Local market insight since 2007

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Advice to sellers in a buyers market

As I mentioned yesterday, when interviewed by WHSV, there is still somewhat of a stalemate of buyers and sellers. Some sellers are holding their prices a little higher…

Jump out there and make the offer!

Home sales are slow which means that buyers will likely be able to negotiate on the price of the home they hope to purchase. All of my clients that have ears know this…

What sold in November 2008?

As my November 2008 monthly market report shows, November 2008 was a rather slow month for real estate sales --- only 40 properties sold (closed) in Harrisonburg and…

Mandatory water conservation for Harrisonburg?

A week or so ago I noticed an announcement on the City of Harrisonburg's web site stating that voluntary water conservation was in effect. I was a bit intrigued, but I…

Banks eager for short sales!?

A short sale is one where the sales price was insufficient to pay the total of all liens and costs of sale; and where the seller did not bring sufficient liquid assets to…

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