A report from “the trenches”:
“The last four Realtor Tuesday tour days have been near torrential down pour, limiting the amount of property tours. Sunday open homes have witnessed minimal turnout and consistent water fall has kept soon to be sellers from getting their property in selling condition.
What does this mean?
Good weather after Easter Sunday will yield a hot real estate market. Many agents are holding listings off the market until the weather gets better and buyers seem to be in the same shoes. Expect the real estate market to mimic the weather–hot/cold.”
This jibes with what we’re seeing with regard to inventories (up significantly since the beginning of the year, but relatively flat over the past four weeks), but it also begs the $64,000 question: “hot” for who?
∙ San Francisco Real Estate Gets Rained On [ReyEstate]