It seems like just yesterday that we celebrated the new year, but here we are looking at the January 2012 real estate market stats for Harrisonburg and Rockingham County. A month ago, we declared that sales were up, contracts were strong, and the future was bright. Well, the good news...
Market Trends
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...
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: November 2011
We turned the page on the calendar last week to December, which means the monthly Market Report is delivered to you again! Last month, we reported that October not only showed somewhat favorable results in sales, but also in contracts. As fall begins to fade away and winter looms in...
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...
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 —...