Marin Market Marches Forward: Albeit Slowly

March rolled into Marin recently with a thunderous roar, literally. The unusual long spell of dry skies opened up and when it rained, it poured. This was a good thing as we needed the rain, frankly. Complaints around town were few and luckily there weren’t a lot of high winds to topple any of our mature trees. Okay, Ted, but what does this have to do with real estate?

Plenty, is the answer. First of all, we don’t see a lot of sellers put their homes on the market during a big (or even small) storm. This is a smart call. After all, you want buyers to stream through, not a stream running through your front yard. People come out in droves on sunny weekends in Marin, some to buy, some just to shop and some to borrow remodel ideas for their own projects. Whatever the reason, the better the weather, the better the turnout. And the better the turnout, the better the number of offers will be. Even if it’s a clear day in the winter months, buyers are looking to buy most days of the year.

They just seem to shop more when the sun is out. I mean, don’t sunny skies just signal, well, sunny skies? People tend to buy things when they feel good, I think. Like when you go to Hawaii on vacation. You feel so good over there in the warmth and being away from your job, you end up buying all sorts of things you wouldn’t ordinarily spend money on: local trinkets, t-shirts, aloha wear, even a Timeshare on occasion. You’re in such a good mood, it’s easier to part with your cash and the same rings true for real estate, here anyway.

This is one reason so many people buy in the warm months of April, May and June. But also as many of them want to close escrow and get unpacked and set up in time for the summer, or for school to start in August. So if you’re a seller and thinking of selling, wherever you are, get going and get that great house on the market! Just try to make sure and time your first (or even second) open house when it’s sunny. The feel-good dynamic should trickle on up right into your bank account. And the buyers are out there, believe me.

That’s it for now. Enjoy March, wherever you are. Any real-time questions though, let me know what I can do to help. Thanks for reading and here’s to a great 2018 for all of us.

TS

Text or call 415.377.5222 or email ted@gomarin.com

Filed under: Marin Real Estate Blog by Ted Strodder