What are your predictions for the local real estate market in 2011?
Scott P. Rogers
What do you think? Will the real estate market be getting better in Harrisonburg and Rockingham County during 2011? Could it get any worse? One of my predictions can be found here.
One (of many) indicators that I monitor is how many people are using our company web site and agent web sites.
The meaning of this data is not immediately clear to me --- because there is a near constant increase in web site usage over the past twelve months. I expected to see much more seasonal variation in this metric.
Web traffic did dip down slightly in October 2010, which would make sense if more people were looking for properties during the summer months.
The big shock, however, is that buyers seem to be out (online at these web sites) in large numbers right now. Even if these interested buyers aren't all turning into active buyers, it is exciting to see that there has been so much activity in December and January.
So.....what are your predictions for the local housing market in 2011?
One (of many) indicators that I monitor is how many people are using our company web site and agent web sites.
The meaning of this data is not immediately clear to me --- because there is a near constant increase in web site usage over the past twelve months. I expected to see much more seasonal variation in this metric.
Web traffic did dip down slightly in October 2010, which would make sense if more people were looking for properties during the summer months.
The big shock, however, is that buyers seem to be out (online at these web sites) in large numbers right now. Even if these interested buyers aren't all turning into active buyers, it is exciting to see that there has been so much activity in December and January.
So.....what are your predictions for the local housing market in 2011?
