What do we do if the real estate market stalls out?
I'm not suggesting that the real estate market has stalled out in Harrisonburg and Rockingham County, but in talking to someone in another part of the country (thanks for…
Is Homeownership For Everyone?
Several decades ago (and earlier) home buyers would wait to purchase a home until they had at least 20% of the purchase price saved up in their bank account, and they…
Owner Financing In Harrisonburg & Rockingham County
Can't obtain traditional financing? Perhaps the owner of the house you are purchasing can finance the purchase for you! Actually...there don't seem to be too many owner…
Mortgage Interest Rates Have Never Been Lower -- Get Out Your Calculator!
I had heard from several of my clients this week that interest rates were VERY low --- but I didn't know they were the lowest EVER! Current rates are the lowest on…
Why Have Home Values Remained Stable in the Central Shenandoah Valley?
Some reports indicate that Americans lost over $1,000,000,000,000 (one trillion dollars) in home values in the last three months of 2009. When looking at the sum of the…
Is It Better to Buy or Rent?
Lots of people who are renting have thought about buying . . . and lots of people who are thinking of buying wonder whether they should keep renting. Here's a highly…
How To Close On Your Home Purchase ON TIME!
It is a challenge! It seems that these days over half of home purchases don't close on time, and it is often because of delays in the financing process. Financing…
Understanding The Sales Market Via The Rental Market
I was forwarded an article from CNN Money that offers an interesting perspective on understanding how home values may perform in the coming year(s).... "In normal times…
What Happens If My Neighbor Is Foreclosed Upon?
Thankfully, the Harrisonburg and Rockingham County real estate market is not greatly affected by foreclosures and short sales. Many people ask why we haven't seen an…
Brand New Good Faith Estimate AND Settlement Statement (HUD-1) Coming in 2010!
The U.S. Department of Housing & Urban Development approved (some time ago) two updated forms that are CENTRAL to the real estate transaction. These two new forms will go…
Selling For A Profit All Depends On When You Bought!
Thankfully, the value of homes in Harrisonburg and Rockingham County hasn't taken a nose dive like has happened in many other markets. As you can see below, modest…
Re-visiting 2006 Real Estate Predictions for Harrisonburg and Rockingham County
Much has changed in our local real estate market over the past threeyears, and yet, much has not changed at all. Let's examine today'smarket from the context of just…