Hagerstown Housing Picture Not Quite Complete
By Roberto Gonzalez, Hagerstown Commercial Real Estate
(RG Realty Inc)
It may be a little early to start putting the champagne on ice, but looking over last week’s releases of housing reports gives us a fairly good idea of how our Hagerstown housing picture for the year 2012 is likely to end up. “The housing recovery that started earlier in 2012 continues to gain momentum,” according to CoreLogic’s Chief Economist. The monthly data report covered final national numbers for October (a year-over-year rise of 6.3%) as well as a probable 7.1% increase for the month just ended. CoreLogic was also “seeing an ongoing strengthening of the residential housing market” as well as “improving buyer demand.” Washington County housing watchers might have assumed that the aftermath of Superstorm Sandy would have put a big dent in the national outlook, but apparently that ...
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