Results are in – with mixed reviews.
My Americans are racing towards the Tax Credit deadline which has created strong first quarter results in all marketplaces from Minnesota to San Francisco as first time home buyers absorb what seems to be many of the REO, short sale inventories. First Quarter goals met and exceeded in all marketplaces with strong second quarters in terms of momentum on the horizon.
Canadian marketplaces are a bit spottier. East coast markets have been brisk while Vancouver markets enjoyed a bit of an Olympics-is-coming – Olympics-is-here – Olympics-is-over – and …where did I leave off at..agent mindset. Not every agent truth be told adopted this holiday mindset. Marc Haslam ran counter in his thinking to many of his peers and sailed through the first quarter winning a Gold medal. And the question of “where did I leave off?” doesn’t matter …because the markets have begun to see inventory levels are increasing. Interest rates are increasing. It’s a new game!
And we know what that means! Know your numbers. Be aware. Watch your days on markets, know your price points of market activity and act quickly to ensure your sellers are able to accomplish their goals! That kind of mindset will ensure second quarters are productive! Spring markets- here we come!