The Layout of a House Often Trumps Everything Else!
There are a LOT of homes on the market in the $300k - $400k price range, and I have recently been showing a lot of them to buyers. I will then have follow up calls from…
The first-time buyer tax credit is (mostly) over, now what?
June has been a busy month in the local real estate market --- or at least on my end --- as a LOT of buyers close on their purchases of homes in and around Harrisonburg…
Local Home Sales Up 10% in 2010, Prices Down 4%
Click here to view my full June 2010 Harrisonburg & Rockingham County Real Estate Market Report. Exciting Fact #1 --- May 2010 home sales declined 5% as compared to May…
Signing Contracts in the Month of May: Harrisonburg vs. Charlottesville
Intrigued by a post over at RealCentralVA exploring the number of contracts for single family homes for each of the 10 past months of May in Charlottesville and Albemarle…
Whether Serious Buyers or Real Estate Junkies, Online Property Views Are On The Rise!
Take a look at the graph below to see how buyer momentum is shifting in our market. Do note, of course, that this is people looking at properties online, which is not the…
You Have Almost 1,000 Homes To Choose From in Harrisonburg and Rockingham County!
There are a LOT of homes for sale right now....995 residential properties in Harrisonburg and Rockingham County as I type. BUT.... the current levels aren't too much…
How many homes are for sale in this price range and how many will sell anytime soon?
For the visual learners amongst us, here's a new take on the mix of homes for sale based on their price range, and the demand for such homes.... This (hopefully fun and…
Low to Mid Priced Homes Are Sustaining The Market
Home sales have certainly started to bounce back in 2010... Skeptics certainly won't believe we're making any progress until we pass June 30th and the end of the tax…
Do You Think Harrisonburg's Student Housing Vacancy Rates Are High Now? You Haven't Seen Anything Yet!
As reported in detail at hburgnews, a new student housing complex is one step closer to being built on South Main Street. The 60 acre tract is proposed to feature 466…
Why Have Home Values Remained Stable in the Central Shenandoah Valley?
Some reports indicate that Americans lost over $1,000,000,000,000 (one trillion dollars) in home values in the last three months of 2009. When looking at the sum of the…
Dear Skeptics, What Will It Take For You To Believe?
Earlier this week I posted my monthly market report for Harrisonburg and Rockingham County and I pointed out that there were several indicators that suggested we might be…
Local Real Estate Market Recovery?
I have been waiting a long time to have tangible, factual, good news to share about a recovery of the Harrisonburg and Rockingham County housing market. I think that time…