Friday, March 24, 2017 / by Paul Wolfert
Confidence and Emotions Affecting Michigan Real Estate Market
By: Paul Wolfert
The attachment we build to the places we live in is an easy-to-understand human emotion.
Almost everyone who has ever moved away from or sold a family home has experienced a sense of loss that can be overwhelming.
Those places are jam-packed with memories. Good, and bad.
But that’s only one of the emotional connections that come into play where real estate is involved.
Even though we tend to think of such important decisions as buying and selling Michigan real estate in more hard-headed terms, a host of complicated human factors can play an important role.
One of them is becoming more prominent—and is likely to grow more so as we move into Michigan’s peak spring and summer real estate selling season...the hard-to-pin-down factor of general well-being: the fuzzy—but real—sense of optimism or pessimism that’s shared by just about everyone.
It’s undeniable that when people feel good about the way things are ...
The attachment we build to the places we live in is an easy-to-understand human emotion.
Almost everyone who has ever moved away from or sold a family home has experienced a sense of loss that can be overwhelming.
Those places are jam-packed with memories. Good, and bad.
But that’s only one of the emotional connections that come into play where real estate is involved.
Even though we tend to think of such important decisions as buying and selling Michigan real estate in more hard-headed terms, a host of complicated human factors can play an important role.
One of them is becoming more prominent—and is likely to grow more so as we move into Michigan’s peak spring and summer real estate selling season...the hard-to-pin-down factor of general well-being: the fuzzy—but real—sense of optimism or pessimism that’s shared by just about everyone.
It’s undeniable that when people feel good about the way things are ...