When Are You Least Likely To Sell Your Home?
OK - these numbers are a bit abstract, but still interesting, in my opinion. The graph above is NOT showing a distribution of when buyers are buying homes. The likelihood…
My Predictions for the 2019 Real Estate Market
As is my annual tradition, I am making some predictions about what we'll see in the Harrisonburg and Rockingham County real estate market in 2019. As you'll note above, I…
Comparing My 2018 Housing Market Predictions To Reality
As shown above, I was a bit too conservative in predicting 2018 home sales. After we saw a 5% decline in the pace of home sales between 2016 and 2017 I was predicting…
Home Sales Rise By (at least) 2% in 2018
All home sales have not yet been reported but it is seems that we will see around a 2% increase in the pace of home sales in Harrisonburg and Rockingham County between…
Buying A Home Is, Unfortunately, Not As Simple As Buying Now With One Click
Purchasing a home can be fun, exciting, thrilling, and fulfilling....but that very same process can also have its moments of being hard, frustrating, disappointing and…
Very Few Homes For Sale in the City of Harrisonburg
The number of homes for sale in the City of Harrisonburg keeps dropping. That's not to say that homes aren't selling -- a total of 423 homes have sold in the City of…
Despite Slower November, Home Sales Still Stronger Than Last Year
Before we dive into this month's market report, check out this featured home by visiting 819GreenbriarDrive.com. Now, on to our local real estate market -- I just…
JMU On Campus Headcount Likely To Exceed 22K in 2022
Based on enrollment projections approved by the State Council of High Education for Virginia, on campus enrollment is set to continue to increase in coming years…
Should Your House Be Off The Market Over the Winter Months?
In some ways, NO, you should NOT take your house off the market -- because inventory is lower than it has been for years and is not showing any signs of improving. And…
When To Make An Offer To Buy If You Still Need to Sell Your Home
Here's a good opportunity to practice patience... If your dream home is on the market -- either as a new listing, a newly reduced listing, or an old and stale listing…
The Value of Your Home Based On When You Bought It
Can historical median sales prices give you some sense of your home's current market value? Perhaps so! The values in the chart above are calculated by comparing the 2018…
Contract Activity Slows Heading Towards Thanksgiving
And -- as we might have expected -- home sales activity is slowing as we roll into late November. The graph above shows the number of contracts signed per month for each…