Should You Consider An Adjustable Rate Mortgage?
With mortgage rates now above 7%, I’ve had a few buyers ask me about adjustable rate mortgages lately... and specifically, whether one makes sense if the initial rate is…
Homes Under $300K Moving Faster Than Homes Over $600K
Under $300K There are 34 homes on the market right now priced under $300K. Half of them were listed in the past 30 days, and only 6 have been for sale for more than three…
A Busier Start to 2026 in Harrisonburg Real Estate With More Sales and Steady Prices
Happy Friday, Friends! What a whirlwind of a Spring this has been! The local real estate market is moving pretty quickly in most price ranges right now, with new listings…
Mortgage Rates Are On the Rise Again
Mortgage interest rates have been on a bit of a rollercoaster over the past year... and the most recent trend might be a bit frustrating for buyers hoping for continued…
Single Family Home Sales in Harrisonburg Have Fallen Sharply Since 2021
If it feels harder to find a single family home to buy in the City of Harrisonburg lately, that is not your imagination. The numbers (shown above) back it up. Per data…
Home Sales Are Rising, But Are Prices?
Happy Friday, Friends! What a wild week of weather this has been... yesterday (Thursday) the temperature started at 70 degrees at 1AM and fell to 30 degrees by late…
Mortgage Interest Rates Have Been Falling for Six Months
Over the past six months, mortgage interest rates have been steadily trending downward. After rising above 7% earlier in 2025, the average 30-year fixed mortgage rate…
Could Home Buying Become Slightly More Affordable In 2026?
Home buyers over the past few years would likely describe their home purchase as anything but affordable. Home prices and mortgage interest rates were both rising…
Further Market Insights for November 2025
Luke published his monthly analysis of the local housing market earlier this week and had some good thoughts and insights for buyers, sellers and homeowners. You can…
The Median Age of First Time Homebuyers Is Now 40
If you're a young professional who hasn't yet purchased a home, you may find yourself wondering: when do most people actually buy their first home? It's a good question…
Will Home Prices Spike if Mortgage Rates Drop?
You might be one of many buyers watching interest rates closely. Maybe you're not quite ready to buy yet, but you're hopeful that rates will drop soon, making things a…
What Is a Historically Normal Mortgage Interest Rate?
Mortgage rates have been a frequent topic of conversation lately. The average 30-year fixed rate is now in the low 6% range, currently about 6.27%. Still, after a few…