Monday, February 7, 2011

We Are Weather Driven!

2818 Mount Pleasant
1890 home in historic area south of downtown, hear So. Broadway. 3+ bedrooms, historic feel. Listed at $130,000.





You know, we as humans are not much different from our brother animals. Many animals in these midwestern, northern hemisphere areas, hibernate for the winter. The longer I'm in sales, the more that I notice that we humans do the same things. We come out for a bit around the holidays to purchase the necessary Holiday and Christmas presents and then back into the holes of our homes and work we go...trying not to come out unless necessary...that is, until spring and the trees bloom and the flowers pop and our minds turn to ... all things outdoors.





Real estate is always affected by weather in a buyers market. As soon as we get a good cold spell, or worse, snow or ice, we notice that buyers burrow. But, let a warm day come about and bam! phone ring, people look. Time to buy. Warm weather is tied to our pocket books and hardwired in our brains. Something about warmth makes us want to buy.





The funny thing is that this cold snowy weather also brings about greater bargains from sellers. Not many sellers want to be on the market during the winter months...not now, at least, during a buyers market. So, you can find more bargains out there and more sellers willing to deal this time of year. It's another reason why not to wait...and to buy!





I read a great article in the Broker Agent Professional magazine. It was entitled Why Buy? And here's a quote from it: Buy because the city heat (cold) is just about to make your head explode, and cool lake breezes are better than warm alley breezes any day of the week. Buy because you'll walk a little taller if you live on that street where the maples high overhead reach across the street and shake hands with each other. Above all, buy because you want a better lifestyle for you, for your friends, and for your family, and the purchase you're contemplating allows you to more easily obtain that lifestyle.





If you need fundamentals to buy, realize that interest rates are unbelievably low and inventory is monumentally high. Realize that whether or not the market creates an identifiable bottom, you're not going to know when it does. if you're hoarding cash hoping for market bottom balloons to be released from the pink unicorns soaring in the sky, I hope you have fun swimming and boating in your money vat like a decidedly uncartoonish Scrooge McDuck. Just buy because of the 320 months of summer we're all hoping for out of lie, way too many of them have already been wasted worrying about 5% market swings, and 5% interest rates."





Until next time!