Home Prices Still On The Rise Despite Fewer Home Sales In 2023
Happy Thursday afternoon, friends! The spring real estate market is upon us -- though it looks and feels a bit different than it did over the past few years. Read on for…
Make The Offer You Are Comfortable Making Even If You Suspect It Will Not Succeed
As a would-be buyer in a competitive seller's market you might find yourself thinking that you need to... [1] offer over asking price [2] include an escalation clause [3]…
The Amount You Are Comfortable Paying For Your Next Home Might Be Different Than The Amount Your Lender Would Let You Spend
So, you took my advice and talked to a mortgage lender to get a sense of what you are qualified to spend and to get a feel for potential mortgage payments. Great! You had…
Homes Are Selling Quickly, Often At Or Above The Asking Price, But...
Homes are selling quickly... often at or above the asking price... but... ...that doesn't mean you can put any price on your home and successfully sell quickly and at or…
How Patient Are You Willing To Be To Get Into THAT Neighborhood?
There are some neighborhoods in the City of Harrisonburg and Rockingham County where it seems like homes NEVER come on the market. They are often GREAT neighborhoods for…
Consider How Soon You Will Need To Replace These Items When Purchasing A Home
Many aspects of any home that you might purchase will likely never need to be replaced, for example... [1] the foundation [2] the wall framing [3] the plumbing Some items…
First Look At Contract Activity In March 2023
In the next week or so I'll provide a much fuller analysis of what March (and the first quarter of 2023) looked like here in the Harrisonburg and Rockingham County real…
Start Monitoring Listings And Sales In Your Market Segment A Few Months Before Selling Your Home
Will you be selling a home in the ___ neighborhood later this spring or summer? Will you be selling your home in the low $_00's later this spring or summer? If you plan…
Home Sellers Often Sell Homes Perfect For First Time Buyers... To Investors
Over the past few years, townhouses in or near the City of Harrisonburg between $175K and $250K have been a hot commodity! This type of property is perfect for first time…
Why Are Housing Inventory Levels So Low In Harrisonburg And Rockingham County?
First, Harrisonburg is a popular place to live. Beyond everyone who is living here now, we continue to see new folks planning to make Harrisonburg their home, including…
Higher Mortgage Interest Rates Might Be Resulting In More Buyer Competition In Moderate Price Ranges
Clearly, the Harrisonburg and Rockingham housing market is still quite competitive right now, especially for homes under $400K. One reason for this might be related to…
64 Townhouses Coming (Soon?) To Crossroads Farm
Since Crossroads Farm was first proposed in 1999, there has been a section of the neighborhood where townhouses were intended to be built, as shown above. Thus, this new…