Foreclosure: 2437 Mosby Court, Harrisonburg
Property To Be Sold: 2437 Mosby Court, Harrisonburg, VA Date/Time of Sale: January 3, 2008 at 3:00 p.m. Terms of Sale: A deposit of $10,000.00, or 10% of the sales price…
Counting JMU Students
In most situations, it's o.k. if we aren't working with an exact number for JMU enrollment. However, many developers are currently spending a lot of money to build…
Harrisonburg Rental Market In December
Many tenants look for new rental property during the summer months --- whether because of a school transition, or otherwise. Thus, many speculate that it is, or would be…
Harrisonburg High-End Real Estate Market
Each month I run the same series of calculations to determine how supply and demand relate in several price ranges --- less than $200k, $200k - $350k, and $350k and up…
Still Looking For The Perfect Gift Idea??
Consider buying your loved one a house --- with a large supply of homes in our area's upper price range ($350k +), you will have plenty of selection, and may be able to…
Negotiations: Speed vs. Enforceability
Negotiating a contract can take place verbally, or in writing -- there are advantages and disadvantages of each strategy. Almost always, the (prospective) buyer makes the…
Buying College Student Rental Property
Lots of people consider buying investment properties -- and in Harrisonburg many people start by investigating college housing. Some don't end up buying, and here is why…
Driven Down Old Furnace Road Lately?
Construction is booming on Old Furnace Road --- making way for "Latitude 38", a 228-unit, 800+ bedroom complex of student housing for JMU students. Some public details of…
Price Corrections . . . How It Affects Us Right Here At Home
A friend (thanks Randy) pointed me to an interesting article published last month by Fortune Magazine that used some interesting data analysis to come to the conclusion…
Does Remodeling Pay Off?
Each year, Realtor Magazine partners with Remodeling Magazine to deliver a Remodeling Cost vs. Value Report which analyzes the average cost recouped for a variety of home…
Supply and Demand --- Market Forces At Work
Each price segment of the Harrisonburg and Rockingham County real estate market is experiencing something somewhat different. Each month I break it down into three basic…