"Nothing happens in real estate this time of year right?"
So often I hear this from people I meet - past clients, friends, people at parties, etc. One can explain the numbers: number of listings in December, number of pending transactions, number of closed sales. We can break those down by state, by county, by town, by neighborhood.
And just as often I see eyes glaze over.
So, I now use anecdotal stories to make the same point. When asked I now tell people...
- Christmas week I had two closings on properties I listed in November. They closed 12/22 and 12/24.
- On 12/20 I presented an offer on new construction for a buyer; it was accepted on 12/21. We had the bank appraisal done on 12/27, and the home inspection is set for January 3.
- Clients relocating from the Boston area are flying out here on January 1; we have 2 days of property tours set for Jan. 2 and Jan 3. Hopefully they'll find their California home and we'll be writing up an offer.
- The week of January 5 I'm meeting with a seller, making final preparations to list her property.
- By January 12 we'll be getting disclosures and inspections set up for another listing.
These weeks around the holidays are busy ones in San Francisco, San Mateo County and the Silicon Valley.
Things do happen in real estate this time of year!