Will A 6% Mortgage Interest Rate Seem High After A Year Of 6% Rates?
Many (though not all) home buyers in the market today have been shopping for homes for the past three, six or 12 months. As such, when they encounter today's mortgage…
55 (More) Townhomes Proposed On Pear Street
Just a short walk down Pear Street from where 33 townhomes are proposed there is now a new request for a rezoning of 6.77 acres to allow for 55 more townhomes to be…
As You Might Imagine, It Is Still A Pretty Swell Time To Sell A House
Lots of homes are still selling, relatively quickly, at high prices. Yes, mortgage interest rates are higher, which limits the housing budget for some buyers, but thus…
I Was Going To Upgrade To A Larger Home Until I Saw That Larger Mortgage Payment!?!
In more than a few conversations over the past week I have been chatting with friends and past clients who have shared that they had been recently toying with the idea of…
The Second Best Way To Know If Your House Will REALLY Sell For THAT Much!?!
Home values have increased QUITE a bit over the past few years. The median sales price this year is 36% higher than it was three years ago in Harrisonburg and Rockingham…
The Value Of The Smallest House In The Neighborhood
How much should you be willing to pay for the smallest house in a neighborhood? Especially if it is a good bit smaller than all the other houses in the neighborhood?…
Mortgage Interest Rates Double Within A Single Year
Well, then. A year ago, the average 30 year fixed rate mortgage interest rate was under 3%. Today, the average 30 year fixed rate mortgage interest rate is 6.02%. Yikes…
Help Bring A Free Three-Year Outdoor Live Music Series To Downtown Harrisonburg
Harrisonburg is in the running to win a $90,000 grant to bring a free outdoor music series to downtown Harrisonburg! But... your help is needed! Click here to go vote for…
Another Visual Of A Slightly Slowing Pace Of Home Sales
I usually look at the pace of home sales each month, which shows quite a movement up and down as some months are surprisingly slow and some are surprisingly active. I…
Are Home Prices Rising Because Larger Homes Are Selling?
When you see a 12% increase in the median sales price between 2021 and 2022 you might wonder if it is just a result of larger homes selling this year than last. It's a…
Home Prices Keep Rising in Harrisonburg, Rockingham County Despite Slightly Fewer Home Sales
Greetings, and Happy Tuesday morning, friends! Would you believe it if I told you we're 70% of the way through 2022!? It's hard to believe, I know, but indeed, we only…
Taylor Spring Detention Basin Under Construction In The Lake Shenandoah Stormwater Authority Area
Homeowners on low lying building lots within the Lake Shenandoah Stormwater Authority Area may soon have some relief when it comes to stormwater issues affecting their…