Remember back in August when we posted about potential changes to the FHA loan limits across the nation, and how they wouldn’t really affect home buyers in the Shenandoah Valley? Well, good news came last week (for those that would have been or have already been affected) as Congress passed...
Archives: November 2011
Thinking About Buying a Home? 8 Tips To Help You Get Started
If you’ve never bought a home before, just thinking about it can be daunting. We know. We’ve all been first time home buyers before. It is important to know what you are getting yourself into before you make the decision to purchase, so here are 8 tips to help you...
Home Affordable Refinance Program (HARP) Gets An Update
Back in 2009, the Home Affordable Refinance Program (otherwise known as HARP) was born. This is a government-run program that allows home owners with Fannie Mae or Freddie Mac loans to refinance at a lower interest rate, even if their home is way under valued. HARP recently got a face-lift....
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...
New Hardware Store in Bridgewater: Randy’s Do It Best
Recently at 120 North Main Street in Bridgewater, Randy’s Do It Best Hardware held a grand opening, serving up free hot dogs and beverages, and offering many items on sale. The new hardware store has taken over where the old Dickson’s Drug Store used to be. According to the store...
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 —...