Rockingham County, Virginia, subdivisions with at least one sale in 2010 are listed at KaiDegner.com.
Source: All subdivisions classified in the Harrisonburg-Rockingham MLS as having at least one sale in 2010. Note: The MLS contained subdivisions of sold properties labeled "none" and "other", so it is likely there are additional subdivisions that had sales that are not represented on this list.
For information about buying or selling a home in any of these Rockingham County subdivisions or neighborhoods, contact your Harrisonburg real estate agent, Kai Degner.
Harrisonburg subdivisions with at least one sale in 2010 are listed at KaiDegner.com.
Source: All subdivisions classified in the Harrisonburg-Rockingham MLS as having at least one sale in 2010. Note: The MLS contained subdivisions of sold properties labeled "none" and "other", so it is likely there are additional subdivisions that had sales that are not represented on this list.
Harrisonburg is in a buyer's market - we all know that. The low interest rates, the declined home prices, and the number of homes on the market are all elements that should encourage someone thinking about purchasing a home. However, there are some properties on the market that I might upgrade from a "deal" category to a "steal" category. I'll highlight three Harrisonburg townhomes for sale right now that are particularly good deals - you can decide if they're a steal!
The Harrisonburg Housing Market Report for 2010 is here! Thanks to Karl for the good work.
2010 is now behind us. As we look at the year and ask “How did the local real estate market do?”, our initial response is probably something like “Not too well!”. Local Realtors will tell you 2010 was a tough year, one in which Buyers, Sellers and agents had to go to (sometimes) extraordinary lengths to complete a deal. It was a year in which distressed properties exerted a heavy influence on our market and lenders continued in their attempts to refine their Short Sale and Foreclosure processes. 2010 was a year in which, despite falling prices, historically low interest rates and plentiful inventory, Buyers seemed reluctant to buy.
However, 2010 also appears to have been a continuation of the slow recovery of the housing market in our area, which bottomed out in the winter of 2008 – 2009. Make no mistake, the market is still slow. In fact, for the 5th consecutive year fewer homes were sold in our market than in the year before. The silver lining in this cloud is that the rate of decline is slowing. Essentially, 2010 was “less bad” (in terms of the slowdown in sales) than 2009 and 2009 was “less bad” than 2008. Given this trend it seems reasonable to expect 2011 could be equal to or slightly better than 2010 for residential sales.
As far as December goes, it was a good month for sales activity, with the most sales in any single month since June. Interestingly, the last four Decembers have recorded very similar monthly sales figures, regardless of what the market had been like that year. Average days on the market for sold properties continues to creep upward and is now at 201 days for all homes sold in 2010.
Caption: The black line shows closed transactions in 2010 being the highest since June, but that those six months had fewer closed summer and fall transactions than any year since 2006. (Source: Harrisonburg-Rockingham Association of REALTORS Multiple Listing Service, data accessed Jan 7, 2010)
Average and Median prices appear to have steadied during the second half of 2010, (a bit of a surprise given the market conditions) with most of the modest decline for the year occurring in the fist few months of 2010. The one and three year changes in the average and median prices of sold homes as of December 31, 2010 are:
We expect the local real estate market to continue to improve slowly during 2011 as Buyers, Sellers, pricing and inventory adjust to move our market into balance.
Report prepared by Karl Waizecker of Kline May Realty (See blog) Download: Harrisonburg Housing Market Report December 2010 (PDF)
See past Harrisonburg-Rockingham Housing Market Reports at KaiDegner.com.
Downtown Harrisonburg restaurants now have their own website: DoDowntown.net. The new website features information about downtown Harrisonburg restaurants, as well as specials and downtown events.
Harrisonburg's Downtown Dining Alliance formed in 2009 as an affiliation of locally-owned restaurants operating in Harrisonburg's Central Business District. The Downtown Dining Alliance is an ad-hoc committee of Harrisonburg Downtown Renaissance, which is focused on the continued revitalization of the city's center.
Get the Best Deals Downtown
The Specials section of the DoDowntown.net website features both meal, drink, and happy hour specials. Currently, there are specials listed at the Artful Dodger, Beyond, Clementine, Dave's Downtown Taverna, Earth and Tea Cafe, Finnigan's, Jack Brown's Burger and Beer Joint, Local Chop House, and Mrs. Hardesty's Tea Room - check it out!
The downtown Harrisonburg restaurants are an engine to revitalization, and we are proud they are 100% locally-owned.
Kai Degner knows the central Shenandoah Valley communities as if he's walked almost every street - because he has! Kai is the mayor in Harrisonburg, VA, and brings a unique combination of knowledge a
Kai Degner is a real estate agent serving Harrisonburg and Rockingham County. He is a real estate agent with Kline May Realty, a locally-owned brokerage.
Kai's specialties are online and internet marketing of the homes he is hired to help sell. According to the National Association of Realtors, over 85% of home buyers search online during their search, so any Rockingham County or Harrisonburg real estate agent must master the business of internet and social media marketing.
Sell a Home in Harrisonburg or Rockingham County
Kai is a real estate agent with the ability to effectively market properties to home buyers no matter where they reside. Because home buyers rely heavily on online information, anyone planning to sell their home should insist on a real estate agent with strong internet marketing skills. See the Kai Degner Homes Team Key Strategies to Sell a Home in Harrisonburg or Rockingham County. Contact Kai today to discuss your goals for selling a home.
Buy a Home in Harrisonburg or Rockingham County
Whether a veteran home buyers, an investor, or a first-time home buyer, Kai Degner is a ready to focus on your particular needs and desires for pricing, square feet, amenities, timing, and location. Begin with contacting Kai, and looking at the Steps to Buy a Home in Harrisonburg or Rockingham County.
Kai is a double-graduate of James Madison University, receiving a bachelors degree in Integrated Science and Technology and a Masters in Business Administration. During his time at JMU, he got involved in a number of academic and civic projects that connected him to the Harrisonburg and Rockingham County community in a number of ways. Kai is now heavily involved in the central Shenandoah Valley community, having been the mayor in Harrisonburg and currently serving on the five-member Harrisonburg City Council.
Kai’s community roles give him unique insight into the Harrisonburg community and make him a terrific resource for any buyer or seller in the Shenandoah Valley!
Kai has a part-time role as the Director of Business Services at the Fairfield Center, where he is a communications trainer and facilitator. He specializes in developing effective and efficient ways for businesses and leadership teams to develop action items to address their most pressing strategic concerns. In his role, he also coordinates the popular Harrisonburg Summits community dialogue series, which has fast become a premiere community networking program. Kai also created and leads Listening 101, a four-week online course focused on practicing listening.
Kai’s American mother, Gwyn, and German father, Thomas, live in Baltimore, MD, where they are educators; and his brother, Philip, lives in Mooresville, NC – the NASCAR capital of the world (he works for Penske). Kai was born in Wuerzburg, Germany, and is fluent in the language.
SearchShenandoah.com is a best property search site for the central Shenandoah Valley, including Harrisonburg and Rockingham County.
Any buyer may set up a profile for free and get full details on all properties. Also, save your favorite properties!
Find me on Facebook, Twitter, LinkedIn, and online at www.KaiDegner.com
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