Archives for July 2014
Usually, the Spring Real Estate market starts in the Middle of February (or sooner!). The idea is, as buyers see it, they are able to move in to their new home after school ends and get settled in the Summer before the kids head back to school in September. It starts in February, weather permitting… Ha! Not this year! With such incredibly cold and snowy weather (Ice Storm, anybody?) people were just not interested in going into one home after the other. Also, sellers were not interested in having their homes for sale with such brutal weather, day in day out. Therefore, there was a huge lack of inventory for sale but, quite surprisingly, a lot of ‘ready’ buyers with very little to look at! Then, once the weather calmed down (mid April), the For Sale signs started to go up. The spring market usually starts to quiet near the end of June; not this year. Since it started late… it’s still going strong. Buyers want to buy and sellers are going on the market! Don’t let the summer fool you! Spring is now! It will probably just convert to a Fall market (in Sept/Oct) and continue going strong without skipping a beat. Enjoy the sun! Don’t wait for the Fall market; this current ‘Spring market’ could be much better than the prospects for the coming Fall market.