Harrisonburg Real Estate Market

Now is a great time to buy a house in Harrisonburg, despite what you might read in local newspapers. Over the past year, house values have actually risen 1% in Harrisonburg, but the common perception is that they have fallen by 10% - 20%. When the actual value of property is higher than the perceived value, this means that Harrisonburg housing is currently a good investment for potential buyers.

If you’re looking for a Harrisonburg realtor, you need to be careful to find one that understands the true state of the market at present. Many real estate agents in Virginia have generated a sense of fear and confusion through their marketing material that is counter-productive and often simply inaccurate. Real estate is a complex enterprise, and it is important to contract with someone who understands the situation fully.

The Virginia Real Estate Board is also a great place to find information about the current housing climate in Harrisonburg. Doing your research will help you make an informed choice when buying or selling your home.

1 Comment so far

  1. Scott Rogers on February 1st, 2008

    I agree — there are some good buying opportunities in Harrisonburg right now. Though market conditions vary considerably in different price ranges.