Local market insight since 2007
The City of Harrisonburg Planning Commission will hold a public hearing tomorrow, Tuesday, January 17th as they consider a proposal called Bluestone Town Center which…
OK, OK, I'm not talking about workout goals. I'm not suggesting you get a better BUTT in 2023... I'm just pointing out that some would be home sellers have a better BUT…
Yet another reason why it seems relatively unlikely that we will see home prices start to decline in this area... One main factor that could cause downward pressure on…
The actual process of home buying has been a bit bananas for the past two years. Buyer: I want to buy a house. Me: Cool. Buyer: Let's go see a bunch later this week, K?…
Pre-COVID there were better times of year and worse times of year to list your house for sale in Harrisonburg and Rockingham County. The busiest buying seasons were…
I've chatted with several homeowners in the past few weeks who have wondered whether home prices will start to decline in Harrisonburg and Rockingham County in 2023 as a…
Existing home sales declined 15% in 2022 in Harrisonburg and Rockingham County... 2021 Existing Home Sales = 1,364 2022 Existing Home Sales = 1,165 That said, overall…
Were this past November and December (2022) a bit slower than expected when it came to contract activity? Did fewer buyers (and sellers) sign contracts to buy (and sell)…
Above you can see the breakdown of sales of existing homes (blue bars) and the sales of new homes (green bars) over the past few years. While home sales declined 7%…
After several years of an ever increasing number of homes selling in Harrisonburg and Rockingham County, we saw a slowdown in 2022. There were 7% fewer home sales last…
Within the first week of 2022 I made two predictions for the 2022 Harrisonburg and Rockingham County real estate market related to how many home sales we would see, and…
We have seen three distinct periods of changes in the median sales price in the Harrisonburg and Rockingham real estate market... 2000 - 2006 = Growth 2007 - 2014 =…
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