Preston Lake Foreclosure Auction Results In $3.5M Sale To Wells Fargo
The Preston Lake Trustee Sale took place today (February 3, 2011) at noon, and drew quite a crowd of Preston Lake homeowners, developers, attorneys, Realtors, and…
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…
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…
Preston Lake Headed To Foreclosure?
Per a Trustee Sale advertised in today's Daily News Record (view ad), the bulk of the Preston Lake subdivision may be headed to foreclosure. This doesn't necessarily mean…
It is really hard (impossible?) to compete with bank owned properties
Harrisonburg and Rockingham County have seen an increasing number of trustee sales (foreclosures) over the past few years.... click the image above for a larger version…
Harrisonburg Home Sales Decrease, Contracts Increase, in September 2010
Below are several highlights from the October 2010 Harrisonburg & Rockingham County Real Estate Market Report. Read on, or click here to download a PDF of the entire…
Will Home Values Fall in Harrisonburg and Rockingham County?
An Associate Press story printed in the Daily News Record a few days ago.... The beginning of the article references an increase in prices in July as shown by the Case…
Home Sales versus Foreclosures
Data Sources: Harrisonburg/Rockingham Association of Realtors MLS, Rockingham County Circuit Court Clerk's Office (Thanks Chaz & April!) Many have asked me how…
Why Have Home Values Remained Stable in the Central Shenandoah Valley?
Some reports indicate that Americans lost over $1,000,000,000,000 (one trillion dollars) in home values in the last three months of 2009. When looking at the sum of the…
Are Foreclosure Rates Increasing In Harrisonburg and Rockingham County?
Over at HarrisonburgForeclosures.com, I post notices of upcoming Trustee Sales (foreclosure auctions). The graph below shows how many trustee sale notices we've seen over…
What Happens If My Neighbor Is Foreclosed Upon?
Thankfully, the Harrisonburg and Rockingham County real estate market is not greatly affected by foreclosures and short sales. Many people ask why we haven't seen an…
Buying A Foreclosure: Before, At, After The Trustee Sale
There is often confusion about what it means to "buy a foreclosure" -- and it really all revolves around whether your potential purchase is happening before, at, or after…