September 29th, 2010 by Lisa Oates · 1 Comment
You may have heard that the fall months aren’t great for home buying. In reality, though, fall is a great time to buy! Here’s a few reasons why:
Properties are still being put on the market in hopes of a sale, and many times, a quick sale.
Sellers may be more likely to negotiate on price because [...]
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Tags: Buyers · Listings · Tools · Weekly Update
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May 7th, 2010 by Lisa Oates · 2 Comments
Last month’s market report was a bit of a downer, and one that proved we need to watch some trends closely — sales volume and average price per square foot, specifically. April was the final month for first time home buyers (and “move-up” buyers) to take advantage of the tax credit, so we expected to [...]
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Tags: Market Trends
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April 20th, 2010 by Lisa Oates · 1 Comment
Last November, we reported on median sales prices by town in Harrisonburg and Rockingham County. That is helpful for buyers who are deciding where to live in the local community, and sellers who might want a quick snap shot of the value of their home in the particular town in which they currently reside.
There are [...]
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Tags: Market Trends
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March 24th, 2010 by Lisa Oates · 1 Comment
Well, actually, this neighborhood is in Dayton, which is a couple minutes south of Harrisonburg, but close enough, right?
South Breeze Estates is a quiet neighborhood with high quality, custom built homes that spread out over one hillside in the Town of Dayton. Many of these homes have wonderful countryside views, some (on the edge of [...]
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Tags: Places
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March 9th, 2010 by Lisa Oates · No Comments
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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Tags: Market Trends
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February 12th, 2010 by Lisa Oates · 1 Comment
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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Tags: Market Trends
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January 26th, 2010 by Lisa Oates · No Comments
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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Tags: Issues
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January 22nd, 2010 by Lisa Oates · No Comments
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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Tags: Issues
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January 21st, 2010 by Lisa Oates · 1 Comment
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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Tags: Issues
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December 16th, 2009 by Lisa Oates · No Comments
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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Tags: Market Trends
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