Local market insight since 2007
If you are in the market to buy a home, some of the properties you might be considering are foreclosures – but there are some distinctions to be aware of at different…
In 2000, there were 829 home sales. That zoomed up to 1,669 in 2005. This past year (2011) there were 791 home sales. Certainly, 1,669 home sales a year is not a normal…
Housing markets across the country have been affected by an increase in distressed sales over the past few years -- both bank owned homes (that were foreclosed on) and…
Looking for a job in Harrisonburg or Rockingham County? Here are the 50 largest employers.... James Madison University The Rockingham Memorial Hospital Rockingham County…
As I commented in my monthly market report earlier this week, inventory has declined significantly (15%) over the past year! Why is inventory dropping so much??? I have a…
The housing market as a whole in Harrisonburg and Rockingham County seems to be stabilizing. As per my market report earlier this week, sales increased by 4% in 2011…
A great question from a blog reader. Any thoughts, other blog readers?
Friends and Colleagues --- Our local housing market has finally done it -- after a five year slide (and a 55% drop) in the pace of home sales, the tide has finally turned…
If you don't have a job, it's hard to buy a house. If you lose your job, it's often hard to keep your house. Thus, it is welcome news for the housing market to see the…
Click the map above for a larger version of this map.
In preparing to list a home for sale, I met with my clients and we examined the competition that their home would have given its characteristics (size, location, age…
One of the best indicators in our local housing market is the pace of single family home sales. Townhouses and duplexes are sometimes bought by investors, and thus if we…
A free, local read in your inbox each weekday.
