Where were the buyers right after Labor Day? We're not sure, but they are out now! Open houses are busy, multiple offers have increased, and mortgage lenders are busy. We've learned not to try too hard to predict what's going to happen in our market area, but we can certainly talk about what is happening, and we can certainly say that it is happening now.
This doesn't mean that everything is rosy--sorry to say. Prices have continued to go down in many places, and still aren't back to 2008 levels in most parts of the State. There is probably a good correlation, in fact, between low prices and high activity. Especially if you move here from another part of the country, a lot of our inventory looks like--and is--a bargain. So sellers shouldn't expect that more traffic will mean higher offers.
As my father often said, "There is no tomorrow in real estate". So I can't tell you that those buyers will still be out there next spring, or even next month. Do what you have to do to get your property sold, and move on to the next stage of your life while you can. It's good news that we have activity at this time of year, and it's better news if sellers take advantage of that to close transactions.
