Low to Mid Priced Homes Are Sustaining The Market
Home sales have certainly started to bounce back in 2010... Skeptics certainly won't believe we're making any progress until we pass June 30th and the end of the tax…
Everything Will Sell, At A Price
This is a story of quickly rising, and quickly falling real estate values. In Harrisonburg. Despite a relatively stable overall housing market. Some parents of JMU…
Home Sales Slow, Prices Remain (Somewhat) Steady In Harrisonburg, Rockingham County
Click here or on the image below to view the full April 2010 Harrisonburg & Rockingham County Real Estate Market Report (PDF). Read on below for a few highlights. Mixed…
Big Homes Are Selling Fast
Despite high inventory levels in the upper end price ranges in Harrisonburg and Rockngham County, large homes (3,000+ square feet) are currently selling faster than they…
Standing Firm: The Harrisonburg and Rockingham County Real Estate Market Holds Steady In February 2010
Click here or on the image below to view the full March 2010 Harrisonburg & Rockingham County Real Estate Market Report (PDF). Read on below for a few highlights. Some…
If At First You Do Not Sell, Reduce The Price!
Good News! An amazing 31% of homes currently selling do so within 90 days of being listed. An additional 35% (for a total of 66%) sell in 3 to 6 months of being listed…
The Buyers Rushed In, But Have Now Rushed Out (Or Have Been Pushed Out)
Harrisonburg has steadily grown over the past ten years, and thus I would expect that we would see a gradual, steady increase of home purchases. The recent history of…
Harrisonburg City Assessments Compared To Home Sales Prices
The new 2010 real estate assessments are out and I thought it might be of interest to compare these new assessed values to the prices for which properties are actually…
Understanding The Sales Market Via The Rental Market
I was forwarded an article from CNN Money that offers an interesting perspective on understanding how home values may perform in the coming year(s).... "In normal times…
January 2010 Shows Positive Momentum In The Harrisonburg and Rockingham Real Estate Market
Click here or on the image below to view the full February 2010 Harrisonburg & Rockingham County Real Estate Market Report (PDF). Read on below for a few highlights. As…
Starter Home Buyers Increase, High End Home Buyers Decrease . . . And Prices Remain Constant??
Jennifer Chapman, one of my associates at Coldwell Banker Funkhouser Realtors brought some very interesting data to light yesterday. She noticed that there are fewer and…
January 2010 Harrisonburg and Rockingham County Real Estate Market Report: Prices Edge Down Slightly, Declines in Sales Pace Gently Slow
Home sales finished out at a respectable level in 2009, showing only a 13% decline from 2008 as compared to the 25% decline in sales pace seen between 2007 and 2008. The…