Are Lumber Prices Finally Starting To Normalize?
If you haven't heard -- lumber prices skyrocketed during COVID. The graph above shows only the past 12 months. If we look a bit further back we can get a bit more…
The Housing Inventory Shortage Is Not Likely To Quickly Work Itself Out
Did you hear that... they had five offers within 24 hours... that house had 35 showings and 10 offers... there were 17 showings and eight offers... It's not happening on…
Home Sales Soar In First Quarter of 2021 in Harrisonburg, Rockingham County
Happy not-really-tax-day, friends! (taxes are due May 17 this year) What a wild first three months of the year it has been thus far in the Harrisonburg and Rockingham…
What Could Cause Home Prices To Fall?
Home prices have been on a tear (having great success over a period of time) for the past year+. Many home sellers are delighted to find out what a buyer is willing to…
How To Solve The Housing Inventory Crisis
Here are the top three ways to solve our current housing inventory crisis... New Construction New Construction New Construction No, but really. Keep reading to find out…
Why Is Unmet Home Buyer Demand So High In Harrisonburg?
Earlier this week I was chatting with some friends and clients who relocated out of Harrisonburg (out of state) nearly a decade ago. They are now looking to move back to…
My Predictions for the 2021 Real Estate Market
As I mentioned yesterday, my 2020 predictions for our local housing market were WAY off base. :-) I did not see such a strong market coming, and if I had known about…
Where Might You Build Your New Home In Harrisonburg or Rockingham County?
Where might you build your new home? There are 118 building lots for sale in Harrisonburg and Rockingham with public water and sewer priced under $200K. The list below…
Harrisonburg Area Home Sales and Prices Soar In September 2020!
Happy Monday Morning! What a wild year this has been - and it is now, already, more than three quarters of the way to the end. Many things have been turned upside down in…
Will COVID Cause Local Home Prices To Decline?
I still get this question from time to time and my general thought, at this point, is that it is quite unlikely that COVID will cause home prices to decline locally. Home…
New Home Communities Boost Listing Inventory, Contract Activity, Closed Sales
Inventory levels have been low and getting lower for the past few years - but several new home communities have launched during that time that have provide more options…
My Predictions for the 2020 Real Estate Market
As is my annual tradition, I am making some predictions about what we'll see in the Harrisonburg and Rockingham County real estate market in 2020. Above, you'll note that…