Eastern Rockingham County Lot Sales - The Ups and Downs
Over the past several years, prices of lots in eastern Rockingham County, particularly in the Peak View school district have increased dramatically. However, in 2007, the…
Assessed Values - What and Where . . .
The assessed value of a property is the value assigned to the property by the local assessor's office, for the purpose of determining how much you will pay in taxes…
Virginia Association of Realtors - November 2007 Sales Figures
On Friday, January 4, 2008 the Virginia Association of Realtors released November 2007 sales data (report, stats) for the various parts of Virginia, separated by local…
A Wider View On The Harrisonburg Real Estate Market
Some people don't like month-by-month analysis, as monthly figures in a market of our size can be deceiving. Every so often, I also look at quarterly figures to look for…
December 2007 - Slower Sales After Two Strong Months
As seen below, the Harrisonburg and Rockingham County real estate market experienced a change in direction this month. October and November of 2007 showed sales quite a…
Foreclosure: 9075 Centreville Road, Bridgewater
Property To Be Sold: 9075 Centreville Road, Bridgewater Date/Time of Sale: Tuesday, January 22, 2008 at 4:00 p.m. Terms of Sale: A deposit of $20,000.00, cash or…
Foreclosure: 2998 Earmans Loop, Harrisonburg
Property To Be Sold: 2998 Earmans Loop, Harrisonburg Date/Time of Sale: Wednesday, January 23, 2008 at 11:00 a.m. Terms of Sale: A deposit of $15,000.00, cash or…
Will We Have Too Much JMU Student Housing?
Last week the Daily News Record reported that 3,700 residential units are under construction, which seemed to be quite a bit of housing for JMU students. Below is a bit…
Foreclosure: 2991 Taylor Spring Lane, Harrisonburg
Property To Be Sold: 2991 Taylor Spring Lane, Harrisonburg Date/Time of Sale: January 15, 2008 at 11:00 a.m. Terms of Sale: A bidder's deposit of $13,200.00, cash or…
Local Housing Inventory Drops 4% Overnight
As we all flipped our calendars to the new year, 29 homes in Harrisonburg and Rockingham County came off the market. This reduced the inventory of homes for sale from 807…
Harrisonburg Homes - True List to Sell Ratios
A statistic that can be very helpful in understanding the state of the real estate market is the ratio between the list price and sale price of a home. For example, 216…
"New-Home Sales Plunge To 12-Year Low"
Such is the headline of a front page article in the December 29, 2007 issue of the Daily News Record, with excerpts such as . . . "The housing market plunged deeper into…