This morning on the WSVA radio website, the news item below was posted:

VALLEY COULD BECOME HOUSING ANOMALY

Rockingham County 03/02/07 Central Shenandoah Planning District Commission's latest study shows parts of valley may find themselves in a unique position when it comes to the real estate market.

The Housing Costs Comparisons report says the local housing markets in this region could potentially experience increases in demand and prices that exceed those occurring in recent years. This would be due to competition for available housing between retirees moving from areas outside the region, the local workforce seeking to live within the region in which they work, local retirees from within the region seeking to stay in the area, and senior populations already within the region who are looking to downsize from their current housing.

I searched the SCPDC website for the full text of the report, but couldn't find it.  I emailed the SCPDC just now to ask them to fax or email it to me.  I'm wondering which "parts of valley" they're talking about. 

My thinking is that Harrisonburg - Rockingham County is one of those "parts of valley" they're referring to.  Our area is booming now with the coming SRI facility, the expanding enrollment at JMU, the plant expansions planned or coming online at Merck and Coors, and the healthy market for poultry products the area poultry plants are enjoying. 

I will post the details of the report when I receive them.