Why Being Local Changes Everything Real estate decisions succeed when guided by someone who truly knows Harrisonburg. From traffic flow near EMU to zoning updates around JMU, Zach Koops understands what influences buyer behavior day-to-day. Strategy Backed by Insight He blends analytics with lived e

Recent data and research have highlighted a significant trend among older Americans: the growing preference to age in place, choosing the familiarity of their own homes over moving to specialized care facilities. This shift in senior housing choices is driven by a combination of emotional attachment

In 2023, the real estate sector played a pivotal role in stabilizing the economy, particularly through new home sales. This trend defied the common belief that housing leads the economy into a recession, showcasing the resilience and significance of the housing market. The Role of New Home Sales Tra

The Shift in Buyer Mindset In the ever-evolving world of real estate, a significant change is underway. Homebuyers, once hesitant and waiting for the perfect market conditions, are now adapting to the current realities of the housing market. A recent report from Bank of America reveals a striking sh

You might have heard the claim that Wall Street investors have bought up a whopping 44% of homes this year. Sounds alarming, right? But hold your horses! It’s time to separate fact from fiction. The Viral Claim: A Closer Look So, where did this 44% figure come from? It seems to have originated from

The Federal Reserve’s recent strategies to combat inflation have sparked significant discussions in economic circles. Notably, their approach, which involved substantial rate hikes and quantitative tightening, was intended to manage inflation by affecting the labor market. However, this strategy has

A significant trend known as the ‘Silver Tsunami’ is emerging. This phenomenon, highlighted by analyst Meredith Whitney in a discussion with Yahoo Finance, refers to the changing housing patterns of aging Americans. Let’s explore what this means for the housing market in 2024 and beyond. Decoding th

As we reflect on the past year in real estate, one of the most striking aspects was how housing inventory defied all expectations. Contrary to popular belief, the housing market in 2023 presented a narrative quite different from what many had predicted. Predictions vs. Reality Entering 2023, there w

The year 2023 marked a significant period for homebuilders, showcasing their resilience and adaptability in a dynamic market. As we look towards 2024, the outlook for homebuilders appears even more promising, with several factors contributing to this optimistic forecast. The Rise of New Construction

As we step into 2024, it’s essential to reflect on the previous year’s housing market trends to understand where we’re headed. The year 2023 was marked by slow home sales, rising interest rates, and inventory constraints. However, the upcoming year shows promising signs of change and recovery in the

In a significant development for the housing market, mortgage rates have recently dipped to their lowest level since May 2023. This change marks a pivotal moment for potential homebuyers who have been cautiously observing the market. A Welcome Decrease in Mortgage Rates As of January 11, the 30-year