Private Mortgage Insurance, more commonly referred to as PMI, allows home buyers to obtain a mortgage with a lower down payment (typically less than 20% of the sales price). With PMI in place, lenders are insured against the risk of default on the loan. PMI charges are fairly minimal, running...
Archives: 2010
New Smoothie Bar in Downtown Harrisonburg
Downtown Harrisonburg is opening new restaurants and cafes all the time, which is a great sign of recovery and revitalization! One of the newest additions is a smoothie bar called “Pulp.” It is conjoined to and operated by the Shenandoah Bicycle Company on South Main Street. Pulp opened this past...
Harrisonburg Area Real Estate Market Report: April 2010
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...
Earth & Tea Cafe Now Offering Adult Beverages & Nightlife Option
Downtown Harrisonburg is a unique and thriving place, so to keep up with their neighbors in offering a nightlife solution, Earth & Tea Cafe is now serving beer and wine. It is a growing trend in Downtown, and one that the owners of Earth & Tea Cafe — Felix Wang...
Rebates Offered to Virginians for Energy-Efficient Upgrades
Are you in need of a new appliance? Heat pump? Gas furnace? Well, now is the time to buy! Virginians are now (as of April 28th) being offered rebates for the following items, as long as they are Energy Star certified. (Note: there may be some exceptions. Do your research...
“A Dream Come True” Park in Harrisonburg
Harrisonburg’s newest park — A Dream Come True — has been under construction on Neff Avenue for quite some time now, but the ribbon cutting ceremony will be held on Arbor Day (April 30, 2010)! This playground is unique in that all children can play together safely, including children with...