The Local Real Estate Market Is Constantly Changing
Over the past two years as home sales and home prices have rapidly accelerated upwards, we couldn't assume anything about pricing... We know - your neighbor's identical…
The Harrisonburg Housing Market Keeps Defying Expectations
After A Worldwide Pandemic... More and more home sales Higher and higher sales prices Faster and faster market pace After Mortgage Interest Rates Almost Doubled... Sales…
Harrisonburg Housing Market Still Speeding Right Along
Happy Tuesday morning, friends! The starting and ending point of summer likely varies for many of us, but it seems like we're somewhere around the middle of summer. Gasp!…
New Home Construction (For Sale or Rent) Is Likely The Only Path Towards A More Balanced Local Housing Market
Over the past two (to five) years the local real estate market has seen... [1] More and more homes selling. [2] Higher and higher sales prices. [3] Higher and higher…
Is The Local Real Estate Market Softening?
Anecdotally, it seems like a maybe the local real estate market is softening... but the data certainly doesn't show it yet. Here are a variety of current market anecdotes…
Harrisonburg Area Housing Market Reaches New Heights
Happy Friday morning, friends... and Happy Summer! If you have school age kids, or college age young adults, I hope the school year finished out well and that they (and…
City Townhouse Sales Prices Increase 34% Over Four Years
Townhouse values in the City of Harrisonburg have certainly increased rather quickly over the past few years... As shown above, we have seen a 4% to 11% increase in…
Do You Own A Rental Property? Perhaps You Should Sell It? Pretty Please!?
If you own a rental property in the City of Harrisonburg or in Rockingham County, perhaps a townhouse or duplex or small single-family home, are you potentially…
Reflecting On Large, Fast Changes In Mortgage Interest Rates
For at least the past five years, I have remained convinced that mortgage interest rates would start rising... anytime. But month after month, year after year, interest…
Home Sales Steady in 2022, Prices Still Rising Quickly!
Happy Thursday morning, friends! It's definitely spring in the Valley (cool mornings, warmer afternoons, lots of rain, lots of sun) and spring is a busy time for many!…
If Your Home Has Been On The Market For More Than __ Days And Is Not Under Contract, Ask Yourself Why!
Five short (long!?!) years ago -- back in 2017 -- the median days on market was 33 days. That is to say that half of homes that sold were under contract within 33 days…
Generally Speaking, The Larger The Home, The Lower The Price Per Square Foot
If all other attributes of two houses are the same or similar (age, condition, finishes, location, lot size) then we will almost always see the price per square foot…