Christmas Vacation — for the Housing Market, Too
It’s official: last Monday thru Sunday (Dec. 21 – 27) was the slowest week of the year.
Just as it was last year, and the year before.
My office — Edina Realty City Lakes — recorded 44 showings for that period.
By contrast, the peak period in early August had 332 showings.
That eclipsed the busiest week in Spring, which usually marks the peak.
The difference this year?
Buyers expected the first-time credit to expire at the end of November, and were hustling to get going in August and September.