I looked at Haigs chart and it scared the bejesus out of me. I spilled my coffee!
Draw a line from the top side of the left of the chart down to the bottom of the right. That is one ugly trend.
Keep in mind that we do not know if Haigs home sales quoted are "organic" or whether one or two of them may be Non-organic. Such as a bank selling a property to an investment arm of the same institution. Banks will do this to cover the losses up and give the impression to shareholders that the loan was made whole. Organic sales are from a person to a person and give you a more traditional look at home price directions, excluding bank sales or short sales. I highly expect, no matter what the makeup of the sellers are, the trend is surely headed down. If this was the direction of a plane that you were flying in, you should be highly concerned. I would not put your finances on this plane either.
Erie looks a bit well.....erie to me.
I see lower prices for this area, and no need to rush and risk your hard earned money in this area right away. You most likely will be able to rent a nice home in in this area for a very low cost.
You non-agent friend,