Tuesday, August 26, 2008

Did the Olympics affect Real Estate?

We were talking about that very topic in our office. Our conclusion? Yes, it did!

With the market doing it's typical August slowdown as people take their last opportunity for a summer vacation, realtors were watching the Olympic coverage. Many late nights were spent in front of the TV. With no "sense of urgency" to be in the office, realtors were also taking their last opportunity for a summer break --- from work.

And, with the kids going back to school, buyers, sellers, and realtors can all refocus on the business at hand --- real estate!

At least, that's our opinion.

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