We won't know it's a dead end until we get there.
In the past two weeks, two of my clients have apologized for taking up my time in pursuing properties that each ended up being a dead end. While I appreciated the…
So, would it be a good time to buy a house right now?
A colleague asked me this question at a meeting of the Shenandoah Valley Builders Association this evening: So, would it be a good time to buy a house right now? I…
To hire a custom builder, or to buy a re-sale home --- it's a tough question these days!
The abundance and low prices of re-sale homes can cause great frustration for custom home builders these days. Over the past few months I have had lengthy conversations…
Buying a Foreclosure
If you are in the market to buy a home, some of the properties you might be considering are foreclosures – but there are some distinctions to be aware of at different…
Home buyers are probably getting GREAT deals these days, right?
In a lot of ways, they are --- but it's not as extreme as you might think. After observing several houses go under contract at fantastic prices I was pondering aloud that…
Has the real estate market (finally) hit bottom in Harrisonburg and Rockingham County?
I say yes --- but do bear in mind, I've thought this a few times before. I recently realized that the overall trend I examine in my market report each month (total number…
Will Foreclosures Dominate 2011 Home Sales in Harrisonburg and Rockingham County?
The Associate Press (AP) story below ran a few weeks ago in the Daily News Record. AP stories often don't reflect market realities here in Harrisonburg and Rockingham…
Lot Sales in Harrisonburg and Rockingham County
Let's take a bit of a closer look at lot sale in Harrisonburg and Rockingham County --- first, with a more visual look at the 2010 sales figures I reported a few days…
Real Estate: Finally a Good Investment?
One of my clients forwarded me a great article from the Wall Street Journal that you might have interest in reading.... Real Estate: Finally a Good Investment? (Smart…
Per CNNMoney.com, "Buying a home now is a no-brainer"
The market is slow, prices have slowly declined for the past few years, and likely will for the next year --- could this still be a good time to buy? Ali Velshi from…
Is Homeownership For Everyone?
Several decades ago (and earlier) home buyers would wait to purchase a home until they had at least 20% of the purchase price saved up in their bank account, and they…
City Homes Outperform County Homes
As I reported earlier this week, the single family home market in the City of Harrisonburg is improving, both in the number of homes sold, and the median price of those…