Harrisonblog

March is here already, which means it is time for the monthly market update! In January, we showed you statistics for the beginning of 2010 compared to how the start of 2009 fared, and at that point, things were looking positive. Even though February is a shorter month than the rest, it also showed some [...]

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The new year has begun, and things are already looking promising for 2010 in our local real estate market! Last month, we looked over the market stats for the entire year 2009, which showed us that it was a tough year with home sales and prices down a pretty significant amount. Well, this year is [...]

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Both the City of Harrisonburg and Rockingham County have reassessed properties in their respective areas, which means your property value may have changed. When your notice of reassessment comes, if you think the City or the County are way off in their reassessment, know that there are ways to appeal your reassessment. Depending on whether [...]

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According to the Virginia Constitution, all real estate must be assessed at market value, so Rockingham County is performing reassessments again. The last reassessment occurred in 2005, and was effective January 1, 2006. Now that 2010 is here, its time for another round!
County officials actually began reassessing properties about 18 months ago. All sales since [...]

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In our last post, we informed you how to claim your first time home buyer tax credit. For those of you who own (or are thinking about purchasing) land in Rockingham County, there may be some tax benefits for you, depending on how you use your land.
If you meet these criteria, you may qualify for [...]

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Last month, we posted about the increase in sales over the month of November 2009. Sales increased from October ‘09 by over 30%! So, how is our local market trending for December? Typically, December is a much slower month in real estate sales because folks are busy focusing on the holidays and spending time with [...]

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The stats are in! November came to a close a week ago, so it is time for the monthly Harrisonburg Area Real Estate Market Report. This November has shown an upswing in sales compared to last year at this time, which is great news for the local economy. As you’ll see in the chart below, [...]

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At the beginning of November, we posted about the number of showings that occurred over the previous three months and how that is a sign of the recovery of the real estate market. As a quick update to that post, November 2009 proved again that we are climbing out of the recession!
During November of 2008, [...]

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I came across an interesting article about national home sales rising to the highest level in 2.5 years (via MSNBC), so to bring it “home,” decided to study the local market home sales, and how they’ve changed over the past year from month to month.

You’ll notice I included data from November 2009, which obviously has [...]

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