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Lots (lots!) of contracts signed thus far in May 2013

May Contracts

If the first 28 days of May are any indication, our local housing market will be setting new records this month.  There have already been 125 contracts signed on residential real estate listings in Harrisonburg and Rockingham County this month.  That is nearly double the pace of contract signing seen in previous months of May.
 

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Home Price Gains in the Context of Inflation

There are lots of ways to evaluate home prices in our area these days based on the data set that we select... All home sales Just detached home sales Just resale homes…