Understanding the Over-Supply of JMU Student Housing
As I explained yesterday, there will be a rather significant over-supply of housing for JMU students in the fall, with an estimated 1,740 empty "beds" across all student…
JMU Student Housing Supply & Demand Analysis
As we approach the 2009/2010 academic year at JMU, I believe we will be facing a significant surplus in student housing for JMU students. However, do bear in mind that…
The Most Popular Neighborhoods in Harrisonburg
This calculation is highly unscientific, though very interesting! There were 362 residential homes sales in the City of Harrisonburg last year (2008) --- which was 173…
Evaluating Investment Properties . . .
Over the past few years, an increasing percentage of my buyer clients have been investors, who are purchasing income generating properties in Harrisonburg and Rockingham…
In Theory, Construction Is Booming!
Are builders gearing up? (Daily News Record) Yes, and no! Read on... Building Permits Issued Per Year: YearHarrisonburg Rockingham County2007 748 558 2006 219 673 2005…
New Housing on Stone Spring Road - Changes in Zoning
Per the January 18th Daily News Record, the Harrisonburg Planning Commission recommended that City Council approve a rezoning request of 72.6 acres on Stone Spring Road…
Will We Have Too Much JMU Student Housing?
Last week the Daily News Record reported that 3,700 residential units are under construction, which seemed to be quite a bit of housing for JMU students. Below is a bit…
Counting JMU Students
In most situations, it's o.k. if we aren't working with an exact number for JMU enrollment. However, many developers are currently spending a lot of money to build…
Buying College Student Rental Property
Lots of people consider buying investment properties -- and in Harrisonburg many people start by investigating college housing. Some don't end up buying, and here is why…
Driven Down Old Furnace Road Lately?
Construction is booming on Old Furnace Road --- making way for "Latitude 38", a 228-unit, 800+ bedroom complex of student housing for JMU students. Some public details of…