Preston Lake developer seeks approval for expansion, higher density
Preston Lake, a large mixed use development east of Harrisonburg began selling homes in 2008, was foreclosed on by Wells Fargo in 2011, and was then acquired by a…
One Third of Homes That Sell Do So Within 90 Days
Homes that are selling these days are doing so relatively quickly. In fact, more than 1 out of 3 homes (35%) that sells closes less than 90 days after being listed for…
Home Sales, Prices Rising in Harrisonburg, Rockingham County
Featured Home: 1787 Broadridge Drive, Harrisonburg, VA I just published my monthly report on the Harrisonburg and Rockingham County real estate market -- and despite a…
Townes at Bluestone selling quickly
If you were hoping to buy a townhouse at The Townes at Bluestone, act quickly! There is one remaining building in Section One, with seven townhouses. Of those seven.... 2…
Harrisonburg Area Home Sales Continue Upward Climb
Featured Home: 2000 Marigold Circle, Harrisonburg, VA I just published my monthly report on the Harrisonburg and Rockingham County real estate market -- and there is…
Preston Lake no longer underwater
Preston Lake, a large (500-ish unit) mixed use development east of Harrisonburg began selling homes in 2008, was foreclosed on by Wells Fargo in 2011, and was then…
$600K+ home sales bouncing back
Admittedly, there are still quite a few (38) homes for sale in this price range compared to the number that are selling (perhaps 9 or 10 per year) but it is encouraging…
Local Home Sales Rise to New Heights
Featured Home: 880 Mockingbird Drive, Harrisonburg, VA I have just released my October 2013 Real Estate Market Report for Harrisonburg and Rockingham County. Click here…
What comes next for our local housing market?
When viewed from a long term perspective, every real estate has peaks and valleys – some larger than others. Our local housing market experienced a tremendous peak in…
Are you selling a house listed for more than $400K?
How then, does a seller of a house over $400,000 make their house stand out? How do you best position yourself to be one of the four houses to sell this month?…
Inventory levels down but headed up
Inventory levels (the number of homes for sale) are down 3% as compared to this time last year. That said, inventory levels generally declined between May and September…
Home Sales Soar (+22%) and Prices Inch Upward (+2%) Though Mostly in Lower Price Ranges
I have just released my September 2013 monthly market report covering the Harrisonburg and Rockingham County housing market. If you remember nothing else, remember…