The spring is arguably the most popular season for homebuying, but that doesn’t mean the market dries up during the summer. In fact, there are plenty of great opportunities for prospective buyers to make a splash on their dream home.
Whether you’re just dipping your toes in the water or are ready to dive into the market headfirst, here are three reasons why you should shop around during the warm weather months.
Rising temps and listings
Temperatures aren’t the only thing that go up during the summer. Typically, the amount of home listings increases during the season as well—meaning more inventory to choose from and more options that specifically meet your criteria.
The summer market can also be less competitive, with plenty of interested homebuyers already out of the market. This increase in supply and decrease in demand could give you more leverage in negotiations. Use an online home searching tool like HomeScout to get a handle on values in your area and their potential. Get unfiltered, accurate, personalized & private access to 100% of homes available.
Daylight savings
Summertime means the days are longer, which is an important advantage for homebuyers. You can spend the extra time evaluating a home’s exterior to see how it looks in broad daylight.
Summer also offers you extra time to explore a home’s surrounding neighborhood. Take a drive to scope your potential block and explore the surrounding parks, schools, restaurants and access to major roads and highways. Use the extra sunlight and nice weather to determine the pulse of the neighborhood.
Summer warmth provides a larger renovation window
Summer also delivers plenty of benefits after you close on your house. Whether your home needs a few tweaks or is a full-blown fixer-upper, you’ll have more time to make those renovations while it’s still warm out. Summer is also the ideal time to complete that paint job or remodel your kitchen!
So, are you ready to start looking at homes? At any one moment, buying a home can be: challenging, vulnerable, thrilling, terrifying, life-changing, savvy, collaborative, complicated, fun, overwhelming and immensely rewarding. Yup, it’s all that and then some. Learn more before you get started...
