I Love October

October is a wonderful transitional time where you can sense the temperature and humidity changes in the air. It makes me feel relaxed and yet invigorated at the same time. Here are some October and Autumn quotes:

“There is no season when such pleasant and sunny spots may be lighted on, and produce so pleasant an effect on the feelings, as now in October.” – Nathaniel Hawthorne

“The sweet calm sunshine of October, now
Warms the low spot; upon its grassy mold
The purple oak-leaf falls; the birchen bough
drops its bright spoil like arrow-heads of gold.” – William Cullen Bryant

“The leaves fall patiently
Nothing remembers or grieves
The river takes to the sea
The yellow drift of leaves.” – Sara Teasdale

“She had only to stand in the orchard, to put her hand on a little crab tree and look up at the apples, to make you feel the goodness of planting and tending and harvesting at last.” – Willa Cather

“The gilding of the Indian summer mellowed the pastures far and wide. The russet woods stood ripe to be stripped, but were yet full of leaf. The purple of heath-bloom, faded but not withered, tinged the hills… Fieldhead gardens bore the seal of gentle decay; … its time of flowers and even of fruit was over.” – Charlotte Brontë

“But I remember more dearly autumn afternoons in bottoms that lay intensely silent under old great trees.” – C. S. Lewis

“Bittersweet October. The mellow, messy, leaf-kicking, perfect pause between the opposing miseries of summer and winter.” – Carol Bishop

The Pundits Can Be Wrong

Many analysts thought that the housing market in Orange County and California was going to continue to be bad through 2012. They also thought that distressed sales (bank-owned homes and short sales) were going to increase and that prices would probably drop. They figured buyers would still remain on the fence and inventory would still be somewhat high. Boy were they wrong!

Inventory, including distressed sales DECREASED in 2012. Home prices went UP substantially in 2012. Home buyer entered the market in droves, and they were not just investors. And the trend is still the same as it has been for the past 14 months. It looks like inventory will still be quite low, buyers will still be very active and prices will still go up through 2013.

Many people believed the analysts, pundits and well-meaning friends, and missed a fabulous time to buy last year. It is still a good time to buy since prices still have room to go up and interest rates are low, so if it makes sense for you to buy this year, try to do so sooner rather than later.