{"id":8979,"date":"2016-02-04T13:36:23","date_gmt":"2016-02-04T13:36:23","guid":{"rendered":"http:\/\/www.anthonydidonato.net\/wordpress\/?p=8979"},"modified":"2016-02-04T13:36:32","modified_gmt":"2016-02-04T13:36:32","slug":"groundhogs-know-best-spring-buying-is-on","status":"publish","type":"post","link":"http:\/\/www.anthonydidonato.net\/wordpress\/groundhogs-know-best-spring-buying-is-on\/","title":{"rendered":"Groundhogs Know Best: Spring Buying Is On"},"content":{"rendered":"

Groundhogs Know Best: Spring Buying Is On<\/h2>\n

 <\/p>\n

\"Groundhogs<\/a>

Groundhogs Know Best: Spring Buying Is On<\/p><\/div>\n

The infamous groundhog \u2013 Pennsylvania\u2019s Punxsutawney Phil \u2013 may not only have the power to predict how many more weeks are left to winter but also the ability to predict the start to housing\u2019s busiest time of year.<\/p>\n

Phil didn\u2019t see his shadow on Tuesday\u2019s Groundhog Day, which, if superstition holds true, means that winter will be shorter this year, with a warmer February across the country.<\/p>\n

If the groundhog is correct, Jonathan Smoke, realtor.com\u00ae\u2019s chief economist, says, that could spark an early start to the spring home buying season.<\/p>\n

\u201cOver the 47 years for which we have sales data, when February\u2019s temperature was above average, February home sales showed growth over the prior year 60 percent of the time,\u201d Smoke writes in his most recent column at realtor.com\u00ae.<\/p>\n

But what matters more than the weather is the health of the economy and the demand for housing, Smoke writes.<\/p>\n

\u201cWhen the market is strong and temperatures are cold, we still typically see growth,\u201d he writes. \u201cBut when we have a strong market and warmer temperatures in February, we are far more likely to see growth.\u201d<\/p>\n

And \u201cwhen the housing market is strong like it is now, and Phil doesn\u2019t see his shadow, February sees an average 11 percent year-over-year increase in existing-home sales,\u201d Smoke continues. \u201cThanks to Punxsutawney Phil, we know that the spring housing market starts early this year \u2014 and buyers and sellers had better be ready.\u201d<\/p>\n

Source: \u201cGuess What? Spring Home Buying Starts Now (Thanks, Punxsutawney Phil!)\u201d realtor.com\u00ae (Feb. 2, 2016)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Groundhogs Know Best: Spring Buying Is On   The infamous groundhog \u2013 Pennsylvania\u2019s Punxsutawney Phil \u2013 may not only have the power to predict how many more weeks are left to winter but also the ability to predict the start to housing\u2019s busiest time of year. Phil didn\u2019t see his shadow on Tuesday\u2019s Groundhog Day, … <\/p>\n

Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[16,8],"tags":[5,32,4,9],"class_list":["post-8979","post","type-post","status-publish","format-standard","hentry","category-news","category-real-estate-tips","tag-anthony-didonato","tag-news","tag-real-estate","tag-tips","item-wrap"],"yoast_head":"\nGroundhogs Know Best: Spring Buying Is On - Real Estate Agent and Sales in PA - Anthony DiDonato Broomall, Media, Delaware County and surrounding areas in Pennsylvania<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/www.anthonydidonato.net\/wordpress\/groundhogs-know-best-spring-buying-is-on\/\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/groundhogs-know-best-spring-buying-is-on\\\/#article\",\"isPartOf\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/groundhogs-know-best-spring-buying-is-on\\\/\"},\"author\":{\"name\":\"admin\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"headline\":\"Groundhogs Know Best: Spring Buying Is On\",\"datePublished\":\"2016-02-04T13:36:23+00:00\",\"dateModified\":\"2016-02-04T13:36:32+00:00\",\"mainEntityOfPage\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/groundhogs-know-best-spring-buying-is-on\\\/\"},\"wordCount\":285,\"publisher\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/#\\\/schema\\\/person\\\/964792b6994e8cc4cbddc36ad4824908\"},\"image\":{\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/groundhogs-know-best-spring-buying-is-on\\\/#primaryimage\"},\"thumbnailUrl\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/wp-content\\\/uploads\\\/2016\\\/02\\\/Flickr-Photo-by-Gilles-Gonthler.jpg\",\"keywords\":[\"Anthony DiDonato\",\"News\",\"Real Estate\",\"tips\"],\"articleSection\":[\"News\",\"Real Estate Tips\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/groundhogs-know-best-spring-buying-is-on\\\/\",\"url\":\"http:\\\/\\\/www.anthonydidonato.net\\\/wordpress\\\/groundhogs-know-best-spring-buying-is-on\\\/\",\"name\":\"Groundhogs Know Best: Spring Buying Is On - 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