Scott P. Rogers
Funkhouser Real Estate Group
540-578-0102  •  email
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Brought to you by Scott P. Rogers, Funkhouser Real Estate Group, 540-578-0102, scott@HarrisonburgHousingToday.com
Tuesday, June 10, 2014
What was 2013?

OK -- this is as clearly as I can put it....
  • The number in the brown bar (285, 301, 380, 333) shows how many homes sales had occurred by the end of May for the past four years.
     
  • If we ignore 2013 (for a moment) we see that Jan-May 2014 home sales are a reasonable prediction based on the trajectory between 2011 and 2012.
     
  • This, thus, leaves me wondering if the pace of home sales in 2013 was the new trajectory, or an abnormality.

It could have been the new trajectory --- and perhaps 2014 home sales will catch back up later this year, after having been slowed down by wintry weather early in 2014.

Or perhaps, 2013 was an abnormality --- and the pace of home sales in 2014 will not catch up to the fast pace of 2013.

Only time will tell....