In Harrisonburg and Rockingham County, we’re starting to see an upswing in the real estate market, which has been in a lull for quite a while after the devastating effects of the Great Recession. According to Lawrence Yun, Chief Economist for the National Association of Realtors® (NAR), “the first quarter...
Market Trends
Harrisonburg Area Real Estate Market Report: April 2011
Each time I run these reports, I want to be able to post about a major increase in sales, a sudden uptick in home values, and properties “flying off the lot,” so to speak. If ever there will be a time, this is not it, unfortunately. There are some positive...
Harrisonburg Area Real Estate Market Report: March 2011
Okay, we admit it. Its been a while since we’ve posted a market report. We have been keeping an eye on the current trends, but simply haven’t reported on them because we’re busy… and that is a good thing! We have re-committed to reporting the facts to our faithful readers,...
Home Sales and Statistics for Elkton, Virginia
Elkton, Virginia, is located about 20 minutes east of Harrisonburg on Route 33. Elkton, population of about 2600, is home to MillerCoors, Merck, and a brand new high school. It is situated along the south fork of the Shenandoah River, and celebrated its 100th anniversary in 2008, so Elkton boasts...
Kline May Showings Update: Year End 2010
It is time for another update on how showings have fared at our brokerage, Kline May Realty. We made it through 2010, and showings were up from last year for half of this year. This means we’ve had our ups and downs (as you can see on the chart below),...
Home Sales and Statistics for Broadway, Virginia
Broadway — population of roughly 3,500 — is located about 15 minutes north of Harrisonburg on Route 42, which, like Bridgewater, turns into Main Street. There are locally owned shops and businesses along Main Street and a whole plethora of housing options available. Some of the most notable subdivisions in...