Published February 6, 2024
The Best Season to Sell Your Home
The seasons can have a significant impact on home buying activity in various regions, which is why house sales are seasonally adjusted.
Spring is a Popular Time for Homebuyers and Sellers
In numerous housing markets, early spring is the time when more buyers begin to search for their dream home. The reasons behind this trend are twofold: buyers hope to register for a new school before the deadline, and the warmer weather makes house hunting more pleasant. As a result, many sellers believe that spring is the ideal time to list their homes. While this may be true, it's an oversimplification. Fellow sellers are thinking the same thing, leading to increased competition. As a result, the supply of homes for sale will rise.
Summer and Home Buying: What You Need to Know
In many markets, the summer months tend to attract more buyers due to warmer weather and the need to find a new home before the start of the school year. However, while the weather is warmer, summer is also a time when many families take vacations, leading to a slower home buying activity during certain weeks.
Debunking the Myth about Fall Home Sale Prices
Contrary to popular belief, home sale prices do not always decrease during fall. In fact, in many regions, autumn is the time when home inventory begins to dwindle while demand from buyers remains high. Fall buyers are often eager to purchase homes before the weather turns and the holiday season begins, making it an optimal time for sellers to attract buyers with less competition
Why Winter Might Be the Best Time to Sell Your House
Many sellers think that winter is not the right season to put their house on the market. However, contrary to popular belief, the winter season, much like fall, typically has fewer homes listed. Additionally, winter buyers tend to be more serious about their search. Although some buyers may be preoccupied with the holiday season, taking advantage of a less competitive market can help you secure a top-dollar offer from the right buyer.