New developments in Harrisonburg, Rockingham County
A gentleman from New Jersey stopped by our office today asking about the area, and trying to get a sense of where the main growth areas of the city and county are…
Determining an offering price in today's market
In making an offer to purchase a home, there are many small and large decisions to make (closing date, home inspection, closing cost credit, etc) --- but the decision…
Why are fewer homes selling in Harrisonburg?
As referenced in yesterday's "My hope for the 2009 local housing market" post, the quantity of home sales has fallen 44% over the past 4 years (between 2005 and 2008). At…
My hope for the 2009 local housing market
I am thankful that we have not seen much of a shift in home values in Harrisonburg and Rockingham County! However, the extremely slow rate of market activity that we are…
What is sustaining home values in our local market?
Over the past few weeks I have examined shifts in home values from several perspectives: The January 2009 Real Estate Market Report showed that even though sales activity…
Meet the Developers and Architect of Urban Exchange
As the development of Urban Exchange progresses, I will be continuing to post interviews on the Urban Exchange web site to provide you with a glimpse into the excitement…
A quickening pace in the local real estate market?
Our company runs over 60 web sites with real estate listings --- the company site, and a web site for each agent. Over the past year there have been hundreds of thousands…
An $8,000 opportunity for first time home buyers!
Just a few hours ago, the long-awaited (by some) stimulus package made its way through Congress, and it will likely be signed by President Obama by the end of the…
Fannie Mae empowers real estate investors!
Fannie Mae's current policies don't allow an investor to finance any more than four properties backed by Fannie Mae. Thus, if you own the home you live in, you could only…
How will Urban Exchange impact Harrisonburg?
Listen in as Barry Kelley, one of the developers of Urban Exchange, talks about the impact that Urban Exchange will have on Harrisonburg. Below is a rough transcription…
The Great Dis-connect: Days on Market
In 2006, 1438 residential properties sold in Harrisonburg and Rockingham County, with an average of 138 "days on market". In 2007, it was 1248 properties with an average…
What are the chances that I will sell your home?
What are the chances that your Realtor (a.k.a. "listing agent") will also represent the buyer of your home? Or, put another way, what are the chances that the agent you…