We recently upgraded our Trulia membership to Pro status. (See “We Just Upped Our Level of Service to Sellers.”) One great thing about this upgrade is that Trulia is constantly working hard to provide us with better tools to promote our listings, which in turn gives our sellers better web...
Archives: 2009
January Real Estate Market Report
Home sales were down significantly in January compared to the previous year. Here are the numbers: January 2008: 52 January 2009: 36 That’s a plunge of 30.7% in the Harrisonburg area. Is the sky falling? I don’t think so. January’s sales reflect contracts written in November and December — which...
Harrisonburg Area Unemployment at 4.3%
News broke this morning that national unemployment hit 7.6%, as the economy lost nearly 600,000 jobs in January. The situation is significantly better in the Harrisonburg area, where the unemployment rate is 4.3%. According to this table provided by the Bureau of Labor Statistics, our area is ranked #33 out...
New International Cuisine in Harrisonburg: Beyond
Downtown Harrisonburg will soon have a new restaurant. It will be called Beyond, and will feature international cuisine. The proprietors will be the same folks who own and operate the highly popular Taste of Thai on South High Street. The location? The old Spanky’s building at 50 West Water Street....
National + Local Real Estate Markets in the News
The National Association of Realtors reported that existing home sales rose 6.5 percent from November 2008 to December 2008. This a rare bit of good news for the national real estate market, which saw a drop in sales prices around 15% in from 2007 to 2008. Read more here. The...
Is Now the Time to Buy a Home?
Maybe. It is certainly a buyer’s market, which means that home buyers have the advantage in negotiations, as well as a broad range of choices. However, since it is a difficult market for sellers, our team’s counsel to inquiring would-be buyers is that they need to be reasonably confident that...