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OK -- I'll point out, from the start, that I'm making things a bit more complicated here. I'll partially blame Derik, as he asked the question. OK - the graph above, is…
One of the reasons why the under $200K market is inventory-challenged right now is because there is very little new construction happening in this price range. Over the…
One of the most striking changes in inventory levels has been the "under $200K' market, where we have seen a 58% decline in the number of homes for sale. A small part of…
As shown above -- over the past nine years there have always been at least 200 (and usually around 300) homes for sale under $200K. Well, those times may be behind us…
Housing inventory levels are declining in Harrisonburg and Rockingham County, but perhaps none so precipitously as the under $200K market. As shown above, there are HALF…
Would it surprise you if I told you an architect thinks you should build a custom designed home? Probably not. Sorry, Charles. :) In discussion with Charles (ok, virtual…
Learn more about this month's featured property: 130 Bedford Place I just published my monthly report on the Harrisonburg and Rockingham County real estate market. Jump…
We have established that there aren't many homes for sale right now, but the under $200K market has seen some of the largest changes in inventory levels. As shown above…
I am not kidding around when I tell my buyer clients that there have never been fewer options of homes to buy than RIGHT NOW! I have been tracking housing inventory since…
General market recovery (in both pace and price of sales) may finally be resulting in a return of new construction single family home sales. As shown above, we may see a…
Rates continue to stay quite low this summer -- hovering between 4% and 4.25%. Whether you are buying a re-sale or new construction home, this is a great time to lock in…
Construction is underway on a new model home at Heritage Estates, a 55+ community on Garbers Church Road adjacent to Heritage Oaks Golf Course. If you, or your parent(s)…
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