Is The Real Estate Market Picking Up?

In a recent discussion with local real estate brokers, we were hashing over this question. It does seem that showing activity has increased in the past 10 days. There are still not very many contracts being written in our market place but at least the buyers seem to be jumping off the fence for a look at what's out there.

It seemed to be a general opinion that buyers believe our market is overpriced and sellers need to reduce their prices. We are seeing some price reductions come through our Multiple Listing System. I had a seller come in yesterday and reduce the price $25,000 on a property saying they are ready to sell!

It will be interesting to me to see if it sells quickly. I don't believe the sky is falling but perhaps prices are...

It's Friday!!!

People are always saying, "Thank God it's Friday" Is that because they just love Friday better than any other day of the week?

Perhaps it's because they get tired of getting up every weekday morning at a certain time to be at work at a certain time, to do a certain job, to get a certain paycheck(these days one can be thankful for that), and they just want a change in pace. They can sleep in. They are more in control of their own schedule. They can relax, take a hike, watch a movie, read a book, ride 4-wheelers or whatever their heart desires. They have two days before they have to be back at a certain place and get up a certain time to be there!

People seem to be in a better mood on Fridays, full of anticipation of what the weekend will bring. I just wonder sometimes what would happen if every week day were a Friday? Would our attitued improve? Just wondering...