Very Still Ponds
On the assumption that Edina Realty's City Lakes Office is a good bellwether, it's pretty quiet out there at the moment.
How quiet?
For the seven day period December 20-26 -- in other words, spanning Christmas -- there were a sum total of 26 showings for my office.
By contrast, in early April, before the Buyer tax credits expired, weekly showings peaked at just under 300.
In non-tax credit years, the peak typically arrives a few weeks later, in late April - early May.
P.S.: And no, that's not a local pond; Minnesota's lakes and ponds are now very much frozen.
Monday, December 27, 2010
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