Real Estate Holiday Slump Goes Missing — Caldwell, ID

Looking for the Caldwell Holiday Season Sales Slump?
In Search of the Holiday Real Estate Sales Slump
Caldwell Real Estate Predictability Hits a Holiday Black Hole

For the trend-spotters whose job it is to keep on top of the U.S. real estate market, it’s been a rough couple of years. The big miss for most came with the pandemic, which threw all the normal market rhythms seriously askew. Caldwell real estate offered no exception. As the New York Times’ banner headline lamented last week, “Will Real Estate Ever Be Normal Again?”

The best answer for Caldwell’s real estate future is, ‘Don’t count on it anytime soon.’ That’s a prediction that can be made with more certainty than usual because off-kilter selling patterns are already showing up in markets all over the U.S.

The latest “normal” phase to be threatened is the customary holiday season sales slump. There are traditional reasons for that pause in Caldwell real estate activity (weather is the least significant). It’s just human nature. Sellers who aren’t under immediate pressure to sell would rather not disrupt family plans during the holiday season, just as buyers tend to delay their real estate forays for the same reason.

But this year has been looking different, reflected in a breathless quality evident in national media reports. They often focused on inflation, leaving the unmistakable impression that it was heaping added pressure onto decision-makers. Some of last week’s examples:

Zillow economist J. Tucker: “…the cost of building materials and appliances and light bulbs and paint is rising….”
Corelogic: “…rental prices…already rose 10.2% in September year over year….”
Realtor.com: “Real estate has historically been viewed as a hedge against inflation.”
Yahoo.com: “Real estate experts say this holiday season won’t come with the typical slow in the housing market…”
CNBC: “An unusual surge in home buying, just as the market enters the historically slow holiday season, is driving mortgage demand higher.”

CNBC seemingly couldn’t help itself, adding, “With rising inflation and a hot housing market, here’s what you need to know about buying a home right now.” All in all, it seemed as if the traditional year-end real estate market slowdown had gone missing.

If you have been developing your own year-end (or next-year) Caldwell real estate initiative, I can help. Call anytime!

#RealEstate #ID #NampaID #Nampa #Idaho #LydiaRoy #Agent

--

--

--

After moving away from Idaho to California and Arizona, I am back! Idaho is home for me. My husband, our three kids, and I enjoy the simple life.

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Regulation of High CEO Compensation Is Up for Debate

Possibilities for Affordable Housing in Cambridge

Indian growth and the uneasy truth.

Open Letter to Politicians, Business Community, and the People of Ukraine on importance of…

Meanwhile ADS13

Can blended-finance approaches fund distributed infrastructure in conflict zones?

Michael Finney and his commitment to our community

My 7 Reasons Why Capitalism is Done (with free excerpt from my latest book included)

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Lydia Roy

Lydia Roy

After moving away from Idaho to California and Arizona, I am back! Idaho is home for me. My husband, our three kids, and I enjoy the simple life.

More from Medium

Ollech & Wajs, unofficial watch of the Red Arrows 1967–70

The problem that was never solved for video surveillance, scalability. But now it’s here.

In which I put on a new cap.

Incredible Black Friday & Cyber Monday Deals on SEO Tools