Snowstorm in the CityAs if selling your home wasn’t hard enough in this environment with hundreds of short sales and bank owned foreclosures depressing prices in your neighborhood. Add to that the fact that mortgage guidelines are becoming more and more restrictive.  It’s a downright challenge to sell your home even if you have tons of equity.

Now, we in the MD Suburbs are having one of the most challenging winters in memory.  Sure.  We’ve always had a snowfall or two and 2″ to 4″ is usually enough to shut down the schools and even many employers including the “non-essential” US Government workers. This year, though, we’ve already had a couple of dooseies and this weekend is shaping up to be the mother of all snow storms.  My quick check of weather.com indicates anywhere from a foot to 20″ depending on your location.  However, lots of people are saying, “Hey, have you heard? We’re going to get [insert really big amount of snow here]?”

No Showings

Of course, what this means more than anything else is that there aren’t going to be many people out looking at houses.  The roads are bad. Access tot he front door is iffy.  It’s a real mess.  Meanwhile the countdown clock is still ticking for the home buyer tax credit — $8,000 for first-time home buyers and $6,500 for current home owners.

Of course, the real bummer is that if the snow is really as bad as people and weather.com are making it out to be there will be a lot of people with a lot of chips and dip and beer.  Super Bowl parties are going to be mighty slim.  The bars might be a lot emptier than they hoped and people who have been planning the big Super Bowl spread and getting all the goodies together might have a lot of leftovers.

I’m calling it for the Saints by10.

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