I always associate September with going back to school. My mother was a teacher, I was a student for many years and I had children and they attended school. My daughter is a teacher/college professor.
September also marks the beginning of the fall home-selling season. It used to be that the market would slow way down in August and then pick up again in September. We still see this pattern but it isn’t as pronounced.
The next slowdown can happen after Thanksgiving and before Christmas. It isn’t just the holidays that slow things down it is partly because people don’t like to move when it is snowy and cold out. The spring home sale season starts in about January and we often see a peak in prices in April.
This year we can predict a strong fall hone sales season because of the high demand for houses, low mortgage interest rates, and a local unemployment rate below 3%.
