We had two beautiful days last weekend in Lake Geneva for the beginning of November.  It will be interesting to see if the mild weather will continue and if it will have a positive impact on the amount of activity and sales as we head toward the end of the year.  In past years, we would “normally” expect our activity to slow between Thanksgiving and Christmas as potential Buyer’s attention gets diverted to the Holidays.  I’m not sure much of anything about the real estate market has or will continue to follow the norm this year, so an exception to that with a continued level of higher activity during that time period would be welcomed by all. 

A couple of interesting articles are linked below.  The first indicates that in a poll taken by Home.com, 5% of the respondents indicated they plan to make a real estate purchase this coming year, a possible indication that the perception is that prices have bottomed out and will be on the rise again in the future.

The second article discusses the extension of the $8,000 tax credit that was due to expire on November 30th and details of the expansion of the program.

5% of Americans plan to buy a home next year

Tax Credit Program extended and Expanded