What To Expect For The Second Half Of The Year In Our Local Real Estate Market
I spent some time this past weekend cleaning up my crystal ball - oh wait, no, I was cleaning my garage. My crystal ball is always ready and waiting to convincingly and…
Which Terms Are Usually Most Important To Home Sellers When Receiving Multiple Offers?
It's all about money, right? Well - not always. If you are making an offer on a house and you will be competing with other buyers who are also making offers, there is…
How To Make An Offer On Your Dream House
How, you might ask, do we go about getting from the point of wanting to make an offer --- to actually making the offer? Here's a brief overview.... Obtain a pre-approval…
Boom, Just Like That, 2020 Buying Activity Is On Par With 2019 Trend
Buyer activity has been lagging this year -- in fact just a few weeks ago there were 5.5% fewer contracts signed in 2020 as compared to 2019. But, not any longer! As of…
Everybody Refinancing Their Homes Seems To Be Slowing Down The Purchase Mortgage Market
Depending on the details (rate, term, etc.) of your current mortgage it might be a great time to refinance your mortgage. Interest rates are at RECORD low levels…
Having Difficulty Finding Homes Under $200K? Here Is Why!
The blue line shown above is showing you the change in the number of homes for sale under $200K in Harrisonburg and Rockingham County. As you can see, this segment of our…
Local Home Prices Still Rising Despite Slightly Fewer Home Sales
Happy Monday Morning! We're nearly halfway through the year now, and it has been a year like no other when it comes to our local real estate market and in so many other…
Gap In 2020 Home Buyer Activity Starting To Close?
Welcome to June! It seems that the pace of home buying activity might (??) be starting to pick back up again during June... At the end of May, the YTD pace of buyer…
Sometimes A Full Price Offer Just Is Not Enough!
It has happened to several of my clients lately -- we have made a full price offer with reasonable contingencies (home inspection, radon test, appraisal, financing) and…
How To Plan Your Move If You Are Both Buying and Selling A Home
Moving from one house to another is tough work! Even tougher (sometimes) is arranging the timing and logistics to work well for all parties. If you're selling a house in…
At Start of Phase Two the Pace of 2020 Contract Signing Is Still Slowing
Welcome to Phase 2 in Virginia, folks! :-) Here's a quick summary of what is changing... Social distancing of 6 feet continues Gatherings of up to 50 individuals…
The Drop Off In Real Estate Activity Has Not Been Drastic
In talking to my dad yesterday, he reflected that it seemed like the drop off in real estate activity had not been drastic. I agreed. We have seen somewhat of a decline…