Harrisonblog

Fitch Ratings, a research and data analysis company headquartered in both New York and London, did some comprehensive studies on Rockingham County and gave an “AA” rating to our locale. This grade is second on the rating scale — from “AAA” to “D” — and means Rockingham County has very high credit quality. In fact, [...]

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CNBC recently published an article about the top states for business, and guess who ranked number one? That’s right… Virginia! It has one of the lowest unemployment rates of any state at 2.9% compared to 9.1% nationally. See below for Virginia’s rankings in each of the categories of this particular study.

Additionally, Harrisonburg has an unemployment [...]

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Last month there was a convention for the Virginia Association of Realtors®. They discussed a wide variety of topics, but one that we think is most important to inform you of is the future of our real estate market. Here are some key notes about the economic forecast and real estate trends, both in the [...]

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Virginia has been ranked one of the top states for doing business, and starting a business, in the nation, according to Forbes.com, CNBC, US News and World Report, and some others. This is always great news to hear, especially for us residents!
Governor Tim Kaine announced a few days ago that:
“Shenandoah Sustainable Technologies, LLC (SST), a [...]

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I just read an incredible article entitled “Why Home Prices May Keep Falling” published by the New York Times. It describes, in pretty good detail, why home prices fall, and fall slowly. The most interesting part of the article is when the author describes the points of view held by a buyer in a market [...]

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Let’s just state the obvious: the economy is in (or close to) a depression. So, how can we stay positive — especially about the real estate market — in this negative economic climate? It seems too unstable to be really confident in buying or selling, but things aren’t always what they seem.
The Wall Street Journal [...]

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Is it really possible that home sales are rising despite the state of our nation’s economy? Apparently so! Here are some facts from Realty Times:

Resales of existing homes jumped by 5.5 percent last week — that was the largest monthly increase since July of 2003, in the middle of the housing boom. In the western [...]

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