Does The End Of Summer Mean The End Of The Housing Market?

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Real Estate Broker/Owner with Bayou Properties Realty
http://actvra.in/G6b

Does The End Of Summer Mean The End Of The Housing Market?

Doug Rogers Century 21 Millennium

 This time of year sellers start to get nervous. With children returning to school, the dog days of summer will soon end. Does the end of 95 degree days mean that home buying will come to an abrupt stop? Nope, let's examine why August should make school kids sad, but not necessarily home sellers.

1) Buyers have been distracted with back to school--As the parent of four kids, I can tell you the end of July/ early August is a blur. Uniforms, hair cuts, open houses, last minute trips, parents are simply busy. August is typically one of my slower months in the business.

2) The only "heat" will be in the home prices-- I showed houses most days in July. Touring properties in 100 degree heat is no fun. Let the temperatures drop just a little, and suddenly people want to look again!

3) With the school years come routine-- Summer can be a chaotic time for parents. Once school starts the kids have a place to be from 8-3:30. Thus it becomes easier for parents to tour a couple of homes on their lunch break.

4) As the weather cools off the real buyers heat up-- Like the mighty wildebeests, the "house hobbyist" is subject to seasonal migration patterns. You know the ones, those folks who like nothing better than to spend the afternoon looking at homes. Of course they have no intention of buying, home touring is a cheap date. Yes, a prospect once told me that. For some reason these folks move on to other "Freebies" come September. My guess is they hit the car lots...

 Home selling occurs year around in the Alexandria/Pineville market. Keep your home clean, because I may be calling to show your home soon!

Doug Rogers Century 21 Millennium

 Looking for a top real estate agent in Alexandria, Louisiana? Need help selling your Pineville Louisiana home? Call Doug Rogers with Century 21 Millennium (318) 613-1994.

 

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Searching for a Top real estate agent in Alexandria Louisiana? Need help selling your Pineville, Louisiana home? Either way call Doug today!

Doug Rogers

Broker/Owner

Bayou Properties Realty

 

Bayou Properties Realty

301 Jackson Street, Suite 201

Alexandria La 71301

(318) 613-1994

 Equal opportunity housing. Doug Rogers is a licensed real estate broker in Louisiana

 

 

 

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Show All Comments
Rainer
121,233
Renee Hearne
Crye-Leike Realtors - Maumelle, AR
Realtor, CRA, CPPS, MMDP

My son is 8 and will start 3rd grade. You're right for some summer is the best time for a move. But movtivated buyers and sellers act based on need.

Aug 08, 2012 07:06 PM #11
Rainmaker
1,286,442
Carla Muss-Jacobs, Principal Broker/Owner
BuyersAgentPortland.com | (503) 810-7192 Portland Metro Exclusive Buyers Agent | 100% Buyer Representation ~ 100% o... - Portland, OR
Buyer Focused ~ Buyer Results

The housing market will be around, and those buyers with school aged kids will have thought about it by now, but I get a lot of business when it's cold and rainy -- not a lot of buyer competition then ;-)  Savvy buyers know that!! 

Aug 08, 2012 07:11 PM #12
Rainmaker
676,994
Mary Yonkers
Alan Kells 1-814-881-7548 - Erie, PA
Erie/PA Real Estate Instructor

Doug,  let's hope not.  From the comments here it doesn't see to be what is happening in most markets.  With the extreme heat in your area I would think that the buyers would wait till cooler temps.

We say that the serious buyers who need to buy will come out no matter the weather.  I have shown houses in a blizzard as well as middle of summer.

Good luck!

Aug 08, 2012 07:11 PM #13
Rainmaker
481,255
Ken Tracy
Charles Rutenberg Realty - Naperville - Naperville, IL
Naperville Illinois Real Estate
Hi Doug. Nice post as always and congrats on the feature! August has always been a slow month, but fall is usually great! Thanks for writing! Ken
Aug 08, 2012 07:41 PM #14
Ambassador
1,553,897
Ed Silva
RE/MAX Professionals, CT 203-206-0754 - Waterbury, CT
Central CT Real Estate Broker Serving all equally

While there may be times when we seem to be busier than others, the work and the phone calls are there all year roundl

Aug 08, 2012 07:57 PM #15
Rainmaker
480,473
Jan Green
Scottsdale, Phoenix, Cave Creek, Carefree, Fountain Hills - Scottsdale, AZ
RE/MAX Excalibur Scottsdale REALTOR®, GREEN

Good for you.  Keep that attitude and nothing stands in your way! Go get 'em!

Aug 08, 2012 08:03 PM #16
Rainmaker
1,068,326
Joan Whitebook
BHG The Masiello Group - Nashua, NH
Consumer Focused Real Estate Services

There are different types of buyers throughout the year.  It is always a bit slow in July since it is a big vacation month in New Hampshire.

Aug 08, 2012 08:10 PM #17
Ambassador
634,683
Doug Rogers
Bayou Properties Realty - Pineville, LA
Your Pineville Louisiana Agent

Thanks for the comments!

Aug 08, 2012 08:53 PM #18
Rainmaker
996,108
Karen Anne Stone
New Home Hunters of Fort Worth and Tarrant County - Fort Worth, TX
Fort Worth Real Estate

Doug, I think that throughout the entire year, there is always a group or two of buyers who think that that is the best time for them to look for a home.  Even in Fall and Winter.  Lots of reasons why that works... there really are.

Aug 08, 2012 08:57 PM #19
Rainer
161,613
Sajy Mathew
Coldwell Banker Select Professionals - Lancaster, PA

This year has flown by!  My summer slowed down but I am looking forward to a busy fall season!  Time to get busy!!

Aug 08, 2012 09:06 PM #20
Rainmaker
977,580
Sharon Alters
Coldwell Banker Vanguard Realty - Fleming Island, FL
Your Fleming Island Relocation Agents.

Doug, some of our busiest times have been during the holidays and we also stay busy all year long, for which we are very thankful.

Sharon

 

Aug 08, 2012 09:08 PM #21
Ambassador
876,352
John McCormack
Albuquerque Homes Realty * www.AlbuquerqueHomes.com - Albuquerque, NM
AlbuquerqueHomes.com, Albuquerque Homes Realty

Doug... We're still on the move here in the ABQ and surrounding areas. 

Aug 08, 2012 09:55 PM #22
Rainmaker
507,509
Jordon Wheeler
The Jordon Wheeler Group - Fairburn, GA
J W Group Real Estate Sales and Service

Hey Doug,

Definitely staying busy in metro Atlanta.  It's been year round for me for the last several years.  Best of success to you this year!

Aug 09, 2012 01:09 AM #23
Rainmaker
1,387,364
Andrew Mooers
MOOERS REALTY - Houlton, ME
Northern Maine Real Estate-Aroostook County Broker

Real estate is year round. Buyers purchase all the days of the year because life waits for no one, does not follow a calendar.

Aug 09, 2012 05:59 AM #24
Rainer
126,954
Herman Herrera
HERMAN & CO REAL ESTATE l Staten Island, New York - Staten Island, NY
Your trusted Staten Island Real Estate Expert

Yes real estate is year round but there are months that are slower than others.  

For me that time comes around the holidays...end of November to begining of January.  Between the holidays and the cold weather things quiet down a bit.  I use this time to grow my listing inventory.  I also scrutinize my marketing budget from the previous year to see what works and what doesn't and decide on what I'm going to try different in the coming spring.  Right now?  I'm very busy.  Thankfully!    

Aug 09, 2012 07:09 AM #25
Rainmaker
1,273,872
Richie Alan Naggar Author PEARLS SERIES of books
People first then business! Ran Right Realty Riverside, Ca - Riverside, CA
on LIFE and LOVE plus Real Estate too!

My experience has been that there are people who want ice cream when its cold outside. They like it and they just want to have it or do it...As to housing, if someone wakes up one morning and wants to purchase, any day is a good day

Aug 09, 2012 07:09 AM #26
Ambassador
1,096,225
Joni Staples
Berkshire Hathaway Home Services - Anderson Properties - Huntsville, TX
Your Huntsville / Lake Livingston Area REALTOR®

It certainly slows down after the summer in my market. But we sell homes in the fall ~ just in time for the holidays! We sell in the winter ~ wanting to be in their new home for spring. In the spring, so they can be on the lake for summer.... ☺

Aug 09, 2012 07:37 AM #27
Rainer
46,965
Jeanne Gregory
RE/MAX Southwest - Sugar Land, TX

We usually always hit a bump right before school starts, but then the weather cools a bit (very little bit) and we go again.  It's been a great year.

 

Aug 09, 2012 08:15 AM #28
Rainmaker
275,471
Carol-Ann Palmieri
RE/MAX Executive Realty, Al and Cal Realty Group - Franklin, MA
"Cal" the Real Estate Gal

Hi Doug.  Nice post.   This question is always asked by people thinking to sell.   Some of the craziest times are the ones when you least expect it.  

Aug 09, 2012 10:49 AM #29
Rainmaker
684,784
Pamela Seley, REALTOR®
REALTY EXECUTIVES OTF - Temecula, CA
Seals the Deals in Temecula Valley California

The best part of the year for selling real estate is just beginning. Buy or sell any time of year. 

Aug 09, 2012 11:54 PM #30
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