Summer is over, but it is not too late to get your house on the market
Yes, you are correct, you likely missed the most active months of home buying in our local market -- last year more buyers bought in May through August then in any month…
Market segments under $300K are the healthiest
The "months of supply" illustrated in the graph above shows how many months it would take to sell all homes currently listed for sale in each price range given the…
Inventory Levels Headed Down For The Winter
Wait... what?? Inventory levels are headed down... for the winter?? Yep, in some ways, we're already in that seasonal decline. Inventory levels have declined over the…
August 2015 Harrisonburg Housing Market Report: Home Sales Up 6%, Prices Up 7%
Learn more about this month's Featured Property: 1368 Bluewater Road I just published my monthly report on the Harrisonburg and Rockingham County real estate market. Jump…
Are sellers accepting home sale contingencies?
Based on the analysis above, it would seem that sellers are not (in almost all cases) accepting home sale contingencies. Here's the logic.... A seller would (almost…
July 2015 Harrisonburg Housing Market Report: Home Sales Hit Seven Year High
Learn more about this month's Featured Property: 2826 Brookshire Drive I just published my monthly report on the Harrisonburg and Rockingham County real estate market…
How many homes will you have to choose 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…
Layout is a very important factor, especially in an expensive home
If a buyer is buying over $400K, or even over $300K, the layout of the home becomes very important to them. That is not to say that it is unimportant for a $200K buyer…
June 2015 Harrisonburg Housing Market Report
Learn more about this month's Featured Property: 2550 Ramblewood Road I just published my monthly report on the Harrisonburg and Rockingham County real estate market…
Single Family Homes Under $100K in the City of Harrisonburg
Buying a single family home in the City of Harrisonburg for less than $100K is becoming more difficult again as the market improves. While the 2015 data point (above) is…
How to buy a house (everything leading up to moving day)
Purchasing a home can be fun, exciting, thrilling, and fulfilling….but that very same process can also have its moments of being hard, frustrating, disappointing and…
Mortgage Interest Rates Edge Up Slightly
30-Year Fixed Mortgage Interest Rates have edged up slightly over the past few weeks, to a national average of 3.84%. That means that there have certainly been lower…