Summer Doldrums

Posted at 4:48 PM, Jun. 8, 2007

Reflecting back over the past couple of weeks, I am now conviced that the summer real estate season is upon us. There will be buyers, but they will be fewer and farther apart. This is the norm and in actuality, it was late in arriving. There have been a number of new residential listings lately albeit in the higher price range of our market. One house is now on its third or forth agent. Go figure! The temperature has been rising and the prospect for grass fires before the summer monsoon looms large. We have been very lucky so far, but we have not had rain for some time. Instead, we have had wind - the norm, the necessity, for a good monsoon season. A month from now it should become green. It is the time to visit if you want to know why so many are choosing the Mountain Empire for their home. The best climate; the best views; and the best people for friends. Our market is holding fairly steady although there has been some softening in land prices. The best values would appear to be in the 10 to 20 acre parcels. The best home prices would be those under $350,000 of which there are both listed and FSBO offerings.