selling a house in summer

What to Know About Selling or Buying a Home in the Summer

Slower than the spring season yet more bustling than fall or winter, summer holds significant importance for buying or selling real estate. Here is what you should know about the current summer housing market. Selling or Buying a Home in the Summer

The summer brings increased activity across the real estate market, from prospective buyers to eager sellers who want to show off their home’s curb appeal. The summer market is busier than both fall and winter and comes at the heels of a more active spring market. Here’s what you can expect if you’re looking to buy or sell in June, July, and August, according to real estate experts.

The Busy Summer Market

The summer season is an exceptionally bustling time in the real estate market for various reasons. Firstly, the pleasant weather motivates buyers to venture out and explore potential homes despite the elements.

Additionally, the increased activity can be attributed to logistical factors. With children on summer break, parents find it easier to schedule home showings and bring their kids along. This flexibility allows families to transition between homes during the break, taking advantage of the beautiful weather that enhances the appeal of homes in both photos and in-person viewings.

Families are transitioning homes between school sessions while kids are on summer vacation. The weather is beautiful, which tends to help the home stand out in photos and in person.

In summary, the summer market is bustling due to favorable weather, flexible scheduling for families, and increased productivity from industry professionals. However, it is also characterized by stiff competition for buyers, driven by rising mortgage rates and high prices, along with limited inventory in various regions.

How to Prep Your Home to Sell This Summer

It’s the little things

To prep your home for sale during the summer, focus on enhancing your home key systems, such as air conditioning. Additionally, consider the age of your roof, the condition of your pool (if applicable), and whether your home is move-in ready. It’s a good idea to consult with your agent and other professionals to identify any potential concerns that buyers may have. Consider having an inspection done before listing and repairing or replacing any necessary items. You should also gather and prepare necessary paperwork, such as survey and warranty documents, to share with potential buyers.

Don’t forget curb appeal

Curb appeal is a crucial factor to consider when putting your house on the market. It refers to the first impression your home makes on potential buyers from the street. A well-maintained exterior and attractive landscaping can significantly increase the value of your property and attract more buyers. Simple improvements like keeping the lawn mowed, adding fresh paint to the front door, and planting colourful flowers can go a long way in improving your home’s curb appeal. Remember, the exterior of your home is the first thing buyers see, and it can make a lasting impression. So, invest some time and effort in improving your home’s curb appeal, and you’ll likely see a return on your investment.

Related article : Top Reasons Your House is Not Selling

curb appeal sell your house in summer

Buying a House in the Summer

Summer often means a more competitive housing market, with many eager buyers searching for their dream homes before the school year starts or the holiday season begins in late fall.  Summer is the second busiest time of year for home buying, right after spring.

Start researching early

Summer is a popular time for buying and selling homes, so it’s important to start your research early. Look for properties that meet your needs and budget, and be prepared to act quickly if you find a home you love.

Hire a reputable real estate agent

A good real estate agent can help guide you through the buying process and negotiate on your behalf. Look for someone with experience in the local market and positive reviews from past clients.

Attend open houses and tours

Take advantage of summer open houses and tours to see a variety of properties and get a sense of what you like and don’t like in a home.

Get a home inspection

Before closing on a home, be sure to get a professional home inspection to identify any potential issues or repairs that may need to be made.

By following these tips, you can make the most of your summer home buying experience and find the perfect home for you and your family.

I’m Jennifer! A local REALTOR® in Moncton, NB.  I help people buy, sell, and invest in the beautiful province of New Brunswick. If you or someone you know is thinking of buying or selling, let’s connect! I’d love to be a part of your buying, selling, or investing journey. I’d be happy to help you understand the local market and determine the best pricing strategy for you. Let’s connect! Selling or Buying a Home in the Summer

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