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This Year, Costa Mesa Labor Day Could Signal…Who Knows?

If more Costa Mesa homeowners think of Labor Day as signifying the end of summer than as the beginning of fall, that could be due to the tyranny of school calendars. Even after the last school-age kid has graduated, for many families, the rhythms established during their small frys’ school days can repeat for years out of sheer momentum.

For whatever reason, for Costa Mesa real estate, it’s long been taken for granted that, more years than not, a lull in activity can be expected—even for families with no school-age children.

Throughout the nation, a Labor Day-real estate connection does have a legitimate basis in the vacation home sector. Sellers frequently choose to enjoy their second homes for one last summer before listing them as autumn begins. Vacationers who have just discovered the spot they wish to make their regular family getaway destination are apt to initiate serious cabin-hunting around Labor Day. They figure they can have their new retreat purchased and ready for move-in by next spring.

Some assume that a Labor Day-real estate link could also be the result of some immutable rhythm of nature, like the turning of the leaves. As Forbes once noted, the fall is usually when “Home prices, like leaves, fall.” Another possible reason why buyers could often anticipate a less competitive market was a more relaxed demeanor among their own fellow shoppers. Also, per Forbes: “There’s no deadline for most fall home buyers.

Given the abundant unique surrounding factors accompanying this particular Costa Mesa Labor Day, prudence might suggest the wisdom of abstaining from forecasting either a quieting or quickening of local activity. As for Forbes, in place of the columns where it once predicted “4 Ways the Real Estate Market Changes After Labor Day,” the Forbes editors might be wise to instead publish a simple “watch this space.

Meantime, for area sellers and buyers-to-be, word of the latest actual post-Labor Day Costa Mesa real estate action can be yours anytime. Just call!

We are built on a philosophy of Heritage & Hustle. The L3 is a full service real estate agency with a regional office located in the heart of #CostaMesa, offering a wide-array of custom services to meet their clients’ needs with roots in the community since 1976. It’s L3 mission is to provide trusted, convenient, responsive service to ensure clients enjoy their real estate experience. The L3 was originally formed to offer personal, concierge-level service as an alternative to the large, nationally based real estate companies. From its small beginnings of only two employees, The L3 has grown to a full staff of 25 serving over 300 clients a year. The L3 is not limited to serving just its clients; it is also committed to serving the community. Not only has The L3 donated hundreds of hours to many area charities, they have also received the prestige of being named one of the #toprealestatecompaniesinCostaMesa If you’re interested in #buyingorsellinginOrangeCounty, turn to the experts. Turn to The L3 and let them help you make your real estate buying or selling dreams come true. For more information or to get started on finding or selling your home contact The L3 today at 714-444-4663 or email us at info@thel3.com

 

  

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