Local Homes Sales Up 14% YTD Despite Slower Sales in October 2016
Learn more about this month's featured property: 429 West Marshall Avenue I just published my monthly report on the Harrisonburg and Rockingham County real estate market…
Home Buyers Continue Fast Pace of Contract Signing in October 2016
An early look at home buying activity (contracts being signed) in October 2016 indicates that the local real estate market is still not showing any signs of slowing down…
Does buying or leasing make more sense with a two year time frame?
Does buying or leasing make more sense with a two year time frame? It depends on the price range, how much of a down payment you are making, whether you are willing to…
Annual Pace of Home Sales Set to Rise in 2016
Take a look at the astonishing pace of home sales thus far in 2016. As shown above, the Jan-Sep home sales this year already exceeds the Jan-Oct home sales for the past…
Astonishingly High Home Sales in September 2016
Learn more about this month's Featured Property: 953 Greenbriar Drive I just published my monthly report on the Harrisonburg and Rockingham County real estate market…
Is It 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…
Record Number of Home Sales in August 2016
Learn more about this month's Featured Property: 3465 Izaak Walton Drive I just published my monthly report on the Harrisonburg and Rockingham County real estate market…
Mortgage Interest Rates Continue to Hover at Absurdly Low Levels
Maybe mortgage interest rates will never rise??? I have been thinking they would rise for quite a while now (years) but they just keep getting lower. Today's average rate…
How many houses will you really be choosing from?
If you are entering the market to buy a home, the number of homes you will have to choose from will vary widely based on what you are looking for in a new home. Some…
Are home sales trends catching up with population growth?
click here for a larger image The Weldon Cooper Center 2015 Population Estimates show that Harrisonburg and Rockingham County are growing, as usual. 2015 Population…
Fall is not the worst time to sell your home
It is, however, the second-worst time of the year to sell your home. The data above reflects the timeframe during which properties went UNDER CONTRACT -- not when they…
84 out of 100 buyers are buying for less than $300K
Looking at home sales in the past year we find that.... 8% of home sales were under $100K 57% were under $200K 84% were under $300K 94% were under $400K Clearly, that…