Out on a Limb
I usually feel that the market sees a lot of “tire kickers” in January and February. By that, I mean people getting out there and looking at homes but not making buying decisions, thinking that something better will be coming on the market. I feel that we may very well see higher sales this March than we did last March. Weather plays a huge role in February and the warm weather we had got folks out early. I am seeing lots of competition in the lower pricing points and good activity in general. I am optimistic enough to bring our inventory into the market early hoping to “get on and get gone” before there is a lot of competition. I think there is some pent up demand as people held off making buying decisions, in part because of the election and in part because they think better inventory would come on in the spring. We saw more inventory coming on in February and certainly should see a big bump in March. As relocating buyers enter our market in March, the sold signs should follow. Then we will see things start rolling as some urgency is created. As our market continues to unfold, I will, as usual keep you informed.