Some agents turn to a patron saint amid real estate downturn

by Carolyn Ireland

According to lore, St. Joseph's association with real estate likely dates back to the Middle Ages, when a nun seeking premises for a new convent buried a medal of the saint in the ground and prayed for his help.

During the global financial crisis and real estate downturn of 2008, the run on statues of St. Joseph was so frenetic that retail shelves were emptied.

“Literally, in 2008 you could not buy a St. Joseph’s statue, recalls Patrick Rocca, broker with Bosley Real Estate, of the patron saint of real estate. “People were doing anything, including burying statues in their lawn.”

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