Homes Sales Have Biggest Surge in Several Years

By: Litsa Pappas Email
By: Litsa Pappas Email

HARRISONBURG -- Harrisonburg and Rockingham County are seeing the biggest surge in home sales in several years.

Alan Martin is only 23 years old and he just bought an apartment building. It's an investment he said, but he's excited about it.

"It was always my childhood dream, grew up playing Monopoly and stuff like that," said Martin.

Martin said he waited for the housing market to get better before he bought the property.

"The opportunity really came up and we jumped at it and we started looking at the numbers, and we were really happy with what we saw. We shopped around and went with the best deal we could find."

Martin is one of many people in the area who bought into the market during the last couple months.

Scott Rogers, a local realtor, said in this year alone, home sales in the area have surged by more than 30 percent. He said that's the biggest increase in sales during the last several years.

"I would've expected some modest improvements as our market begins to stabilize improve, but to see as much robustness in the housing market is an encouraging sign," said Rodgers.

It's an encouraging sign for people like Martin, who plan to cash in on the upswing of the market. Martin plans to rent out the apartment units in his building to make a profit.

"I mean it's going to go uphill from here. I'm 100 percent sure of that."

Rogers said many others are doing the same thing and that's a good sign the local economy is improving.

Rogers said home sales in the area increased by 43 percent in February compared to the same time last year. He said this increase for the market has been a long time coming for Harrisonburg.

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