Local market insight since 2007
❤️ Happy Valentine's Day! ❤️ For those of you that just *love* reading my market reports each month... consider today's report my valentine to you. 😉 That said, the real…
The developer of Preston Lake, Evergreene Homes, is proposing a rezoning in the City of Harrisonburg to allow for the development of a new neighborhood across Port…
Plenty of you won't sell your home this year. You might not sell because... [1] You love your home. [2] You don't want to trade your mortgage's 3-point-something interest…
OK, see if you can follow me on this one... When mortgage interest rates were low (below 4% for a while) buyers could afford most houses they wanted to pursue…
I think more of us might be in this category than anyone realizes. About 80% of homeowners have a mortgage rate below 5%. About 60% of homeowners have a mortgage rate…
Plenty of houses are taking a while to sell these days... sometimes weeks and even months. But... some are selling VERY fast, with LOTS of offers. Case in point - a house…
Above is a recently updated map of the Urban Development Area. Some updates to be aware of... [1] Site work has begun for Wentworth Apartments. [2] An extended stay hotel…
Mortgage interest rates have been dropping for the past three months -- BUT -- they are still much higher now than where they have been for most of the past 10+years. As…
Getting ready to build your dream home? Exciting!!! Did you find the perfect building lot in a neighborhood? Or an ideal 2.5 acre lot in the County where you plan to…
One option you will have when finalizing your loan terms with your lender will be buying down your mortgage interest rate. Current mortgage interest rates are right…
For anyone preparing to sell a home shortly-ish after the first of the year, they may have had a temporary setback in the way of SNOW -- that didn't melt in the short 48…
Lots and lots of townhouses in and near Harrisonburg are owned by investors. I know, that's a very exact and precise figure. ;-) Anecdotally, I've seen some of those…
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