It was a busy work weekend. I have several new buyers starting out who are anxious to start reviewing choices. Inventory remains low so we keep the parameters a little loose to get into more neighborhoods to test out how they feel. One party also visited with a builder. The pace at the model home was light but not lifeless. Another family was finalizing choices while we found out about the few lots which were left in the neighborhood.
My open house today ran from 11-1pm (trying to get ahead of the Vikings game at noon). The property is a fair-sized one-level-living twin home in a development of eighteen similar homes. There was steady traffic starting at 11:20. All but one couple were late middle aged couples at various stages of getting ready to let go of their twenty-year family home. Common sense says do it. And most of them will get around to it.
If in these closing weeks of 2022 there are families sitting talking to builder reps and couples lining up to transition to one-level living, then we’ll be in good shape for 2023. These shifts will free up properties of new buyers, drawing them out of their apartment.