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In the fictitious value trend graph above, the best opportunities were yesterday (or some time before now). As a housing market starts to improve, some buyers have a…
Seven months into 2012, the Harrisonburg and Rockingham County housing market is showing signs of steady improvement in the pace and price of home sales. Click here to…
I have just updated the market data and other information on HarrisonburgTownhouses.com --- your all encompassing resource for finding out about townhouses in the…
It's a tough time to sell a building lot in Harrisonburg or Rockingham County. Before the real estate boom of 2003-2007, roughly 200 lots sold per year. In recent years…
As referenced a few weeks ago, demand is growing for new homes --- and it has been a busy (past) month at Founders Way Condominiums, with three condos selling -- leaving…
I've been hearing that a lot lately..... Contracts are on the rise --- and more and more of the competitively priced listings are selling, and selling relatively quickly…
Let's suppose you have a house listed for sale for $300K. But keep in mind that you just lowered it to $300K from it's previous price of $309K. How would you respond to…
Timing is everything when it comes to real estate. For example, 2006 was not the best time to buy, and 2011 was not the best time to sell. But moving beyond those obvious…
Plenty of townhouse buyers from the past five years would now like to sell their townhouse and move up to a single family home. But it has been difficult to do so…
The chart above is calculated based on comparing this year's median sales price to the median sales price in each of the prior eleven years. Several key points to take…
I have had five transactions thus far this year where this dynamic seems to be at play.... The diagrams above are not showing the new reality for all lenders --- it is…
OK, admittedly, I don't have any data readily available to back this one up -- but in almost all cases, it seems that a quick 6% price reduction (for example) will work…
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