Harrisonblog

People, Places, Events, and Issues in Harrisonburg
(with an emphasis on real estate)

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Record Snowfall in Harrisonburg

February 15th, 2010 by Lisa Oates · No Comments

So far, 2010 has been an eventful year in terms of snowfall. In late 2009, the snow fell in huge amounts around Christmas time, and again fell in bundles starting a few weeks ago, and continuing yet again today. According to WHSV, Harrisonburg will experience record snowfall for this winter if we get 1/10 of [...]

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Tags: News

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Harrisonburg Ranked #9 in Top 20 Safest Places To Live

January 26th, 2010 by Lisa Oates · 1 Comment

The Farmers Insurance Group has again published their Top Safest Places to Live list, and among small towns in the United States, Harrisonburg ranks #9 out of 20! Just one more reason to relocate to our town in the Shenandoah Valley.
Other towns in close proximity that are ranked include:

Lynchburg: #6 among mid-sized cities
Charlottesville: #16 among [...]

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Tags: News · Relocation

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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 [...]

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Tags: News

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Changes to RESPA Will Allow Client to Make More Informed Decisions About Loans

December 9th, 2009 by Lisa Oates · 2 Comments

Effective January 1, 2010, changes will be made to the Real Estate Settlement Procedures Act (RESPA), which will improve the client experience with regards to choosing a mortgage loan. Essentially, these changes will allow the client to make a better informed decision about which loan to go with. Less confusion, and more peace of mind! [...]

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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 [...]

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Tags: Market Trends · News · Videos

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Local Businessman Named Entrepreneur of the Year

November 16th, 2009 by Lisa Oates · 1 Comment

The President and CEO of the nationally-known (but based in Harrisonburg) Rosetta Stone, Tom Adams, has been named the Ernst & Young Entrepreneur of the Year. He was also the national winner of the Retail and Consumer Products category. Hats off to Tom!
“Tom Adams’ efforts at Rosetta Stone have helped change the way the world [...]

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Tags: News · People

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Homeowners Facing Foreclosure Can Stay in Their Homes

November 10th, 2009 by Lisa Oates · No Comments

Yep, homeowners who are facing foreclosure can stay in their homes — as renters. Fannie Mae just designed a new program called the Deed for Lease Program that allows homeowners to stay in their own homes as tenants. Here is the gist of how this works, according to Market Watch:
Participating borrowers voluntarily transfer their property [...]

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Tags: News

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Extended Home Buyer Tax Credit: Signed, Sealed, Delivered

November 9th, 2009 by Lisa Oates · 2 Comments

President Obama signed the extended home buyer tax credit bill on Friday. So, what does this mean? How does it work?
We’ve already gone over some of the major changes to the credit, but here they are again:

Both first-timers and existing homeowners would be able to take advantage of the expanded program through the end of [...]

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Tags: Issues · News

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The New Tax Credit Passed By Congress With Flying Colors!

November 6th, 2009 by Lisa Oates · No Comments

Yesterday, we posted some news about the first time home buyer tax credit being extended until April, along with some changes to the credit, including allowing existing homeowners $6,500 towards their purchase of a “move-up” home. (Note: There are more details to this new bill, so if you are interested, be sure to read up [...]

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Tags: Issues · News

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Could The $8,000 Tax Credit Be Extended?

November 5th, 2009 by Lisa Oates · 2 Comments

The first-time home buyer tax credit has helped a lot of families across the nation in purchasing a home this year, but it is set to expire at the end of this month. There is a bill going through congress this week, and has already been unanimously agreed upon by the Senate (next — possibly [...]

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Tags: Issues · News

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