Magnolia Ridge is located off of Shen Lake Drive near Lakeview Golf Course on the east side of Harrisonburg, just minutes from Rockingham Memorial Hospital, and right around the corner from Lake Shenandoah. In fact, there is direct access to Lake Shenandoah (and the East Rockingham Pool) from this neighborhood,...
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Harrisonburg Area Real Estate Market Report: December 2011
With December coming and going yet again, we’ve come to a new month AND a new year! To celebrate, we’ve put together our monthly Market Report — yes, we do find it exciting — so put your party hat back on and take a moment to review the year 2011...
Harrisonburg Area Real Estate Market Report: October 2011
In September’s Market Report, we posted about the increase in sales over last year, and now in October’s Market Report, we’re happy to report that not only do year-to-date sales continue to increase, but the number of contracts also went up this month. An uptick in sales prices for October...
Harrisonburg Area Real Estate Market Report: August 2011
For the past few months, we’ve been reporting that the Harrisonburg and Rockingham County real estate market is on the verge of some positive movement. In July, we saw that most of the June contracts hadn’t closed yet, and that sales year-over-year were down 6%. Well, the August numbers are...
Harrisonburg Area Real Estate Market Report: June 2011 [new and improved!]
We’ve turned another page in our calendars and that means it is also time for our real estate Market Report. A few updates have been made to our report because we think it needed a bit of sprucing up. We now have two main sections: Sales and Contracts. We’re also...
Home Sales Are On The Rise This Year
In Harrisonburg and Rockingham County, we’re starting to see an upswing in the real estate market, which has been in a lull for quite a while after the devastating effects of the Great Recession. According to Lawrence Yun, Chief Economist for the National Association of Realtors® (NAR), “the first quarter...