Here we are on the last day of November and wow what a November it has been. One of the things I like the most about this time of year is the gorgeous sunrises and sunsets. They almost make up for the cloudy days and long nights.
In the last week, there has been a large drop in the number of houses put up for sale. There has been a smaller drop in the number of houses on the market that have gotten offers. That means that the number of houses for sale has dropped from a low to a lower low. 🙂
The time between Thanksgiving and Christmas is the slowest time of the year for home sales in Minnesota. The worsening pandemic is likely to make it a little slower.
When I say slow I mean in the number of home sales. The average amount of time it takes to sell a house is less than 30 days and will remain so during the holidays.
Only the most motivated buyers and sellers buy or sell in December. Historically home prices are the lowest for the year in December. Even so, 2020 continues to be one of the best years ever for home sellers.
Today is Cyber Monday. Please be careful about clicking on the links in those spammy emails. If something on a shopping site looks too good to be true it might be because it isn’t true.
