A Great Sign For Buyers

I have spoken to several Realtors who told me the weekend of June 12th-13th was very slow for their listings with few showings and even fewer offers. I also heard this from 2 Realtors at SMDRA’s Fuze Meeting on Friday when I was discussing the May Stats. Further, that weekend we had no clients write an offer on a home which shocked me as we normally average 5 clients a weekend writing offers. Finally, I had clients go under contract last Thursday on a $500k home in Aurora that had been on the market for…an amazing 12 days and it’s under contract for list price. WOW!!!

I think this is the beginning of our normal Summer Slowdown that usually starts around Father’s Day and lasts through mid-August at least as people go on vacations, many for the first time in 2 years.

For buyers with smaller down payments NOW IS THE TIME TO STRIKE AND LOOK AT HOMES AND GET UNDER CONTRACT!