Housing Market Changes with the Seasons

Fall is upon us g, which means the housing market is in full bloom. “For Sale” signs are sprouting up along with fall foliage and cool breezes as buyers start to search for new homes. Each year, around 40 percent of real estate transactions occur between the months of September and November, with peak inventory times varying some depending on the region. Metropolitan areas in the Sun Belt have a much more consistent market, for example, because of their year-round warm weather. It is important to be aware that although there are advantages to buying and selling in these prime months, they aren’t necessarily the best time for real estate transactions.

Peak Season Market Tips for Buyers

House hunting during peak months has more inventory so you may be more likely to find your dream home. It’s also easier to conduct a home inspection when the lawn isn’t covered with leaves. If there are problems with the air conditioner, the pool, the driveway or the roof, they are easier to spot in the fall. This is the easiest time to make a move with school age children, so families frequently opt for peak month purchases. Give us a call today and let's talk Real Estate.