Posted on February 6, 2012
I write this Pinnacle Report with a heavy heart since our New England Patriots did not pull off a win last night to become the Super Bowl 2012 winners. It was quite upsetting to say the least. During these times of disappointment – mostly because of my Dad’s ever-upbeat attitude – I always try to find a way to look positively at what has happened. And this morning, I found that silver lining. I was listening to a report from Ron Insana, and he detailed the Super Bowl Predictor Theory. Basically if a team from the old National Football League (and the New York Giants are from this league, which is now called the National Football Conference) win the Super Bowl, it’s an indicator of an upcoming bull market. And according to the star.com, the “indicator has been right 80% of the time in 36 out of 45 Super Bowls.” I like this; this makes me feel better. And if this turns out to be true (let’s keep our fingers crossed), then this is a good thing for our whole nation. Okay so from now on, this is how I’m going to try to think about this disappointing, sad Super Bowl loss for our team – I’m going to remember the Super Bowl Predictor Theory of a bull market for 2012. Oh yeah!
And now back to reality and the real estate front…. In the last two weeks in Weston, MA, the number of solds* actually outpaced the number of new listings – six single family homes came on the market and 10 sold*. It’s been an early and busy Spring market. Given the large number of solds*, our inventory (67) has decreased since my last report (72), but we know this number will increase as we continue into the spring months. The activity is happening at a variety of price points, which generally indicates a healthy market. Let’s hope this positive activity continues….
To fully enjoy all of the market stats, please click Weston Pinnacle Report 1-23-2012-2-5-2012 for the details. And if you are considering putting your house on the market in the spring, please contact me (781-267-2844 or www.homesalesbylisa.com) for a complimentary home appraisal or with questions about the market.