Are you next in line to sell your home?
In Harrisonburg and Rockingham County, looking at the year thus far (thru Oct 31, 2011).... There have been 653 home sales, which is an average of 65 homes per month…
Blog Reader in Sept 2009: Housing Prices Will Fall 30% From Current Levels
I always encourage (and enjoy) healthy skepticism about anything related to the state of the local housing market. If you think I'm off base with my analysis or…
Home sales increase 44% in September
Click here to download my full, 27-page report on the Harrisonburg and Rockingham County real estate market, or read on for highlights.... The housing market in…
Is it wise to put my house on the market in Sept? Oct?
Everyone knows, the summer is the busiest sales season -- but how does the rest of the year compare? And is it reasonable to list a home for sale now (in the Fall) or…
Houses are still selling in the Shenandoah Valley
Home sales have been declining for over five years in Harrisonburg and Rockingham County and median home sales prices have been declining for three years. This causes…
I heard (insert this, that or the other) about foreclosures. Is that going to affect us here in Harrisonburg?
If you hear something about the housing market on the news, it will likely mention the big (bad, scary) problem of foreclosures. Things you may have heard could include…
Are lower inventory levels leading to fewer home sales?
After showing a house to some buyer clients yesterday, we were reflecting on the fact that there don't seem to be too many options on the market in the price range that…
Historical Building Permit Trends in Harrisonburg and Rockingham County
A 20 year history of single family home building permits in Harrisonburg and Rockingham County (shown above) reveals that much of the new home construction is market…
Buyers will act, once there is equity on the table
A house can sit on the market for months, or even years, without selling or even having an offer. Then, the list price is reduced by a negligible amount, and an offer…
Home sales pace, sales price decline in Harrisonburg and Rockingham County
I just completed my monthly analysis of the Harrisonburg and Rockingham County real estate market. Click here for a PDF of the 24-page report or read on for some…
An analysis of current residential listing inventory
Click the image for an easier to read PDF....
Strong Sales, Stronger Contracts, Fewer Homes For Sale
Taking a look at the first four months of 2011, there are some signs of good news in our local market.....and certainly still some indicators that are not quite as…