Shopping for Homes in Every Season

There is much debate as to whether any particular season is better for purchasing a home.

Potential buyers in the market for downtown condos might want keep a couple of things in mind as they browse the tempting array of condos currently for sale throughout the seasons.

Generally, the housing market wakes up as winter ends and along with it the annual sales and inventory lows of December and January.

People start looking seriously in throughout the end of winter and early spring, with peaks of search activity in March and April, slight dips in May and peaks in June and July.

Winter

For buyers, winter can be a great month to purchase a new home. During the holiday season, far fewer people are out looking, giving you a better chance to snag one of the condos of your dreams.

With less buyers to deal with, realtors can be more flexible with their schedules and have the time to really get to know you and understand exactly what you’re looking for.

Incredibly, the best day of the year to buy a home is actually Christmas day: sellers are more inclined to be feeling generous, fewer other buyers are out looking and home prices are at their 12-month December low.

Spring

In spring, flowers push up towards the sun and the housing market blooms with scores of new listings and for- sale signs.

This could be the perfect time to scout around for condos. Everyone is looking for a deal, and the market is flooded with inventory, more than at any other time of year.

Spring brings a lot of activity because both buyers and realtors are glad to be back out after the long winter, and a purchase in spring can mean a timely move after school is over.

Amazingly, Easter Sunday is the second best day of the year to buy a house.

However, spring isn’t always the best month for buyers, as the competition for properties is high, meaning multiple offers may cause you to pay more than you planned for a house.

Summer

The housing market continues to be strong throughout the summer, with listings tailing off a bit towards the end of the season.

Often, people who are relocating want to be sure they’ve sealed the deal and closed on the home in time to move and get their kids settled before starting a new school in September.

There’s plenty of inventory, but, as in spring, prices tend to be higher and there’s lots of competition for desirable properties, which could mean a stressful bidding war.

Homes look their summer time best, with colorful shrubs and flowers and plenty of friendly neighborhood bustle.

Fall

Autumn brings falling leaves and falling inventory, particularly toward late November, but early fall is the busiest season next to springtime for home sales.

Buyers are often looking toward tempting autumnal benefits. Property taxes and mortgage interest are both deductible from gross income, providing tempting year-end tax breaks, and the season’s temperate weather is perfect for moving.

Many realtors have found that autumn’s buyers and sellers tend to be more serious and motivated, unlike the “window shoppers” of spring.

Whatever season brings you within reach of your ideal home, always remember to stick to your budget and only make an offer that you can reasonably afford.

Getting prequalified for a mortgage will enable you to act quickly if you find the property of your dreams.

If you are looking for a condo to buy, We Know Urban Realty will help you find the perfect place.

Their realtors are experts when it comes to urban living.

Visit the site to see what's available right now:

www.weknowurban.com

Will Daly, Broker We Know Urban Realty, LLC 834 E Claremont Street, No 3

Phoenix, AZ 85014 (480) 510-8755

Email: Will@WeKnowUrban.com