Harrisonblog

May 2011 showed more positive changes happening in the Harrisonburg and Rockingham County real estate market than last month, but we’re still not where we’d like to be (which, obviously, is a significant increase in sales and home values). We did see a modest increase in list and sales prices this month. Let’s take a [...]

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In Harrisonburg and Rockingham County, we’re starting to see an upswing in the real estate market, which has been in a lull for quite a while after the devastating effects of the Great Recession. According to Lawrence Yun, Chief Economist for the National Association of Realtors® (NAR), “the first quarter [2011] ended with decent home [...]

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Any time a buyer wants to look at a Kline May Realty listing, it is written down and tracked. The number of showings is a nice little preview of things to come. No, not every showing results in a sale, but every showing does communicate that there is an interested buyer out there. In April, [...]

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Each time I run these reports, I want to be able to post about a major increase in sales, a sudden uptick in home values, and properties “flying off the lot,” so to speak. If ever there will be a time, this is not it, unfortunately. There are some positive changes taking place in our [...]

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Okay, we admit it. Its been a while since we’ve posted a market report. We have been keeping an eye on the current trends, but simply haven’t reported on them because we’re busy… and that is a good thing! We have re-committed to reporting the facts to our faithful readers, though, so from now on, [...]

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This is an ever popular question among home sellers. How long will a home sit on the market these days? Well, frankly, it depends… on the list price (how aggressive the seller wants to be), the location, the style, the upgrades, and a myriad of other characteristics. That said, we do have charts and statistics [...]

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Elkton, Virginia, is located about 20 minutes east of Harrisonburg on Route 33. Elkton, population of about 2600, is home to MillerCoors, Merck, and a brand new high school. It is situated along the south fork of the Shenandoah River, and celebrated its 100th anniversary in 2008, so Elkton boasts quite a bit of history. [...]

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It is time for another update on how showings have fared at our brokerage, Kline May Realty. We made it through 2010, and showings were up from last year for half of this year. This means we’ve had our ups and downs (as you can see on the chart below), but we are confident that [...]

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Broadway — population of roughly 3,500 — is located about 15 minutes north of Harrisonburg on Route 42, which, like Bridgewater, turns into Main Street. There are locally owned shops and businesses along Main Street and a whole plethora of housing options available. Some of the most notable subdivisions in the Broadway area are Legion [...]

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Last time we reported on the 12-month rolling averages for Average Sales Price and Median Sales Price, things were looking a bit bleak. The line graph looked more like a slide than a chart, starting high on the left and going low on the right. Lets take a look at this graph now, with the [...]

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