In trying to figure out the first part of 2014, that’s the best sort-of-analogy I can make. So far, things are looking less awesome than they would appear. There are so many nuances that I tend to look at for clients – new construction versus resale, proximity to whatever it is that is important to them and that particular sub-real estate market, interest rates, ability to walk or bike to groceries and more. But. For a brief high-level look –
It looks like the first two months of 2014 were slower than the first two months of 2013 and March is when the market starts to pick up.
Remember – Normal” is “Now”
Still trying to figure this out …
For context, let’s look at 2012 versus 2013:
And for the full 12 months –