Is Spring a Good Time to Buy a House?
There is a season for everything, and spring appears the most active period for real estate transactions. If you are planning to buy a home, you wonder whether you should start going to open house days and placing bids during spring.
Here is what you need to know:
1. There Is a Lot of Offer and Demand
Spring is considered the best
moment to put a house on the market because it’s the time of the year when it
looks its best. The light is soft, the grass is freshly out and the flowers and
trees are in bloom. However, not only offer is high, but demand as well.
2. You May Not Be Able to Negotiate
A lot of demand for houses for sale in Southlands means less
bargaining power. If you count on being able to haggle over the price of a
property, spring is not the moment for it. There are other potential buyers and
they may snatch a from under your nose at the last moment.
3. It Is the Best Moment to Buy for Families with Kids
If you have school aged children, spring is the best moment to buy a new home. The school year is over and your children will have all summer holiday to get settled in the new community and make friends. As for you and your spouse, you have all the time to furnish and decorate the house, making it a true home before the new school year begins.