Lucky Charms In Real Estate

lucky horseshoe

Whether it’s a family home, a vacation getaway, or an investment property, owning real estate is an important investment in your future. With so much riding on these transactions, real estate often feels like a high stakes game of chance. Given that there’s no exact formula for success and the process can be highly emotional, real estate lends itself to a bit of superstition. Let’s take a look at some of the practices that are believed to bring good luck in real estate!

Horseshoe Over the Door
The horseshoe has a long history of being a protective symbol. It has become customary to hang a horseshoe over the door to protect against evil and bring good luck. The way that you hang the horseshoe is a matter of preference. Some believe it should be pointing upward so your luck does not escape. Others argue that hanging the horseshoe upside down will ensure that good luck pours down into the home.

St. Joseph
St. Joseph is a Catholic saint long believed to help with home-related matters. Through the years he has become known as the patron saint of real estate. There are even St. Joseph “home sale kits” available for purchase. The idea is that if you bury a statue of St. Joseph in your yard and say a series of special prayer, the right buyer will come along to purchase your home. Once the home is sold, the next step is to dig up the statue and place it in your new home for continued good fortune.

Feng Shui
The art of feng shui (pronounced fung shway) is an ancient Chinese practice of balancing the physical environment to promote harmony and balance, which is believed to bring positive outcomes. One prominent “rule” in feng shui is to clear out clutter to allow a natural flow of energy, which is a perfect complement to some of the more mainstream strategies for staging a home! Additionally, it is believed that a home should have a healthy combination of the five feng shui elements – wood, fire, earth, metal, and water. Each element represents a different kind of energy and the type of outcome it cultivates. For example, the water element is all about wealth and abundance, while wood represents natural growth and vibrant health.

A traditional Native American practice known as smudging uses the smoke from burning sacred herbs (such as sage) to purify a space. Smudging is believed to clear away negative energy, and bring luck and positive energy. The traditional practice is to place the herbs in a bowl and open a door or window before you begin. Light the sticks or bundle and gently blow out the flame allowing it to smolder, like incense. To dispose of leftover ashes, practitioners recommend that you take them outside and leave them “on the earth.”

Lucky Numbers
Based on the perceived bad luck associated with the number 13, some avoid purchasing a home with the number 13 in the address and some high-rises skip 13 when numbering the floors. But, lucky numbers also extend into pricing strategies. The number 8 is often considered lucky, based on cultural beliefs. The Chinese word for 8 sounds similar to the word for “wealth” or “prosperity,” making it a favorable number. In Jewish tradition, the number 18 symbolizes “chi,” which is the Hebrew word for “life.” There is some debate over using the number 9 in pricing. While it is generally believed to indicate a bargain, the strategy seems to work less effectively in higher priced markets.

Do you have any superstitions that have impacted your home buying or selling decisions?

By Amy Malloy