Thanksgiving in Harrisonburg
Posted Tuesday, November 25, 2008 by Barry Suttles
Just a short post before the Thanksgiving holiday. 

There is certainly a lot for which to be thankful this year.  Yeah, yeah, I know,... you wouldn't know that if you listen to the news, but listen to this.

Harrisonburg Rockingham Association of Realtors

As of today 11/25/2008 there are 1200 single family homes for sale in our MLS. The highest price was $2,995,000 and the lowest price is $64,900. 
So I'm thankful that there is a home priced for nearly everybody. 

Also, in only the last month 66 homes were closed and were marked sold.  The highest price sold last month was $485,000 and the lowest priced $73,350.  Good news for 66 people who are now enjoying Thanksgiving in a new home and will enjoy the American dream.

There are 26 homes pending, which means they are working toward closing those homes soon.  I'm thankful that those people will be enjoying the coming Christmas and winter holidays in a warm new home that they can decorate and enjoy with friends and families.


So I'm thankful for many things and I am especially thankful to be living in the Shenandoah Valley.  Statistically speaking, it is great to be in Harrisonburg Virginia. Call me for more information.  

Barry Suttles  

New Homes Group -Manager
Kline May Realty
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Real Opportunity in Real Estate
Posted Tuesday, November 11, 2008 by Barry Suttles
If you are waiting for a good time to invest in real estate, I'd say, "What are you waiting for?" Our American economy has historically experienced crisis after crisis. We've experienced the great depression, world wars, inflation, stagflation, market booms, market bubbles, economic slow downs, stock market bears and bulls too.  But the one thing that remains consistent and true; those who invest inteligently in real estate will over time become wealthy. 

If you are waiting, and trying to "time" the market, good luck. Wealthy people like Warren Buffet and T. Boone Pickens are investing right now, and in this economy!  No one can "time" the market,by the time you have decided to act, the opportunity has passed you by.

As a real estate professional in Harrisonburg, Virginia, I believe this a great time to invest right here in the Shenandoah Valley.  

And here are some reasons why:

1.    Harrisonburg is a college town with outstanding schools like James Madison University and Eastern Mennonite University.

2.    The Shenandoah Valley is one of the most beautiful places on earth.

3.    Harrisonburg has low real estate taxes and a low crime rate with a great proximity to major cultural areas.

4.    The local economy is resilient and strong and continues to have one of the lowest, if not the lowest rate, of unemployment in the state.

5.    From agriculture, to high tech, Harrisonburg Virginia has it all.There is an abundance of investment opportunity here.

While other areas of the country have been hard hit by the recent economic problems, our area continues to be, and has been, stable with few real estate foreclosures and good price stability. But even with that said, there are still bargains to be had. So, purchasing real estate in the valley is a smart investment.


Remember, unlike other types of investments, when you buy a piece of land, a home, or other real property, you have a tangible asset that is unique, and generally speaking, never worth zero.
Contact me for more information.

Barry Suttles – Realtor
New Homes Group
Kline May Realty



 
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