Remember back in August when we posted about potential changes to the FHA loan limits across the nation, and how they wouldn’t really affect home buyers in the Shenandoah Valley? Well, good news came last week (for those that would have been or have already been affected) as Congress passed a bill that would restore [...]
Congress Restored FHA Loan Limits… At Least For Now
November 21st, 2011 by Lisa Oates · No Comments
Tags: Issues
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Home Sales Are On The Rise This Year
May 24th, 2011 by Lisa Oates · No Comments
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 [...]
Tags: Market Trends
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First Step To Going Green: Find Your Carbon Footprint
February 10th, 2010 by Lisa Oates · 1 Comment
Going green is a big deal, believe it or not. It is important to keep our earth clean so that future generations will be able to enjoy it as much as we have. The first step to understanding how to improve the environment around you is to find your carbon footprint. How much carbon dioxide [...]
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New Website For Homeowners: HouseLogic
December 17th, 2009 by Lisa Oates · No Comments
If you are a homeowner, or are thinking about becoming one, you should definitely check out HouseLogic, a new website by The National Association of REALTORS® (NAR). Although the site is still in beta mode, it provides a wealth of information and how-to’s for homeowners. Currently, the navigation consists of these categories:
Improve
Maintain
Engage
Taxes and Incentives
Finances and [...]
Tags: News
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Economic Recovery Driven by Real Estate
November 30th, 2009 by Lisa Oates · No Comments
The housing market is strengthening, not only here in Harrisonburg and Rockingham County, but also around the rest of the nation. In fact, there are four regional sectors that the National Association of Realtors® (NAR), and Virginia is in the “South” region, which experienced a 12.7% increase in home sales from September to October of [...]
Tags: Market Trends · News · Videos
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Real Estate Radio Show Online
July 14th, 2009 by Lisa Oates · No Comments
The National Association of REALTORS (NAR) has launched a radio show that airs throughout many parts of the country. It is also available online, which is a plus for anyone with internet access! The show is called Real Estate Today, and you can start listening now at www.retradio.com.
This show provides consumers with valuable information regarding [...]
Tags: Tools
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New Law Protects Renters from Eviction on Foreclosed Homes
June 16th, 2009 by Lisa Oates · 1 Comment
With so many foreclosures occurring these days (although, truthfully, not many around Harrisonburg compared to the rest of the country!), renters can rest a bit easier knowing that a new law has been put into effect to protect them. On May 20th, the government passed a law stating that renters must receive 90-days notice prior [...]
Tags: News
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Who’s Buying Real Estate… and Who’s Not
December 5th, 2008 by Lisa Oates · No Comments
The National Association of REALTORS (NAR) surveys home buyers and sellers on an annual basis, and they have published their findings for 2008. Here is a glimpse at the type of folks buying:
Married Couples: 61%
Single Women: 20%
Single Men: 10%
Unmarried Couples: 7%
Other: 2%
Compared to the past 5 surveys, first-time home buyers accounted for a larger portion [...]
Tags: Buyers · Market Trends
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The Housing Market is Not the Stock Market
November 19th, 2008 by Lisa Oates · No Comments
For the past couple years, the housing market has gone through some tough times. Remember in 2005 when houses literally sat on the market for a day before going under contract? Well, after that boom, the market turned around, and the real estate market has now begun the road to recovery.
Here are some statistics to [...]
Tags: News
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