How did the first half of 2012 compare to previous years?


How did the first half of 2012 compare to previous years?
By Scott Rogers • July 20, 2012
Things to note.... This year (2012) is showing an improvement (+5%) over last year. The spike in 2010 was related to the federal home buyer tax credit. We are unlikely to see further declines in sales pace. What this means for you.... If you're looking to buy, do it soon. A changing tide in the local housing market (things are picking up) and the historical low interest rates, make now a great time to buy if you're considering doing so in the next 6-12 months. If you're looking to sell, things will hopefully be brighter and brighter from here. The pace of sales has increased and prices are stabilizing, so hopefully you won't see further declines in your home values. If you absolutely have to sell, you should be OK doing so now, but if you can wait --- keep waiting for another year or two. Receive Updates by Email Recent Articles: Is There A Price You WOULD Pay For This House? There Are Plenty Of Types Of Houses That Exist That Just Are Not Available To Purchase Home Sales By Price Range In The City Of Harrisonburg Are You Compromising On Aspects Of Your Next Home That You Can Or Cannot Change Later? How Much Slower Are The Winter Months In Our Local Housing Market? Rockingham County and New Home Sales Drive Surge in Area Housing Market Find The Balance Between Optimistic And Realistic Home Pricing Room Size Is Difficult To Understand Solely From Real Estate Photos How Much Would You Value Not Having To Prepare Your Home For Showings? One Out Of Four Homes Is Taking Longer Than A Month To Sell
Have any questions? Contact Scott Rogers at 540-578-0102 or scott@funkhousergroup.com
Based on information from the Harrisonburg-Rockingham Association of REALTORS® or its MLS, for the period Jan 1, 2000 through Nov 22, 2024 (unless otherwise noted).
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