January and August are always the worst two months for real estate. Perhaps real estate is not the only business.
Now it is September and all the companies being open and many clients returning from vacation paired with the cooler weather has markedly changed the market in just a couple of weeks. I expect to see more real estate developers coming out with more properties this month and October. However, I am also hearing that real estate developers are not being able to purchase many properties or even none at all. It will be interesting to see what will happen after the current stock starts to wind down even more. I am already seeing properties that have not sold over a year finally get into contracts.