Buy a Home During Mercury Retrograde? Not in This Universe.
These two buyers found the perfect home, but the stars hadn’t yet realigned
These two buyers found the perfect home, but the stars hadn’t yet realigned
Joanne Greene, associate broker, Brown Harris Stevens in New York City
I ran into the wife of an old client of mine. They were deciding, “Should we renovate or should we move?”
So we go out, we start looking at things. It was really about seeing what was out there, as opposed to doing a renovation. We found something that was way out of their price range, $12.5 million, on the Upper East Side. But I knew these people, and it was a perfect apartment for them.
The wife was going on a hiking trip in Northern California, but at the very last minute the trip was canceled because of the mudslides there. So we decided to go back and look at this apartment again. They said, “You know what, we love it, we really want to do it. We’ll have to sell our apartment.” Then they said, “But Mercury is entering into retrograde, so everything has to be done beforehand.”
They explained to me that they don’t make decisions during the time Mercury is in retrograde. It affected when they got engaged, when they got married, all their purchasing decisions. It had gotten to the point where now they don’t travel when Mercury is in retrograde. They’ve converted their travel agent over to the stars.
Usually people aren’t in such a rush. But as a broker, I was like, “Great! Let’s do it sooner rather than later!” It all took like a week. We put in an offer. We did share with the sellers that the buyers wouldn’t sign any documents while Mercury was in retrograde so we’d have to get the contract signed quickly. We also had to sign an exclusive on their apartment to list it.
By the way, I’d never heard about any of this before, but if that’s what they wanted, I’m completely onboard.
It was all good karma for everyone. Every transaction worked out so well and so smoothly. It’s very rare to have that happen when you’re handling both the purchasing and the selling; there are a lot of moving parts.
I’m not superstitious, but I’ve had clients who don’t want 4s in a contract, or who want 8s. I say, “If you want all 8s in it, that’s fine!” I had a rabbi who wanted everything to add up to 18, because that’s good luck. That’s fine, too.
Wendy Arriz, associate broker, Sotheby’s International Realty in New York City
I was representing a seller of a home downtown—an off-market listing priced north of $10 million. The buyer was a past client of mine. When I described the property, this buyer got super-interested. They came and saw it and made an offer. But it was made clear that this person wasn’t going to be in a position to sign a contract right then because, as a rule of thumb, this person never made any serious decisions or did contract signings while Mercury is in retrograde. They said, “No, no, no, things can really go awry; it’s just not done.”
At first, I couldn’t believe it. I thought, “Really?” But you know, I also want to be respectful. So that was a term of the deal—a verbal understanding, there was nothing in writing. I passed it along to the seller. There was a bit of a giggle, but it wasn’t an issue. This was a downtown seller. Someone on the Upper East Side might not have processed it as well.
There was a lot of Google searching to figure out the dates. I did the deal sheet and organized the specifics. The attorneys were doing the due diligence; a home inspection was involved. It was all going like a normal transaction would, with the understanding that nothing was going to get signed till Mercury was no longer in retrograde.
Then the stars were clear. The contract could be signed. I contacted my buyer about whether they wanted to move forward now that the coast was clear—and they didn’t. The buyer was having an issue.
I hadn’t had any deals fall apart in the 14 years I’ve been selling real estate. I try to just steer the course and do the right thing and if things are meant to be, they’re meant to be. This deal fell apart, but it wasn’t because Mercury was in retrograde.
Or was it?
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The Westpac-Melbourne Institute Consumer Sentiment Index slipped to 84.6 in September from 85.0 in August
SYDNEY—Australian consumer confidence fell in September amid concerns about job security as economic growth slows to a crawl.
The Westpac-Melbourne Institute Consumer Sentiment Index slipped 0.5% to 84.6 in September from 85.0 in August.
While cost-of-living pressures are becoming a little less intense and fears of further interest rate rises have eased, consumers are becoming more concerned about where the economy may be headed and what this could mean for jobs, said Westpac’s Head of Australian Macro-Forecasting, Matthew Hassan.
Consumers remain concerned about rising inflation, which is stoking concerns that interest rates may rise further, Hassan added.
The report comes a week after data showed the economy barely registered a pulse in the second quarter as consumer spending dropped sharply.
On-year GDP growth in the second quarter was the weakest since the early 1990s, excluding the pandemic years.
At the same time, the Reserve Bank of Australia continued to signal that interest rate cuts are unlikely in the near term, while adding that under certain circumstances a further hike in interest rates may be needed.
The RBA remains concerned about price growth, with core inflation remaining stubbornly elevated at nearly 4.0% on year in the second quarter.
Still, while consumers are downbeat, economists expect spending to regather momentum over coming quarters as income tax cuts delivered in July boost household budgets.
This stylish family home combines a classic palette and finishes with a flexible floorplan
Just 55 minutes from Sydney, make this your creative getaway located in the majestic Hawkesbury region.