Friday, February 2, 2007

Weather & The Housing Market


Wow, it has been bitterly cold in central Missouri for quite some time. It's funny how the weather will affect home buyers and their need to purchase a home. I read an article the other day about how December was seasonally warm and the housing market was strong. Then I found another article about January's weather and how it was seasonally cold and the housing market had really dropped off. What does this mean?

People like to shop comfortably for homes. Dealing with the elements that weather can sometimes bring just isn't worth it for most people. It's hard enough to keep emotions in check when considering something with such importance as a home, but had snow, rain or sleet to the mix and human nature says "I'll wait till the weather changes".

Statistically if look at the market trends of home buying the strong months are from March through October. This is a directly correlation to weather and how it can greatly impact the Midwest, Northeast, and Northern markets. I for one am anxiously awaiting some better weather!

Your comments are welcomed!

No comments: