Sales Updates at Preston Lake in Harrisonburg, VA
An early rendering of an estate home to be built at Preston Lake. An early rendering of the Charleston Rowhouses to be built at Preston Lake. In the Beginning The news of…
Should Local Government Make Rezoning Decisions Based On Market Conditions?
In my opinion, there is already more than enough college student in Harrisonburg. That said, a developer will soon be starting a new student housing complex on South Main…
Housing Market Enjoys Boomlet But Area's Sales Surge Likely To Be Short-Lived
It's always good to get a different take on the data and situation in our market. Feel free to share your own comments on the state of our market in the comment section…
The Future of North Valley Pike (Route 11 North)
There is a slowly growing area just north of Harrisonburg that you may not have heard of or visited, but there are a variety of factors that may make it a growth area…
An Explanation Of The July 2010 Harrisonburg & Rockingham County Real Estate Market Report
Can you spare 5 minutes? Press play below, and I'll walk you through most of the graphs in my monthly report to provide some commentary on what we're seeing this month…
Home Sales (and Inventory) Soar in June 2010, Contracts Decline
Click here for the full July 2010 Harrisonburg & Rockingham County Real Estate Market Report. We're not out of the woods yet, but several indicators are quite positive in…
How Much Of An Effect Did The First Time Buyer Tax Credit Really Have in Harrisonburg and Rockingham County?
Many people have asked me how much of an affect on our market the first time buyer tax credit has had over the past year. It's a challenging question to answer --- some…
Coldwell Banker Funkhouser Realtors merges with Century 21 Real Estate Unlimited
If you haven't heard the big news, our real estate company (Coldwell Banker Funkhouser Realtors) has merged with Century 21 Real Estate Unlimited. This transition is very…
Buying A House In A Buyer's Market
For each of the past four years, fewer and fewer home buyers have purchased homes in Harrisonburg and Rockingham County. The annual rate of home sales has declined from…
Do Harrisonburg and JMU Need More Student Housing?
(The Short Answer: No!) As reported by hburgnews a developer from Glen Allen is moving forward with a developing a community for 1,500 college students. Paul Riner…
Mortgage Interest Rates Have Never Been Lower -- Get Out Your Calculator!
I had heard from several of my clients this week that interest rates were VERY low --- but I didn't know they were the lowest EVER! Current rates are the lowest on…
Home Sales versus Foreclosures
Data Sources: Harrisonburg/Rockingham Association of Realtors MLS, Rockingham County Circuit Court Clerk's Office (Thanks Chaz & April!) Many have asked me how…