While on tour yesterday a client called me and asked if I thought the market was letting up a bit. That's a tough question when your waiting in line to view a listing or there's only 5 new listings in any given district.
Year over year we always see a pattern of inventory shortage and then an influx of listings that hit the market after the big game. Why is this? Does football control the Real Estate Market?
What I have found historically is that once the big game is over there is an abundance of sales in all industry's. Everyone finally gets those skis they've been dreaming of or maybe a new gym outfit. Its like the second Christmas with spring and summer on our minds. All the gifts on our holiday list the were somehow overlooked. People generally get an extra pep in their step.
Right now there is so little inventory its tough to say if the market will let up and suddenly we will have an abundance of properties. My feeling is it will. Although I'm not seeing a lot on the market, what I am seeing is a lot of "Coming Soon" signs in the neighborhoods.
There's hope for a touchdown yet!
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