Compared to last year at this time, sales are up 19.2%, average sales price is up 2.4%, and median sales price is up 6.1%! This is all very good news. As long as we see this trend continue, 2013 should prove to be a successful year for the local real...
Archives: 2013
Harrisonburg Area Real Estate Market Report: February 2013
Last month, we gave a couple of predictions for 2013 — prices will increase and home values will rise. So far, our predictions have been proven mostly correct, which is a wonderful thing for our local economy and real estate market. Stay tuned to this report to see how the...
Harrisonburg Receives $500,000 Industrial Revitalization Grant
In September 2012, the City of Harrisonburg applied for a grant from the Virginia Department of Housing and Community Development with the hopes of gaining funds to revitalize the Cassco Ice House Complex in downtown Harrisonburg. The City received $500,000 for this project, which is the largest grant allotment of...
Harrisonburg Area Real Estate Market Report: January 2013
A new year brings new opportunities, new challenges, new experiences, a new outlook. 2012 brought an increase of 9.2% in home sales for the year, and though home values dropped 1%, our team is confident that this number will turn to the positive in 2013. Lets take a look at...
Massanetta Springs Hotel Undergoes Restoration Project
Back in 2011, we wrote a blog post about the Massanetta Springs neighborhood on the outskirts of Harrisonburg, yet amongst a gorgeous setting in the woods, surrounded by glamorous subdivisions, a beautiful retirement community, and Lakeview Golf Course. Massanetta Springs is truly unique, featuring a relaxing retreat that is literally...
Rockingham County’s Research & Tech Park Launches New Website
One of the coolest things going for Rockingham County is the relatively new Technology Park just north of Harrisonburg on Route 11. It’s called Innovation Village @ Rockingham, and is a master planned village that will consist of offices, laboratories, light manufacturing space, multi-use buildings, pedestrian walkways, picnic areas, and...