The Speed of Selling Your House
The speed of... everything... has accelerated over the past 10 years. Order something online today, receive it tomorrow. Don't wait a week for each new episode of a show…
Would You Pay More Than Comps Support For A House You Love?
The price you are willing to pay for a house might sometimes just come down to the facts, figures and logic of the market. Similar houses sold for $420K, $425K and $430K?…
How Has Housing Affordability Changed Over Time?
As shown on the graph above, the median home price has been rising a lot more quickly over the past 40 years than the median household income Back in 1985, the median…
Would You Buy A Condo In Downtown Harrisonburg?
Plenty of people live (own homes) in Old Town Harrisonburg... and plenty of people live (rent apartments) in Downtown Harrisonburg. What if we could combine the two…
Sometimes A Great Price Is Only Available On One House
So, you've been planning a home purchase in neighborhood X, Y or Z sometime over the next few months. Thus, you've been monitoring sales prices... $600,000 $620,000…
When Mature Landscaping Becomes Too Much Landscaping
Perhaps you moved into your home 20 years ago... and you lovingly updated the landscaping around the exterior of your home. Excellent! It has probably looked wonderful…
Act Now to Sell This Year
We're rolling into the second half of September... which means... if you want your home to sell this year (2026) then you should be taking action soon. If your home is…
Aspirational Pricing, No More
If you've been watching homes hit the market in Harrisonburg or Rockingham County over the past few months, you might have noticed that some (but not all) pricing is…
Waiting for Significantly Lower Mortgage Interest Rates Might Be a Long Wait
This is how the average mortgage interest rate has trended over the past three years... August 2023 = 7.18% August 2024 = 6.35% August 2025 = 6.56% August 2026 = 6.66%…
Your Home Value Does Not Always Move With the Market
The median sales price of detached homes in Harrisonburg and Rockingham County has increased 2% over the past year. You own a detached home in Harrisonburg or Rockingham…
Harrisonburg Housing Market Slows Heading Into Fall
Happy Monday Morning, friends! I hope you had a wonderful weekend and are looking forward to the week ahead. Technically, it's still summer (by the calendar, and the…
Do You Want Your Offer to Escalate Against an Offer With a Home Sale Contingency
Let's go on a bit of a journey into the past... 10 Years Ago = Occasional escalation clauses, some home sale contingencies. The market was moving steadily, but we weren't…