With a small down payment, check both FHA and conventional mortgage options!
This was a great tip that Oguz Sengul (Wells Fargo Home Mortgage) shared with me yesterday.... As shown above, sometimes even with a lower rate (4.000% via the FHA loan…
Local housing inventory hits four year low
Yes, you heard me correctly -- there are fewer homes on the market than we have seen anytime in the past four years. The inventory data above is current as of a few days…
Home Values compared to Tax Assessments in the City of Harrisonburg
I'm asked quite frequently about the relationship between home values and tax assessments. After a lengthy analysis of the 266 home sales in the City of Harrisonburg…
Is an improving housing market good news for everyone?
photo source: erix The local housing market is improving (sales up, prices up) but as someone pointed out to me earlier this week, that's not necessarily good news for…
Home sales and median prices on the rise in Harrisonburg, Rockingham County
Good news! With two months of 2012 under our belts, our local housing market is showing signs of continued stability and growth. Click here to jump to the PDF of the full…
Punxsutawney Phil must have meant winter-like levels of housing inventory, not winter-like weather
It sure doesn't seem that we're having six more weeks of winter weather. But we certainly ARE having (at least) six more weeks of winter-like levels of housing inventory…
Developers continue campaign to end homelessness amongst local college students
OK, so perhaps homelessness amongst local college students is an imaginary problem --- but if it were an issue, local student housing developers are certainly being VERY…
How does this home inspection process work, anyhow?
Here's a reminder of how the typical home inspection process works in Virginia.... And a brief reminder of a few of the timing issues..... When completing a home…
Everything you need to know about buying an investment property in Harrisonburg, Virginia
Types of Investment Properties in Harrisonburg Overview of Real Estate Investing in Harrisonburg Reasonable Goals for Buying an Investment Property in Harrisonburg…
Mortgage interest rates are on the rise....they are now at a sky high 3.95%
Don't get too worried, interest rates are still incredibly low, and still below 4%. But after four weeks at record lows, the average 30-year mortgage interest rate…
Buyers are BOLD! I think I'm happy to see that!??
Recent negotiations I've been a part of, or have heard about.... SELLER: $299,000 BUYER: $225,000 SELLER: $239,000 BUYER: $215,000 SELLER: $495,000 BUYER: $300,000…
When there aren't sellers in a corner of the market, or there aren't buyers, funny things happen
For every buyer there is a home, and for every home there is a buyer -- right? Well, it doesn't always work out to be so neat and tidy. What happens when there aren't…