Sep 9, 2010

Slow Start But Strong Finish to Summer RE Market

What started off back in June looking like it would be a quiet summer sales season ended up with many brokerages talking about unexpectedly high numbers of deals being done. As the summer went on, despite the heat, more and more contracts were being signed. As a result, most agents are very optimistic about the Fall Selling Season, typically the busiest time of the year for sales agents.

Labor Day usually signifies not only the end of summer and the start of school but also begins the Fall Selling Season. Historically, things get jump started as sellers return from summer vacation and inventory spikes. Then there is the lull as we hit the Jewish Holidays in Mid Sept or Early October. But this year the Jewish New Year coincided with Labor Day Weekend so that once we hit the ground running there should be no let up till Thanksgiving.

Talk around the "water cooler" is that this is going to be the busiest Fall Season in a number of years and there is not a sales agent in the city that is complaining about that.

Happy Selling!!!!

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