Welcome! This blog tracks the real estate market in the Central Shenandoah Valley, featuring market data and analysis, an exploration of common buying and selling questions, and candid commentary on all things real estate.
If you are interested in discussing any of the topics on this blog, or the details of your specific real estate situation, call or e-mail me!
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Fooled by a narrow scope? |
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Thanks a lot Dustin, now things are even more confusing.  So, Dustin suggested that I examine data prior to 2008 to see if we could learn more about why single family home values surged in the City of Harrisonburg in 2010. Well, as you can see above, we may have been fooled by looking just at 2008-2012 data. I have highlighted (in yellow) the time frames when the City and County median prices were relatively similar. Now you'll note that there were two surges in values --- City values surged ahead in 2010 (and then stepped back into line) --- but before that, County values surged head in 2005-2007 before stepping back into line. What explains it? Gas prices? Home buyer tax credits? | |
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Scott Rogers
Funkhouser Real
Estate Group
540-578-0102
scott@funkhousergroup.com
Licensed in the
Commonwealth of Virginia
Harrisonburg Townhouses
Harrisonburg New Homes
Heritage Estates
The Glen at Cross Keys
Cottages @ Stone Spring
Liberty Square
Founders Way
Harrisonburg Foreclosures
Bank Owned Properties
Potential Short Sales
Lease/Purchase Options
Owner Financing
Property Transfers
