The Central Valley fares well in home sales, and better than most in home prices
The Virginia Association of Realtors just published their first quarter home sales report (available here as a 6.65MB PDF). Let's take a look at how Harrisonburg and…
How did Virginia fare in the housing bubble?
These helpful maps were created by the folks over at Design & Geography.... Virginia fared better than most states pre-bubble with a 80% to 120% increase in housing…
Four Multiple Offer Scenarios In One Week!
It looks like this could be a fantastic spring/summer real estate market in Harrisonburg and Rockingham County. The real estate market may finally be picking up some…
Housing Market Sees A New Normal
My article from this month's issue of the Shenandoah Valley Business Journal... Change has been the only constant in the housing market over the past five years. Between…
Foreclosure Rates in Harrisonburg, Rockingham County
Inspired by a great article in yesterday's Daily News Record about foreclosure rates in the Harrisonburg and Rockingham County area, here is a comparison of foreclosure…
Buyers Are Moving Fast! Contracts Up 29% In April 2011!
In the first 20 days April 2010..............58 contracts were written... In the first 20 days of April 2011..............75 contracts were written! Beyond this 29%…
Home Value Trends in Harrisonburg, Rockingham County
We have seen significant declines in home values in Harrisonburg and Rockingham County over the past several years --- though nowhere near the level of declines seen in…
How could townhome values have dipped so far, so fast?
After staying relatively stable over the past few years, townhome values are dropping quite quickly in 2011 -- per the median home value of Harrisonburg and Rockingham…
Understanding The Home Inspection Process
Many buyers (and sellers) have a misunderstanding of how the home inspection process works. For example: Buyer: I can inspect the house, and if there's anything wrong, I…
There are so MANY (and so FEW) houses for sale!?!
It's been an interesting week showing houses over $400,000 in Harrisonburg and Rockingham County. Both of the following seem to be true: There are way too many homes for…
How do you think our local real estate market is doing?
One of the questions we asked hundreds of visitors to our booth at the 2011 Shenandoah Valley Builders Association Home & Garden Show was..... "How do you think our local…
Home Sales Strong Despite (or because of) Price Declines
March 2011 home sales show plenty of positive indicators, though the local market is still a ways off from a full recovery. After mediocre performance in January and…