Home Sales Steady in Harrisonburg, Rockingham County in First Half of 2017
Check out fantastic home for sale on Central Avenue! June 2017 flew by like a blur -- and although home sales were a bit slower than in May 2017 -- nearly all housing…
Lots of showings could mean your home is priced well, or that the market is lacking supply
This low-inventory market we're in is certainly providing some new perspectives.... If you are having a LOT of showings of your house -- it MIGHT mean that your house is…
Limited Options for New Townhouses in Harrisonburg
One of the reasons why the under $200K market is inventory-challenged right now is because there is very little new construction happening in this price range. Over the…
58% Drop in Under $200K Listing Inventory
One of the most striking changes in inventory levels has been the "under $200K' market, where we have seen a 58% decline in the number of homes for sale. A small part of…
Best May Home Sales Ever!
Check out this immaculate rowhouse at Preston Lake with a rooftop terrace! Wow! Both the temperatures and our local real estate market are certainly heating up! I just…
Home Sales Slow Slightly in April, Perhaps Due To Low Inventory Levels
Don't miss out on this fantastic four bedroom home in Barrington -- details here. OK -- now for your local real estate news! Happy May, everyone! I have published my…
Ravenous home buyers are still picky eaters
Inventory is low -- buyers do not have many choices of homes to purchase -- but that doesn't mean they'll buy ANYTHING. Buyers are still being relatively picky, not…
Buyers have to be ready to act FAST these days!
So many homes these days are going under contract QUICKLY and sometimes with MULTIPLE OFFERS! Depending on the house, and the location, and the condition, and the price…
Is a balanced market always this fleeting?
The graph shown above is an illustration of changing inventory levels (blue line) and the number of buyers buying in a six month period (orange line). The point at which…
Half As Many Options for Buyers Under $200K
Housing inventory levels are declining in Harrisonburg and Rockingham County, but perhaps none so precipitously as the under $200K market. As shown above, there are HALF…
Strong Home Buying (Contract Signing) Activity in March 2017
This beautiful home is 2930 Brookstone Drive - check it out here! Wow! March was a wild and crazy month in the real estate world in Harrisonburg and Rockingham County…
All market indicators are positive for home sellers
Sellers are certainly enjoying themselves these days. Perhaps because it wasn't too many years ago that sellers were having a difficult time selling their homes. My oh my…