It is almost upon us, the long anticipated Spring Real Estate Market. It’s the time when all sellers and buyers come out of hibernation and transact real estate. Every year around the end of February, we can expect the number of listings to start increasing and the market to be in full buzz by March. Just by flipping through the Open House section of 2FindYourHome you can see the amount of available listings has nearly doubled from just a month ago.
Why? Most people want to find a house by the end of June so that they can move over the summer when work loads are lighter and kids are not in school. If you list your house in May and it takes three months to sell, you will find yourself in July, in a quieter market. However, if you list your house in March and it takes three months to sell, it will still only be May, there is a month or two left in the busiest real estate time of the year. No worries, no pressure.
If you're thinking about selling there is no time like the present to contact a REALTOR® and get your house on the market. Especially since prices are rising in most areas, you can be sure to get the highest value your home can bring.
While I'm sure I am not the only one a little excited about Spring, I want to clarify that I am not implying that Spring is the only time a year recommended to sell your home. In fact, there are many reasons why other times of the year are great times to sell as well. For example; only serious buyers are house hunting during winter. The fall market is busy because people want to move during their holiday vacation and, there is less inventory for sale during the summer months. Also, you may find that you can’t wait until the Spring market and that you have to sell your house at a particular time of year. Don’t worry. Find a great REALTOR® and you should get the most that the real estate market has to offer.
Still, If you are targeting the Spring market because you want to make the most out of the sale of your house, or if you are waiting for Spring to put your house on the market for sale, don’t wait too long. You may just find out that the Spring real estate market has sprung without you.
As always, keep reading and thank you for making 2FindYourHome, both in print and online, your premier choice for all your local Real Estate needs!!!