Christmas & the Housing Market
There are plenty of reasons to explain why the housing market decelerates around the holidays: it’s customarily a time to celebrate with one’s family; take a respite from work (vacation, even!); and generally reflect on one’s — shall we say — existential circumstances.
Plus, the weather (at least in Minnesota) is lousy.
All in all, a time for spirituality — not commerce.
No Time for Lowball Offers
However, I’d posit that another, related factor is at work: Christmas spirit doesn’t exactly go with aggressive negotiations.
Even if the market is soft and a home isn’t necessarily worth the owner’s asking price . . . Christmas just doesn’t seem the right time to make that point (at least to a real, live human being — vs. say, a bank).
Wishing all my readers a peaceful, happy Holiday, and a prosperous 2011!
