How is the Real Estate Market going?

One of the questions Real Estate Agents are most frequently asked is ‘how’s the real estate market going? There will always be an honest answer from me! Things are very quiet in our industry at the present time, but so is everything, retailers, food, cars, you name it, almost everyone is feeling a slow down. Why is this do you think? Well my thoughts are; it is Winter! We traditionally have a slow period during this time, its quite ‘normal’. However the past few years has been very busy and this was ’abnormal’. It is amazing how quickly we get used to the good times! Realistically, for every up there is a down and for every high there is a low. We are experiencing a slight stabilisation in the market, added to that we have an incredibly bad weather, storms, rain, snow and yet more rain. Each Sunday in the last two months has brought about terrible weather, funny how it gets worse on Sundays when we are doing open homes. This does not inspire anyone to go out and purchase anything let alone thinking about moving house.
What will the future bring? Nature is poised ready to burst into Spring and in another month there will be blossom and flowers everywhere — the sign of new beginnings! This of course, inspires people to move forward and think about their future. I guess at the end of the day we are all like bears and hibernate over those cold winter months to prepare for a great summer.