So, you're looking for a house with a pool, are you?
There aren't too many houses with swimming pools in Harrisonburg and Rockingham County --- at least not that many that you can actually buy. To refine it even further…
Both builders and buyers now prefer custom homes over spec homes
These definitions do not describe all possible situations, but they will give you a general idea of the two ways to go about buying/building a new home.... CUSTOM HOME: A…
Smiling: I absolutely LOVE your house (whispering: but I have to sell mine)
I've been on both sides of the table, multiple times, in the past three weeks. Deals that should come together, but won't necessarily, yet. These days, it seems that…
In a market upswing, crying over missed past buying opportunities can lead to even more tears
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…
Estimating your housing payment as a first time buyer
I often have conversations with people considering their first home purchase who want to first get an idea of how much they would have to pay for housing on a monthly…
The balancing act of a home seller. Don't price too high, or too low!
This eternal pricing challenge is true more than ever now, in a market that still favors buyers.... FIRST -- It is imperative to price your home competitively (not too…
Is the window of maximum negotiating ability closing?
Hidden in yesterday's monthly market report was this new graph that explores the amount that sellers negotiate off of their asking prices. As you can see, at the peak of…
Researching townhouses in Harrisonburg? Visit HarrisonburgTownhouses.com
I have just updated the market data and other information on HarrisonburgTownhouses.com --- your all encompassing resource for finding out about townhouses in the…
Mortgage interest rates continue to do the limbo . . . how low CAN they go?
The average 30 year fixed mortgage interest rate is now below 3.5% -- and for that matter, has only been above 4% for one week this year. If you're buying, talk to your…
Summer, Fall best time to get low mortgage interest rate
Check out this interesting analysis from Dan Green, showing that interest rates are typically lowest in the summer and fall. Talk to a lender now if you're thinking of…
To rent, or to buy a Harrisonburg townhouse
In meeting with a potential buyer of a City townhouse yesterday, we found ourselves comparing the opportunities in buying versus renting. RENT = $900/m. There are…
Six months into 2012, local housing market shows signs of steady improvement
BREAKING NEWS -- six months into 2012, home sales are up, prices are up, inventory is down, and mortgage interest rates are down! All of this spells good news for the…