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Karen Weger

Are buyers on vacation?

By: Karen Weger
Sunday, June 10, 2007 10:08 PM

It seems to me, business has slowed down since school let out. Are any of you experiencing a slow down during the quote "vacation time"? If I find this to be a trend, I am going to take vacation next year this time too.
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Comments

Jana  Davis & Marcia Demerjian
Member Since '05

Jana Davis & Marcia Demerjian said:

No they are following our clients and us around writing offers on the properties we are writing on.  Actually most schools are not out here for another 2 weeks.  Hey we might find our clients a house then!

Jana

June 10, 2007 9:31 PM
Gary Szolosi
Member Since '03

Gary Szolosi said:

The last three weeks have been slow after a big surge in April and May. I am hoping this is the pre-vacation slow down and it is about to end.

June 10, 2007 10:35 PM
Martha Kelley
Member Since '05

Martha Kelley said:

Actually, I'm more busy now.  It's this time of year when everyone moves and gets settled in before school starts again.  It's crazy hot here, too!

I guess we are in a different market......

June 10, 2007 10:48 PM
Dan  Grammatica, e-PRO
Member Since '05

Dan Grammatica, e-PRO said:

No their not on vacation.

They are being told by the media to wait it out "prices are coming down"

In Torrington, CT there has only been 3 contracts written since April 1st on properties from $325000- $375,000 (top of the market) and 2 of them were New Homes.

What do we do?

should we keep reducing the price when there's "NO ACTIVITY"?

At what price can we get activity?

CT listings at http://realestatetorrington.com

June 11, 2007 7:02 AM
Larry Bertok
Member Since '06

Larry Bertok said:

I think Dan is right! I get a lot of calls and emails because of my radio show, and one of the most common questions is "should we wait to buy because they are being told the home prices are going to come down even more this year". I always respond with I feel the home prices are going to start increasing along with the interest rates. I am trying to positive about the housing market. I am also swamped and my buyer agent ask me to add another agent because he is over loaded. If you take the time to educate the public you will find more buyers. Just food for thought...

June 11, 2007 7:30 AM
Phil Rotondo
Member Since '04

Phil Rotondo said:

Karen,

Business slowed down in Florida right after August, 2005. I took off in September, 2005.  Please let me know when it picks up so I can return from vacation.

Pass the Grey Poupon please......

June 11, 2007 8:00 AM
Ronda Kaufman
Member Since '06

Ronda Kaufman said:

In my area things are hot. I spent the last 4 days from 10 AM to almost 8 PM with different buyers showing and writing offers and counteroffers.

All but 1 is all cash, so only one lender and they are good to go. I hope things stay this hot around the Atlanta Metro area.

June 11, 2007 10:38 AM
Kevin and Christina Stevens
Member Since '06

Kevin and Christina Stevens said:

I think in some markets this is the case.  In our Galveston market (beach town) it picks up b/c people don't generally think about a 2nd home when it is beach season.

in Vegas it is just slow period.  

In San Antonio we are experiencing great growth so I think the summer is not an issue.  

In general this debate has would up mixed from what I have read in the past.  I think it just depends on your market.

June 28, 2007 2:24 PM

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Karen Weger
Sunset Canyon Realty

Karen Weger
Member Since '05

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