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Spring Market Report?

By: Lonn Dugan
Monday, March 17, 2008 7:23 AM

Spring brings sales.  Is it Spring yet?  In your area?

Local agents report a surge in buyer activity in Toledo Ohio area.  Now there is a sure sign of spring.

Sure, we have the usual.... Robins came in over the weekend.  Snow melted.  Hyacinth and Daffodils are breaking ground. 

Even better, an agent I spoke to last week said 6 houses that sat all winter are now under contract.

I have predicted a market turnaround this year.  Sooner, not later.  At least locally.  It may be underway.

What about your area?

 

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Comments

Larry Bertok
Member Since '06

Larry Bertok said:

Hi Lonn, I have had more calls in the last two weeks from buyers and other Realtors then I have had in the last two months. I, like you believe our market will turn around this year. Donold Trump said if you are thinking of investing in real estate, make your move before July of this year. That's when we should see home values start to move up.

March 17, 2008 7:02 AM
Mipeco Realty, Inc -  Michaela Krestenic, Broker-Owner
Member Since '03

Mipeco Realty, Inc - Michaela Krestenic, Broker-Owner said:

I'm far from being that optimistic. I see pretty much no changed around here (Chicago's northwest burbs) and I don't think we'll see anything good at least till 2009, but more like 2010.

March 17, 2008 10:08 AM
Wyla Salo GRI
Member Since '07

Wyla Salo GRI said:

Hah!  We still have over two feet of snow on the ground and what with giant mountains of snow from plowing and snow blowing you can't even walk around a house to look at it.  The sun has come out, however, and some roofs are now visible.  We just hope all this is gone by July! Once we clear this (over 110 inches so far this winter) out the market will probably explode. But we're not clear of snow storms until May, if we're lucky.  But the skiing and snowmobiling are still great!

March 17, 2008 4:37 PM
Chantal Gakwaya
Member Since '06

Chantal Gakwaya said:

I'm not sure Florida actually has Spring. But the Canadians and English are starting to come over in force.

The more foreigners the better I say. We need as much help as possible to bail out this market.

March 18, 2008 12:48 PM

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