The Kline May Real Estate Blog

Kline May Realty Blog

Indoor Activities for a Snowy Day

Hello all, Aimee here, blogging on behalf of Kline May Realty and our family of agents. I'm not a big fan of these sub-zero temperatures, and with rumors of another snow storm approaching our already-snow-blanketed Valley this weekend, I've already started thinking about what types of fun activities will keep my outdoorsy little family from going stir crazy this weekend.



Here's a list of 5 Indoor Activities for a Snowy Day:

1) Puzzles - When I was pregnant, my husband took me up to Shenandoah National Park and bought me a puzzle from Loft Mountain Campground to help pass the time when I was no longer allowed to hike. Brad and I never got around to completing the puzzle, but this weekend would be the perfect opportunity to finally start working on it.

2) Arts and Crafts - Crafting is a great indoor activity for a snowy day. Knitting, painting, drawing, crocheting, scrapbooking, the opportunities are endless. My most recent crafting activity was creating a strand of balloon garland for our banister to help spruce up the house for my husband's birthday! Balloon garland is a super cute and easy decoration that looks great, and costs less than $3.00 to create! Instructions available via our friend, Google.

3) Read a Book - Whether you read a book with the kids (my new favorite is Boss Baby) or re-read To Kill a Mockingbird in preparation for the sequel being released by Harper Lee in July (sigh...July), there is just something special about curling up on the couch with a warm cup of tea, reading a book, and watching the snow fall outside your window.

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Harrisonburg Real Estate Market Report - January, 2015

Click here to download Market Update charts for January 2015.

After finishing 2014 strong with a very busy December, we have high hopes for the 2015 residential real estate market in Harrisonburg and Rockingham County. While January's sales were slightly lower than last year's, activity overall seems to be much stronger than at this point last year, with contracts being ratified on 76 homes. Agents are reporting they are busy and our web traffic is high, it seems we are going to have a busy Spring!

January's residential sales of 47 units is 4 (7.84%) fewer than last January. Be aware though, that in our market, until we have several months of sales history in a year, comparing monthly changes can be misleading. With only 47 sales in all of Harrisonburg and Rockingham County in January, you can see how small variations, especially

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3 Questions to Ask Yourself Before You Buy a Home

Hello all, Aimee here blogging on behalf of Kline May Realty and our family of agents. The spring real estate market may be a month or two away, but our Realtors are always abuzz with excitement when it comes to helping the folks in our community to find a home to call their own. Are you considering buying this year?

Here are 3 questions you should consider asking yourself before purchasing your very own home sweet home in today's real estate market:



1. Why am I buying a home in the first place?

This truly is the most important question to answer. Forget the finances for a minute. Why did you even begin to consider purchasing a home? For most, the reason has nothing to do with finances. A study by the Joint Center for Housing Studies at Harvard University reveals that the four major reasons people buy a home have nothing to do with money:

  • A good place to raise children and for them to get a good education
  • A place where you and your family feel safe
  • More space for you and your family
  • Control of the space

What non-financial benefits will you and your family derive from owning a home? The answer to that question should be the biggest reason you decide to purchase or not.

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Thinking of Selling? Now May Be The Time!



Hello, Aimee here, blogging on behalf of Kline May Realty and our family of agents. It is common knowledge that a large number of homes sell during the spring buying season. For that reason, many homeowners hold off putting their home on the market until then. The question is whether or not that will be a good strategy this year. It may be worth it to beat the spring rush in the Harrisonburg-Rockingham real estate market and Staunton-Augusta-Waynesboro real estate market and list your home NOW!

The other listings that do come out in the spring will represent increased competition to any seller. Do a greater number of homes actually come to the market in the spring compared to the rest of the year? The National Association of Realtors (NAR) recently revealed which months and days of the year most people list their home. Here is a graphic showing the results:

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Attaining the American Dream: 5 Financial Reasons to Buy



Heading into 2015 many people have their sights set on buying a home. The personal reasons differ for each buyer, with many basic similarities. Eric Belsky, the Managing Director of the Joint Center of Housing Studies at Harvard University expanded on the top 5 financial benefits of homeownership his paper - The Dream Lives On: the Future of Homeownership in America.

Here are the five reasons, each followed by an excerpt from the study:

1.) Housing is typically the one leveraged investment available.

"Few households are interested in borrowing money to buy stocks and bonds and few lenders are willing to lend them the money. As a result, homeownership allows households to amplify any appreciation on the value of their homes by a leverage factor. Even a hefty 20 percent down payment results in a leverage factor of five so that every percentage point rise in the value of the home is a 5 percent return on their equity. With many buyers putting 10 percent or less down, their leverage factor is 10 or more."

2.) You're paying for housing whether you own or rent.

"Homeowners pay debt service to pay down their own principal while households that rent pay down the principal of a landlord."

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Harrisonburg Real Estate Market Report - December, 2014

Click here to download Market Update charts for December 2014.

It appears 2014 will be known as the year balance returned to the Harrisonburg and Rockingham County real estate market. Frequent readers of this report know we have been talking for the past few years about the return to a balanced market, where Buyer and Seller activity is in sync and inventory is healthy. As we look at the final numbers for 2014 I think we can safely say we have arrived.

  • December's residential sales were very strong, at 93 units. The "slow November, strong December" seems to be a fairly predictable trend over the past several years, with the exception of 2012. After an extremely slow start annual sales finished at 1043 units, nearly a 3% increase from 2013. This increase is typical of a healthy, balanced market in which the market expands at a reasonable rate.
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The National Association of REALTORS' Existing Home Sales Report

Hello all, Aimee here blogging on behalf of Kline May Realty and our family of agents. Happy New Year. The National Association of REALTORS' released their existing home sales report recently, and we here at Kline May Realty wanted to share it with you.



To see a bigger version of this report, please click "Read more." This report was released by our friends at Keeping Current Matters today.

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Exciting Things In Store For 2015



Hello all, Aimee here blogging on behalf of Kline May Realty and our family of agents. Today's blog post, which will be short and sweet, will be the last post written in 2014.

2015 looks like it will be a promising year for our local real estate market. If you are looking to buy or sell in 2015, please give your Kline May Realty agent a call, or if you need to be matched with an agent, please call our office. Inventory is low, which is a great motivation for sellers to get their home on the market, and rates are expected to make a steady incline next year, which may encourage many buyers to act sooner rather than later.

In other local real estate news, Kline May Realty will be expanding in the New Year. Our Fishersville office will be open to the public after the first of the year, and we here at Kline May Realty are looking forward to being able to better serve the Augusta County real estate market. More information about the Fishersville will be coming soon, so keep an eye on our Facebook page in the coming weeks.

If you have any questions about the housing market or our new office, please call us today or e-mail us at info@KlineMay.com.

From our family to yours, have a safe and healthy New Year.

It's Beginning to Look A Lot Like Christmas at Kline May Realty

Hello all, Aimee here blogging on behalf of Kline May Realty and our family of agents. Are your stockings hung by the chimney with care? Take any long winter's naps lately, or are you too busy in the evenings scrambling to get your Christmas (or Hanukkah) shopping and wrapping done?

It's beginning to look a lot like Christmas here at the Kline May Realty main office, and even at a few of our listings.


Christmas time at Kline May Realty is a festive time. There have been all sorts of goodies on the kitchen table like chocolates, cupcakes, cookies, fudge, and even a Kline May Realty Gingerbread House.

And boy, oh, boy...the decorations. Here's an example:



Curt Laster has a blinking Sierra Mist Christmas tree on display. Greg Pfaff hung colored icicle lights above his cubicle and has a sad-looking Charlie Brown Christmas tree resting on a cubicle panel. There's a binder clip on the tree and a broken ornament, too. Someone even placed a bright pink Christmas tree in Carole Persinger's cubicle so there were three festive cubicles in a row. It's a magical, yet tacky, sight, let me tell you.

The magazine-quality tree is downstairs, decorated by the one and only Rebecca Funkhouser. Rebecca is the Martha Stewart of tree decorating at Kline May Realty and I'd be willing to argue the greater Shenandoah Valley. The first picture in this post is of Rebecca's tree!

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Harrisonburg Real Estate Market Report - November, 2014

Click here to download Market Update charts for November 2014.

As colder weather and holiday planning arrived in November, our area's typical slowing of the real estate market began. The Harrisonburg-Rockingham Association of Realtors® Multiple Listing Service (HRAR MLS) recorded 65 residential sales in November. This is a significant, but expected, drop from the past six months in which monthly totals consistently exceeded 100 sales. Not to fear, though, this is normal for November, and YTD sales are ahead of last year. Some highlights from the month are:

  • The 65 residential sales in November increased the annual total so far in 2014 to 948, which is 22 (2.38%) more sales than the total at the end of November 2013. In addition, the number of sales in the past 12 months increased to 1035, the highest 12 months sales figure since September, 2008.
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