2013 has come to a close, and we are now able to view the year as a whole and how the Harrisonburg and Rockingham County real estate market fared over the past 12 months! To celebrate all of the positive trends that occurred throughout 2013, we’ve put together a visually...
Tag: home prices
Harrisonburg Area Real Estate Market Report: May 2013
Real estate is a very personal interest for homeowners, and we always look forward to reporting how the local market is doing month-to-month. Last month, the stats were quite positive, with a big increase in contracts, and a nice dip in days on market. Take a look below to see...
A Closer Look at Harrisonburg’s 2011 Real Estate Market
Last week, in our December Market Report, we promised to delve deeper into the year end statistics for Harrisonburg and Rockingham County. As we already know, sales were up by more than 4%, contracts increased by over 20%, and home values decreased almost 8%. Lets take a closer look at...
Home Prices are Higher. Interest Rates are Lower. Why Wait to Buy?
It is amazing the difference a little percentage point can make in a house payment. Okay, so housing prices in the Harrisonburg area have increased over the past few years (take a look at these trends in more depth), but interest rates — even since January of this year —...
Cost of Living in The Shenandoah Valley
Moving to a new area can be overwhelming. It can be difficult to figure out how your new lifestyle will compare to your old one, especially in terms of cost of living. To help, I’ve put together a little chart comparing different areas within the Shenandoah Valley. This will assist...
Home Prices Fall Slowly. But Why?
I just read an incredible article entitled “Why Home Prices May Keep Falling” published by the New York Times. It describes, in pretty good detail, why home prices fall, and fall slowly. The most interesting part of the article is when the author describes the points of view held by...