Seasonality Might Matter A Bit Less For Sellers Given Low Inventory Levels
If you had asked me a year or two ago whether it was a good idea for a homeowner to list a home in November (if they would be fine waiting until Spring) I would have said…
Harrisonburg Area Home Sales Over $500K Continue To Soar In 2020
Only 5% of local home buyers spend $500K or more on their home purchase (per sales data over the past year) but this segment of the local housing market has been strong…
Contract Activity Continues Full Steam Ahead In October 2020
Home sales usually start slowing down in October - but not this year. In the first two weeks of October we usually see forty-something contract signed by buyers and…
Different Strategies for Buying A Rental Property For Your College Student
If you are looking to purchase a rental property for your JMU student to live in while they are a student at JMU, there are two basic paths you could go down.... Option 1…
Sometimes Buyers React Irrationally To Home Inspections
The purpose of a home inspection contingency is to allow a buyer to learn more about the property they have contracted to purchase -- and then to request repairs to the…
Harrisonburg Area Home Sales and Prices Soar In September 2020!
Happy Monday Morning! What a wild year this has been - and it is now, already, more than three quarters of the way to the end. Many things have been turned upside down in…
Large Mixed Use Development With 728 Homes (Plus Commercial Space) Planned On 133 Acres Just Outside Harrisonburg
Download the master plan as a PDF here. A 133 acre mixed use development is in the planning / approval process in Rockingham County - just south of the City of…
How Quickly Should You Make An Offer On A House?
It depends on how much perfect that house is for you... ...and how rare that perfection is... How Perfect If that new listing has absolutely everything you are dreaming…
Is Average Price Per Square Foot A Useful Metric In Pricing A Home?
Some folks might wonder whether analyzing a home's "price per square foot" is a good way to understand market value. Let's take a look by analyzing a data set of…
Buying A Home In An Under Supplied Segment Of The Market
There are plenty of segments of our local housing market where it is HARD to buy a home right now. There are waaaaay more buyers than sellers in the market and the…
Selling A Home In An Under Supplied Segment Of The Market
Nobody needs to feel bad for a seller of a home in an under supplied segment of our local housing market. After all, they are likely to sell their house quickly, and for…
Analyzing the Accuracy of Zillow Zestimates In Harrisonburg and Rockingham County
download the infographic above as a PDF Do homeowners enjoy checking out the Zillow Zestimate for their home? Yes Are Zestimates accurate indicators of market value of…