My New Blog

Its mid June and although I have just come off from a whirlwind of late April and May... June seems to have "dried" up. Why???

In speaking with other agents who also have many listings in various price ranges; they too, are stating that showings on their homes have decreased dramatically- if any showings at all!

In Glenmont alone, a prominent community outside of Albany, only 1 home was shown last week in the $200K-$250K price range. Comparing that to a total of 15 showings during the week of April 13-19th, its obvious that the market has taken a "pause" from its earlier activity.

Is it job fear?  NYS is laying off 10,000 state workers around July
Can't be interest rates as they are in the mid 4% range, a true steal
Cant be selection of inventory as listings are feverish on the market
Cant be prices as I have seen the prices fall readily since March....

I'll take it simply as a pause and watch the pulse as the month ensues...
Watch for the next round of market stats as I will post them here. Mays stats are due out June 21.... so please revist my blog!