Real Estate Industry

**Richard W. Beauchamp** · 09-18-2007, 08:19 PM

As the Summer residential market comes to a close and we enter the active Fall market, it is always interesting to listen to real estate Agents predict the activity levels for the Fall and Winter markets. Probably the easiest myth for general public members to buy into is the slowing of the market due to the November and December holidays. This usually results in an Agent bumping into a prospect in November who tells them that they will be putting their home on the market

**IggysListing** · 09-19-2007, 08:45 AM

There is so much misinformation out there and assumptions (which I despise).
I affiliated with a major real estate firm years ago, because I wanted
excellent training. The subject of December and Christmas sales came
up. I had guessed that sales would be slow. I asked one of the old timer agents. She said no, that some of her busiest sales periods had been around that time.
Of course the big one for me is applying genreralties such as real estate
bubbles to a market that has always been location specific.
I will get off of my soap box now.
Thanks for posting this.

**Malok** · 09-19-2007, 10:33 AM

While things can slow down for some aspects of the real estate market during the holidays, corporate relocations are usually hopping in the latter months of the year.

People that take new jobs usually have to be in their new job by January 1 - which means they need to find a new place to live.

There are always opportunities out there. Just have to figure out where they are.

**Nealrm** · 09-19-2007, 10:45 AM

I'm not sure that the November / December slowdown is a myth. In this market the number of listing on market drops down about 50% compaired to summer levels. I don't think it is all due to the holidays.

Many of the seller have school age children and do not wish to pull them out of school during the year. They normally plan on selling duing the summer break. By November, most of then have either sold or off the market. Next years sellers try to time the sale so it occurs after the end of the school year in June. So they yet on the market in December.

I can tell by the number of hits on my site that buyers and sellers start to look more at real estate after mid January. I see a large jump in hits the end of January with an increase into February. It then stays steady until September.

**MrsSea** · 09-20-2007, 08:03 AM

Originally Posted by IggysListing

There is so much misinformation out there and assumptions (which I despise).
I affiliated with a major real estate firm years ago, because I wanted
excellent training. The subject of December and Christmas sales came
up. I had guessed that sales would be slow. I asked one of the old timer agents. She said no, that some of her busiest sales periods had been around that time.
Of course the big one for me is applying genreralties such as real estate
bubbles to a market that has always been location specific.
I will get off of my soap box now.
Thanks for posting this.

Ditto on the assumptions. I am the kind of person, if you are saying something be it a fact, an echoed sentiment, or a widely talked opinion, I love a challenge and the stuff I am hearing seasoned professionals is simply pumping me up! LOL

**marcosll** · 10-03-2007, 04:01 AM

I have been tracking property enquiries for 4 years and have the monthly figures at hand. My Real Estate company is based in Southern Spain.

There is definately a considerable slowdown in December here each year.