There’s more than one way to enjoy summer.
Whether your plans involve exciting travel or lounging at home, epic adventures or quiet family moments, I hope this summer brings you everything you hope for.
Summer and the Housing Market: What to Expect
Summer doesn’t just bring blue skies and sunshine. Seasonal changes also impact the real estate industry. Here’s how the housing market usually shifts in summertime:
Families are on the move. To keep from disrupting the school year, parents often plan moves for summer, which kicks off a busy season.
Homes sell faster. Facing a three-month window, buyers are motivated and competition is fierce. If you’re a buyer, work with a loan officer to get pre-qualified for a mortgage and be ready to move quickly.
Prices and inventory tend to increase. Whenever there’s an influx of buyers, prices go up. But more sellers listing their homes could mean a higher supply of homes to choose from.