In The Real Estate World, It Is Almost Time For Kids To Go Back To School
Yes, I know, I know, the school year hasn't even ended yet. So why am I already thinking about when school aged kids are going to be going BACK to school in the Fall!?!…
90 Acres Of Land In The City Of Harrisonburg Sold For $6,775,000 For Development Of Bluestone Town Center
It's official -- the 90 acres of land to be used for the development of Bluestone Town Center has been officially purchased, as of yesterday, by a corporate entity (EP…
Employment Growth, Not Just Population Growth, Is A Leading Cause Of Local Housing Inventory Shortages
In conversation with a friend a few weeks ago, he commented that we wouldn't have as much of a shortage of housing inventory if there weren't so many people moving to the…
The Probability Of Selling Your Home Is Still Hovering Around 99 to 100 Percent
Will I be able to sell my home? Almost certainly, YES! For the past few years, the probability of selling one's home (just about any home!) has been extraordinarily high…
Run The Numbers On Selling And Then Buying A Home
If you will be selling your home to buy another, there are a lot of numbers floating around.... what you'll sell for your closing costs when selling your mortgage payoff…
No, You Do Not Need To Round Your List Price Up To Give Yourself Room To Negotiate
Let's say that after we review the market analysis of your home together we decide your home is likely worth $550,000 in the current market. Being a reasonable home…
Will A $300K Townhouse Be More Expensive In The City Or The County?
It sounds like a trick question, right? Will A $300K Townhouse Be More Expensive In The City Or The County? Certainly, my monthly payment for a $300K townhouse in the…
Higher Mortgage Interest Rates Are Making Would Be Home Buyers More Thoughtful About Offers
Back when mortgage interest rates were 3% - 3.5%... 10:00 AM - new listing hits the market 10:10 AM - drive by 10:11 AM - text Realtor to set up showing 1:30 PM - walk…
Home Sellers Still Are Not, For The Most Part, Accepting Home Sale Contingencies
As we make our way through the spring real estate market, plenty of folks are getting geared up to buy a home. Some of those would-be home buyers also need to sell their…
Many New Residential, Commercial Developments Planned Or Underway In Urban Development Area
(click the map above for a larger version) There are LOTS of new developments (both residential and commercial) planned, proposed or under construction in the Urban…
Harrisonburg Considers An Additional Increase In The Real Estate Tax Rate
It's that time of year again... the City of Harrisonburg must decide how much money it can, will or must spend... and where that money will come from. City Council met…
Will We See Thousands Of New Rental Properties In The Harrisonburg Area Over The Next Few Years?
Here's a summary of potential upcoming rental developments in or near Harrisonburg... Altitude Apartments, Phase 2 (102) Bluestone Town Center (~600) Apartments at Peach…