I just finished reading an article through CNN Money which shows the Housing Market is up but, still lower than expected. It states that's they feel our Market is up but, the reason they feel the numbers are lower than expected is due to the WEATHER. Because the country has experienced such a harsh winter even with the Tax Credit, potential Buyers have not been able to get out and look at homes.
Who would have thought? I personally find a little irony there. It makes sense when we think about the winter months being traditionally slower than the warm months but, it sounds like grasping a bit to me.
I'm sure speaking for myself I enjoy showing homes more when it's warm and I certainly enjoy going into a warm toasty home more than a cold one but, I just not sure I buy blaming home sales on the weather...
Winter comes every year. I feel our Market decline is based on jobs. If people are not shopping for homes they are not shopping because they can't afford to pay for homes or they are afraid to buy because they don't feel secure in there current job and a steady income coming in.