Home prices expected to increase since hammers may become illegal!

By
Real Estate Agent with Progressive Realty (Boise Idaho) www.Progressive-Realty.info DB-17066
https://activerain.com/droplet/NSR

Economics is all about supply and demand.  Several factors are at play simultaneously that may cause an even greater housing shortage and therefore higher prices.  Developers and builders have had to declare bankruptcy due to the recent housing crisis and since they couldn’t compete with the liquidation pricing offered via short sales and foreclosures. Concerns over the “fiscal cliff” and possible tax hikes have kept demand lower.  Now, it appears there may be additional shortages.

Based on recent events, there has been a massive increase in demand for assault weapons and ammo clips in anticipation of a possible ban.  Since history is known to repeat itself, economists are expecting a possible ban on hammers next due to today’s conviction in Boise, Idaho of this woman who used an assault hammer to kill her mother!

Hammer murder conviction Idaho

As you can tell, at the time of this writing, this story was already starting to go viral on the internet.  Home Depot and Lowe’s are anticipating brisk sales as people rush out to acquire hammers before possible bans (or registration requirements set in).

Psychologists are being interviewed to see if hammers are actually a gateway to harsher tools like nail guns.

I will be tracking these developments as I have a personal interest in the outcome.  Years ago as a Realtor in Boise, I was checking on the progress of a new home being constructed when I became the victim of a walk by nail gun shooting!  The framer missed the stud and a framing nail shot 20’ and hit me as I was on a public sidewalk.  Fortunately, it hit sideways!  

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Rainmaker
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Pam Jank
Coldwell Banker Schneidmiller Realty - Coeur d'Alene, ID
Your Coeur d'Alene & North Idaho Real Estate Pro

Jim, That's hysterical!  Thank you for sharing.  Oh, by the way... Don't forget your Hardhat the next time you are on a job site :-)

Jan 05, 2013 02:37 AM #1
Rainer
284,418
Steven Cook
No Longer Processing Mortgages. - Tacoma, WA

Jim -- I didn't see hammers or nailguns in the top ten list of causes of death - but I didn't find the list for injuries -- they may be near the top of that list!!

Jan 05, 2013 03:22 AM #2
Rainmaker
299,380
Jim Paulson
Progressive Realty (Boise Idaho) www.Progressive-Realty.info - Boise, ID
Owner,Broker

It has been a year since I originally wrote this blog, so I figured I better follow up.

I was correct in my prediction about house pricing increasing as in Ada County our prices are up substantially since this time last year.  However, maybe it is due to people mellowing out with the legalization of marijuana in some states, but there has not been another case of hammer wielding crazy people tyring to kill other people, so hammers are still legal.

Jan 30, 2014 04:27 AM #3
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Rainmaker
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Jim Paulson

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