City Housing Inventory Levels Stabilizing, At Extraordinarily Low Levels
Perhaps inventory levels (number of houses for sale) can only go so low in the City of Harrisonburg. As shown above, inventory levels are "stabilizing" around 100 homes…
Will We See Modest Sized New Homes Built Anytime Soon?
Between 2000 and 2012, three centrally located townhouse developments were built in Harrisonburg: Avalon Woods = 141 townhouses (circa 2001-2005) Beacon Hill = 253…
Is October, Or Even November, 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…
Home Sales Slow Slightly in September But Prices Still On The Rise
Before we dive into this month's market report, check out this featured home in Stone Spring Village by visiting 1520AppleRidgeCourt.com. Now, on to our local real estate…
Early Indications Show Many Home Buyers Contracted in September
Home buying activity slowed for the fourth straight month in September 2018 -- but -- it was 15% higher than it was last September! As shown above, 100 buyers signed…
Buying Decisions Are Not (Usually) Made in Garages, Closets or Unfinished Basements
Most of the time -- buyers are not making their decision about whether to buy your house while they are standing in the garage, staring into a closet or hanging out in…
Which Imperfections Can You Live With When Buying A Home?
If you're looking for a resale, four bedroom home with two full bathrooms, a two-car garage, brick exterior, with a flat lot, walk out basement, privacy, views…
How Your Heat Pump Is Like Your Toenail
It's time for your annual (semi-annual?) physical with your doc -- and as you review your recent health concerns with your doctor you share that you have been having some…
Just Because Major Home Renovations Are Possible Does Not Mean They Are Advisable
Sometimes you'll see a house that doesn't really work for you -- BUT -- it COULD -- with some major renovations. Maybe that's building an addition, adding a garage…
Local Housing Market Cools, Slightly, in August 2018
First, learn more about this new listing in Lakewood Estates by visiting 1285CumberlandDrive.com. Now, on to our local real estate market -- I just published my most…
30 Year Fixed Rate Mortgage Interest Rates Seeming Stable Around (Just Above) 4.5%
Despite the fact that interest rates have climbed almost three quarters of a percentage in the past year -- they are now seeming relatively stable, around 4.5%. Over the…
Fall Is Not The Worst (Nor The Best) Season For Selling Your Home
As is likely no surprise -- the busiest time for home sales (contracts) is SPRING -- followed by SUMMER. Fall, though, is the third best -- ok, also the second worst…