Local market insight since 2007
If you're hoping to buy a single family home for less than $200,000 in Harrisonburg or Rockingham County, you might find it challenging to do so. Only 8% of the single…
Starter townhouses (think two story, 15 - 25 year old) in the City of Harrisonburg used to sell for $150K-ish but have increased in price over the past five years to a…
This is a question very much on the mind of potential home buyers and potential home sellers in the local real estate market in late 2022... Where DO home prices go from…
Over the past three or four years mortgage interest rates were sooooo low that there often wasn't too much of a difference in the interest rate quoted by one lender vs…
Has the local real estate market slowed down? Oh yes, quite a bit! How so? Last October 156 homes went under contract in the first 27 days of the month... and this year…
The 10.5 acre tract shown above, located on the southwest corner of the town of Dayton may soon be home to a new residential development featuring 67 single family homes…
In almost all cases, I do not recommend having showings of your home before it is listed for sale. But, as with most things in life, there are some exceptions. Here are…
The local real estate market might be slowing down, a touch. For the past year the median "days on market" has been five days... which means that half (or more) homes…
If you are looking to buy a home right now you might be surprised by higher mortgage interest rates than we have seen for much of the past year... January = 3.45%…
Summer just ended, right? It's just barely fall, right? There's plenty of time remaining in 2022, right? Well, sort of. Most real estate transactions take around 45 days…
It's best not to get your face too close to the data. The closer we look at the data, at a smaller and smaller data set, the more likely we can find ourselves concluding…
Home prices are higher than they have been anytime in the past decade. Mortgage interest rates are higher than they have been anytime in the past decade. And, thus, for…
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