My Predictions for the 2022 Real Estate Market in Harrisonburg and Rockingham County
Keep in mind as you read this that I was horrendously off target with my 2021 predictions for our local housing market. :-) But, that being said, here's what I'm…
My Predictions for the 2021 Harrisonburg Real Estate Market Were Terribly Inaccurate
It seems I have been much too conservative in my predictions for our local housing market over the past few years. After a 12% increase in the number of home sales in…
There Is Currently Only ONE Townhouse For Sale in the City of Harrisonburg!?
Yes, it can be done... ...you can buy a townhouse in the City of Harrisonburg... ...but it's much more difficult now than it was in the past! Townhouses Sales in 2021 in…
Record Number of Building Lots Sold In Harrisonburg, Rockingham County in 2021
While we are still a few days short of a full year, it is already quite clear that there was a significant surge in the number of building lots sold in Harrisonburg and…
Moving to Harrisonburg, From Out of Town, and Buying A House Can Be....
Many people move to Harrisonburg, Virginia (or the surrounding area) each year and in 2021 many of those individuals and families have found it challenging to find a home…
Will Mortgage Interest Rates Really Rise In 2022?
Will mortgage interest rates really rise in 2022? Yes, he said, knowing he has said "yes" for years and has been wrong over and over. ;-) To be fair, I guess interest…
City of Harrisonburg Housing Inventory Levels Fall Below 20 Homes For Sale... For First Time Ever!?
There are now fewer than 20 homes for sale in the entire City of Harrisonburg! As you can see, above, the number of homes for sale at any given time has been falling…
Median Sales Price of Detached Home Up $50K Over Past Two Years!
This graph was in my full market report yesterday but it sort of deserves a bit of special attention by itself. Over the past two years, the median sales price of…
Harrisonburg Housing Market Is Hot, Hot, Hot In 2021
Happy Tuesday Morning, and welcome to day two of another surprisingly warm December week in the Shenandoah Valley! This month's market report is brought to you by…
Median Residential Harrisonburg Real Estate Assessment Increases 10.5% In 2022
If you own a property in the City of Harrisonburg you likely recently received a "Change of Assessment Notice" in the mail. Harrisonburg updates the assessed value of…
Selling Your Home In The Next Six Months? Selling Now Is A Good Plan. Waiting For Spring Is A Good Plan.
So, you are thinking about selling your home sometime in the next six months? Two common concerns I have heard lately from folks thinking about selling in the next six…
Kid Heads To College In Harrisonburg, Graduates, Stays, Parents Relocate Too
It's my story. It's my wife's story. It seems to be an ever more frequent story these days. I left Maryland back in 1996 to attend JMU. I graduated in 2000 and again in…