With the official start of Summer just around the corner, there’s going to be hot weather and an even hotter real estate market. It’s the perfect time to start planning out your home buying strategy, so we’ve compiled a list of ways to be prepared!
What You Should Know
Weather Impacts Willingness to Buy: When it is sunny and warm out, houses look and feel their best. You get to know what the curb appeal truly is, how well the yard has been taken care of, and how shady the backyard or patio might be! Because of this, a majority of homes are listed in the Spring and Summer.
Prices Tend to Drop: Sellers who listed their homes earlier in the year begin to drop their prices about this time. Their motivation to sell is peaking, and you will benefit from this. If you’re able to hold out until August, you may see even better prices. This is when around 15% of houses drop their numbers.
Competition is Ripe: This time of year, there is home buying competition galore. This comes from investors that are willing to come in at price or higher, as well as conventional home buyers with cash in hand, motivated to get their dream home. However, this doesn’t mean you should give up! There are great deals and dream homes aplenty, just be ready to fight for what you want and find motivated sellers ready to work with you.
Let Me Help: While you may not have been aware of these things, I’ve spent years honing my home buying techniques to get my clients the best deal on the home they want. Contact me today to get started on making your buying and selling dreams come true this Summer!
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