How to sell your house in a buyer's market
Some would say for every buyer there is a house, and for every house there is a buyer. That doesn't really apply in a buyer's market. When there are more sellers in the…
When selling your home, be aware of these two sets of buyers
In talking to several potential clients this past week, I have explained that there are two sets of buyers we need to consider when preparing to list, market and sell…
Fooled by a narrow scope?
Thanks a lot Dustin, now things are even more confusing. So, Dustin suggested that I examine data prior to 2008 to see if we could learn more about why single family home…
Caffeine-inspired readers solve mystery of Harrisonburg's temporary surge in single family homes values
Wow, there were a lot of great proposed explanations for why Harrisonburg single family homes saw an increase in value (median sales price) between 2009 and 2012. Thanks…
Explain this to win a $10 Starbucks gift card: Why did single family home values diverge in Harrisonburg, Rockingham County between 2009 and 2012?
I'll give a $10 Starbucks gift card to the person who can provide the correct explanation of the graph below. OK, I'll be fair, I don't know what the correct answer is…
Real Estate Tax Analysis in Harrisonburg and Rockingham County
The City of Harrisonburg is considering increasing the real estate tax rate from $0.59 per $100 of assessed value to $0.63 per $100 of assessed value. Rockingham County…
Home Values compared to Tax Assessments in Rockingham County
I'm asked quite frequently about the relationship between home values and tax assessments. After a lengthy analysis of the 528 home sales in Rockingham County during…
Positive trends in the first quarter of 2012
Sales are up.... Prices are starting to stabilize.... Inventory is down....
City of Harrisonburg real estate tax rate likely increasing 7%, mirroring Rockingham County increase
Rockingham County is considering raising the real estate tax rate from $0.60 to $0.64 per $100 of assessed value (details here). The City of Harrisonburg is now…
March 2012 shows a SURGE of buyers in the market!
One factor that is helping our housing market to show continued signs of improvements (in the pace of sales) is that we continue to see strong levels of buyer activity in…
Harrisonburg housing market shows continued signs of improvement in March 2012
Harrisonburg and Rockingham County home sales were at a four year high during March 2012, and for the entire first quarter of 2012. Click here to jump to the PDF of the…
The right kind of house will sell quickly, even in today's buyers market
Two of the houses that I have recently listed sold in less than one week. How, you might ask, was this accomplished with such an expedient time table? Certainly, pricing…