Summer has a lot to offer, from beach parties and seaside visits to barbecues and outdoor games. But, of course, the weather isn't the only thing that heats up in the summer. As a realtor, we've learned the Vancouver real estate market is usually very active during this time of year. Summer is unquestionably a popular time to buy and sell a home.
1. Buyers are Motivated During the Summer
In the summer, those looking to buy are usually more motivated to discover the perfect home. This is the time most buyers seek a top realtor. Buyers who missed out on a home during the spring months usually wish to close before the start of the school year in the fall. Furthermore, most purchasers prefer to secure a property before the winter holidays. Therefore, you might expect more buyers over the summer because there are more homes on the market.
The majority of relocations occur between Memorial Day and Labor Day. What's the reasoning for this? For starters, it's a great time to relocate for families with school-aged children. In addition, moving to a new home is considerably easier when you don't have to arrange around school days, homework, or after-school activities. One more reason why summer is such an ideal time for purchasers to relocate is that the weather is very consistent. During the summer, spring rains, winter storms, and cold fall days will not be an issue.
2. The House Shows Well
You can expect that your property will look its best during the summer months, as most house hunters choose "light and bright" residences. Summer also usually implies that the grass is green, the pool is dazzling, and the greenery is full swing. It's time to put your house on the market if it's never looked better.
3. Good Time to Relocate
Do you want to buy a new house? Summer is an excellent time to buy and sell if you want to do both simultaneously. Not only are there more buyers (which could mean more offers), but there are also more properties for sale that meet your criteria. Those searching for a smooth real estate transaction will have a better chance if they list in the summer.
Use the pieces of advice above for Vancouver in the summertime to maximize your real estate transactions. Need help? Look to Team Eviston, a top Vancouver realtor team.