Good Times Make It Time To Sell Your St Cloud House

Dated: 07/16/2019

Views: 305

 Whenever the U.S. economy is booming, there are naysayers who view it as terrible news. It’s not surprising since economists can disagree about just about anything and point to statistics that prove their point.

A recent CNBC report provides a golden example. It’s one that, if you’re inclined to think it’s time to sell your St. Cloud house anyway, would reinforce that thought. It ran under the gloomy headline “Housing is providing another in a line of troubling signs”—the signs were those “pointing to an economic downturn.”

The report elaborated on a finding that compared home sales statistics from a recent period with those that preceded coming recessions. To the analyst author (Fed economist William Emmons), the result indicated that an economic downturn is likely. Although the trend looked “much less severe” than the one that preceded the Great Recession, he thinks December of this year is a plausible month for “peak growth.”

In other words, starting in 2020, look out!

For anyone who believes Professor Emmons, it means that, for St. Cloud homeowners who are going to sell anytime in the near term, now would be a logical time to put their homes up for sale. That is, before the economy weakens—usually, a trigger for buyer’s market conditions to prevail.

Whether this (or any other) economic prognostication is to be taken seriously is anybody’s guess. But it IS true that if your own plans include selling anyway, the current optimistic mood provides ripe conditions for selling your St. Cloud house. Giving me a call to discuss is a great way to start!    

        White and Brown Concrete Bungalow Under Clear Blue Sky

Providing a superior level of informed, professional real estate services to buyers and sellers throughout Central Minnesota.We have agents specializing in residential, commercial, multifamily, new construction, existing, investment properties, foreclosures/REO, and short sales with offices located in:

Five Office Locations To Serve YOU!

St. Cloud 320-259-4554
Princeton 320-983-3555
Maple Grove763-565-2000
Hutchinson 320-455-9127
Litchfield 320-298-1140

Premier Real Estate specializes MANY areas around Central MN includingSt. Cloud, Waite Park, Rice, Royalton, Sartell, Royalton, Little Falls, Cold Spring, St. Joseph, Elk River, Monticello, Ramsey, Saint Michael, Andover, Ham Lake, Anoka, Champlin, Buffalo, Glencoe, Brownton, Silver Lake, Kandiyohi, Dassel, Minneapolis, Maple Grove, St. Louis Park, Saint Paul, Robbinsdale, Crystal, New Hope, Brooklyn Center and more!

Blog author image

Noel Johnson

Passion for investing in real estate brought me to create Premier Real Estate Services in 2002. Ten years of purchasing & managing several rental properties, while assisting friends & clients with bot....

Want to Advertise on this Site?

Latest Blog Posts

Five Pointers Keep St Cloud Fireplaces Blazing

If your St. Cloud house has a working fireplace, but you’re less than adept at the fine points of dealing with it, there are a few basics that veteran fire builders observe without fail.

Read More

Whats Infiltrating St Cloud Real Estate

Readwrite.com is an engaging online publication that examines all sorts of brain-teasing futuristic innovations. They write about everything from Facebook (“started as a place to meet people at

Read More

Are Huge Changes Sweeping The US Housing Market

The National Association of Realtors® is a sunny organization whose pronouncements can be relied upon to promote (you guessed it) real estate. Like any gigantic organization (we have more than a

Read More

Holiday Pet Hazards Cause Owners To Think Twice

This is the time of year when St. Cloud pet owners start to hear reminders that the holidays usher in Danger Season for family pets. It isn’t only that Fido is liable to pull the Christmas tree

Read More