Local market insight since 2007
These are all true... [1] Contract Activity Up 5% In October 2023 Compared To October 2022. [2] Contract Activity Down 51% In October 2023 Compared To October 2021. [3]…
Some localities in Virginia, such as Loudoun County, are growing quite quickly. Loudon County is tops on the list for population growth over the past 12 years as shown…
In reviewing a recently proposed rezoning request for a new residential development, I found this insightful comment from Rockingham County Public Schools... "This…
Mortgage interest rates -- and whether they are high, or low, or higher, or lower -- are not the only or even the primary factor affecting any given real estate market…
Spoiler alert - I have no concrete answers to the question above. :-) The median sales price of attached homes (duplexes, townhomes, condos) was $247,565 in 2022. Thus…
In June 2022 the annual pace of home sales activity in Harrisonburg and Rockingham County peaked at 1,727 home sales in the previous 12 months. Now, as of the end of…
We may soon see another residential development near the intersection of Stone Spring Road and Spotswood Trail. Two parcels totaling 25.5 acres are currently zoned A-2…
Happy October, Friends! October is one of my favorite months of the year... for quite a few reasons... 1. Cool mornings, warm afternoons and then cool evenings again. 2…
An important first step in considering your first or next home purchase... is talking to a qualified mortgage lender to better understand your potential monthly mortgage…
In 2020, 2021 and 2022, almost every new listing had LOTS of interest and likely had multiple offers. There was some variation by price range and property type, but they…
Federal student loan payments were paused for three and a half years. For graduates who attended public schools, the average federal student loan debt at graduation seems…
All the way through 2019, we would see a seasonal decline in housing inventory levels each winter. Inventory levels would typically be the lowest between November and…
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