Should Sellers Feel Confident That A Contract Will Result In A Sale?
If you're selling your home, and it just went under contract (hooray!) should you be confident that it will make it to closing? Yes and no.... YES - Most contracts result…
Home Sales Steady, Prices Slowly Rising in Harrisonburg, Rockingham County
Despite rapidly declining temperatures (15 degrees last night!?) the local housing market is still rather hot! Read on for an overview of the latest market trends in…
Internet Tools Are Great But Cannot Replace Being In A Home
No, Amazon can't deliver you a new home tomorrow -- even if you are a member of Amazon Prime. We are so used to being able to find everything, do everything, learn…
Inventory Levels Seem Unable To Drop Below 250
It's been the story for quite a few years now (at least 10 years, it seems) that inventory levels are dropping -- buyers have fewer and fewer homes from which to choose…
This House Looks Good Online, But...Argh...Not Again!?
If you're looking to buy a house right now, this might be a familiar experience... A new listing hits the market that seems to fit ALL of your needs... the right amount…
Home Sales, Prices Continue To Rise in Harrisonburg, Rockingham County
Autumn is here! Leaves are falling. Temperatures are falling. Home sales are not -- and prices are not! So, brew yourself a cup of coffee or tea, and let's take a look at…
Spend How Much You Want To Spend On A Home, Not Necessarily How Much You Can
Most folks who buy a home this year will not be paying cash. An important early stage of the home buying process is to talk to a lender to become pre-approved for a…
Is October Too Late In The Year To List Your Home For Sale?
I believe this question is best answered by evaluating when buyers make an actual buying decision -- which is when they sign a contract. The data above shows when buyers…
Buying vs Building A Home Over $400K
Most buyers looking to spend over $400K (or certainly those looking over $500K) will also be considering building a new home. Typically, the tension between buying vs…
Home Sales Stable, Median Prices Slowly Rising in Harrisonburg, Rockingham County
Summer might not officially end for another six days, but today has certainly has been a nice taste of the cool Autumn days to come. That said, even if the temperatures…
When To Actually Apply For A Mortgage When Buying A Home
Here are the three sequences I see buyers follow most frequently.... As Late As Possible Guess at what you can buy using online mortgage calculators. Start viewing…
Risk and Reward in Buying College Student Housing Rental Properties
If you are looking to purchase a rental property for your JMU student to live in while they are a student at JMU, there are two basic paths you could go down.... Option 1…