Archives: 2008

The Housing Market is Not the Stock Market

For the past couple years, the housing market has gone through some tough times. Remember in 2005 when houses literally sat on the market for a day before going under contract? Well, after that boom, the market turned around, and the real estate market has now begun the road to...

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3rd Quarter Virginia Home Sales Stats Are In!

The Virginia Association of REALTORS (VAR) has just published the 2008 Quarter 3 home sales statistics. See below for home sales versus 2007 3rd quarter sales in Harrisonburg and Rockingham County. ——————————————————————————— Harrisonburg / Rockingham County 3rd Quarter 2008 Data Q3 2008 Home Sales: 280 Q3 2007 Home Sales: 353...

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Coming Soon: Monthly Market Updates

As a real estate professional and data geek, I know how important it is to be able to review the facts and track the trends about the local real estate market. So, starting in December, I will begin reporting monthly market statistics (and will likely express my opinion of said...

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Behind on Mortgage Payments? There May Be Hope For You!

Fannie Mae and Freddie Mac are now owned by the federal government. They came up with a broad plan to reduce the burden of loans on many homeowners in the U.S. This plan could help as many as 300,000 families who are behind on their mortgage payments. Of course, there...

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Number of First-Time Home Buyers on The Rise

Selling an existing home is what many folks worry about these days, knowing they probably won’t get top dollar for their listing. However, first-time home buyers do not have an existing home to worry about, so the number of sales for this group is on the rise. It only makes...

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