this weekend at the Red Wing Roots Music Festival?
You should be! Join me (and lots and lots and lots of other people) at the Red Wing Roots Music Festival this Friday, Saturday and Sunday. View the schedule, get…