Quality > Quantity Buyers (at Least Until After Labor Day)

The Holidays . . . the post-Holidays . . . any stretch in Winter when it’s well below zero.

qualityAnd mid-to-late August.

What do all of those periods have in common?

They’re all predictably slow for housing transactions in the Twin Cities.

Late Summer Slow-Down

The flip side(s) to aforesaid slow stretches:  1) the Buyers who are out looking then are invariably serious, motivated, etc.; and 2) Sellers who list their homes during such lulls beat the influx of new inventory (= competition) that inevitably follows.

Based on my own book of business and what I’m hearing and seeing, this year in particular looks likely to see a surge in new listings after Labor Day.

P.S.:  As opposed to the “quiet before the storm” when school resumes next week, this week qualifies as “the storm before the quiet,” at least for families with school-age kids (mine qualifies).

About the author

Ross Kaplan has 19+ years experience selling real estate all over the Twin Cities. He is also a 12-time consecutive "Super Real Estate Agent," as determined by Mpls. - St. Paul Magazine and Twin Cities Business Magazine. Prior to becoming a Realtor, Ross was an attorney (corporate law), CPA, and entrepreneur. He holds an economics degree from Stanford.

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