Will April Showers Bring May Flowers?
Well the tally is in, and yes, April, 2011 will go down in the books as one of the wettest Aprils in history.
Along with the rain, we had below normal temperatures which prevented the blossoms and flowers from blooming! Even the lawns are behind with the cold temperatures.
And for many businesses, this weather has also put a damper on the normal spring activity! In real estate, as soon as the weather starts to break with warmer temps and sunshine, the buyers come out of the woodwork and the spring market take off. But not this year because of the rain and cold temperatures!
However, the sellers have been busy working on their homes to get them ready for the spring market and are putting them on the market. So what we are seeing is the inventory increasing, but no buyers to buy them!
And now May is continuing with the cool rainy weather so it’s anybody’s guess when the spring market will happen here in Rochester!
What about your market? Is it similar to ours?
or is April Showers Bringing May Showers, not Buyers?