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Labor Day - Don't Count All of Your Chickens Yet

By
Managing Real Estate Broker with Keller Williams Northland

Happy Labor Day

 

 

Labor Day usually signals, at least in the Midwest, the slow down in real estate market activity. This year has given off some strange signals similar to 2003 and 2004. Given the current national condition of the financial markets, it is difficult to talk about up-ticks in real estate activity. However, my activity has picked up.

Maybe I haven't seen all of may chickens yet, but I don't think the barnyard is going to get any bigger. So I must have missed some in the hen house.

I think the market will improve through the end of the year, because there are homeowners who have been sitting on their homes who have refused to sell at fire sale prices.

 

 

David Spencer, Broker and Licensed ZInstructor

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