National average rates at 5.17%, local rates at 4.875%
As I mentioned a few days ago, low interest rates are helping people in this area cut down their monthly housing costs. And yet interest rates keep falling further…
Search for real estate deals using NEW Price Per SF tool
Several exciting upgrades to my web site have been in the works, the first a convenient mortgage calculator, and now we have added the ability to search by price per…
Are high priced homes selling in Harrisonburg and Rockingham County?
Peruse my most recent monthly market report and you're certain to notice that our market (Harrisonburg & Rockingham County) has a very large supply of homes priced above…
Current (Incredibly low) interest rates can make a significant difference in a monthly budget!
Here's an insightful article from yesterday's Daily News Record that uses a local example to show what a significant impact current interest rates can have on a family…
Timing the housing market, when to buy and sell...
Thanks to John for this insightful comment... "A great cliche about the housing market (and the stock market, too): Most people get in too late, and they get out too…
New rules limit real estate investors to four loans
One of my clients forwarded me a story from the Atlanta Journal-Constitution, which discusses new Fannie Mae and Freddie Mac rules that states that Fannie and Freddie…
Is Harrisonburg a safe place to live?
My brother-in-law works for the Harrisonburg City Police, which makes me feel safe, but let's check another source.... Sperling's Best Places ranks cities and towns on…
Home Sales History in Rockingham County Towns
After yesterday's analysis of year-to-year residential sales in Harrisonburg and Rockingham County, I thought it might be interesting to compare similar sales trends in…
Breaking Economic and Real Estate News
All kinds of news over the last few days related to our local real estate market and our local economy... Bridgewater annexes 45 acres for new housing development Office…
LIFE is the trump card of our local real estate market!
In talking to a client last evening, I was asked why our local real estate market isn't doing as poorly as some others in the region or across the country. Some real…
Have you driven on Harrisonburg's roundabout? If not, you might want to practice online first!
My son played in the City's Shenandoah Valley United soccer program this fall, so we had plenty of opportunities to go use Harrisonburg's first roundabout -- if you…