Home Sales Steady, Prices Rising in Harrisonburg Area
The beautiful home shown above is located in Kentshire Estates. Find out more here. July 2017 has come and gone -- and even if the temperatures don't yet feel like August…
Thank Goodness Home Prices Are Not Increasing Very Quickly!
There have been two very unique four year periods in recent history where the local median sales price increased to $192K. When home values increased between 2003 and…
Fear Not, Mortgage Interest Rates Sticking Close to Four Percent
Another month -- and still no meaningful changes in the 30 year mortgage interest rate. Since the beginning of the year, these rates have slowly edged downward, and have…
Does Harrisonburg need more Off Campus Student Housing?
Altitude at Stoneport will soon be built on Port Republic Road, with room for 425 students. The Retreat is nearing completion on Reservoir Street, with room for 700…
425 Bed Student Housing Complex to Open at Stoneport in Fall 2019
view a larger image The property shown above was sold for $1.76 million to a new developer from Richmond, VA who will start site work in August for this 250,000 square…
Where Have All The Townhouses Gone? Buyers Have Bought Them Every One!
OK, admittedly, there are still SOME townhouses remaining to be purchased in Harrisonburg and Rockingham County -- but the inventory levels are declining relatively…
Significant Decline in Number of Houses for Sale in the City of Harrisonburg
Are you having difficulty finding a home to purchase in the City of Harrisonburg? You're likely not alone! As shown above, there has been a rather significant decline in…
Home Sales Steady in Harrisonburg, Rockingham County in First Half of 2017
Check out fantastic home for sale on Central Avenue! June 2017 flew by like a blur -- and although home sales were a bit slower than in May 2017 -- nearly all housing…
Contract Activity Strong(er) Again in June 2017
Well, things don't seem to be slowing down yet in our local residential real estate market! Looking at the first 25 days of this month, 109 buyers (and sellers) signed…
Lots of showings could mean your home is priced well, or that the market is lacking supply
This low-inventory market we're in is certainly providing some new perspectives.... If you are having a LOT of showings of your house -- it MIGHT mean that your house is…
Limited Options for New Townhouses in Harrisonburg
One of the reasons why the under $200K market is inventory-challenged right now is because there is very little new construction happening in this price range. Over the…
Have you missed out on the majority of 2017 home buyers at this point?
Short answer -- yes, but no. :) Longer answer.... In a recent conversation with a home seller, they wondered if they had missed out on the best time to sell their home…