The spring real estate market is starting to bloom! As the weather warms up, more homes come on the market and buyers become more active. If you're thinking about buying or selling a home, there are several good reasons why spring is an optimal season.
Competitive Market for Sellers
During the spring, buyer demand rises as families look to move before the next school year. With increased demand and low inventory coming off the winter months, home prices reach their peak in May and June. If you're selling, you’ll likely get good offers and sell faster with less negotiation on price.
Good Selection of Homes for Buyers
While competition for homes is higher in the spring, so is selection. Many sellers list their homes in spring to capture high buyer activity so you’ll see more newly listed, move-in ready homes. Take advantage and be ready to view homes and make offers quickly before they get snapped up. Focus your search so you know exactly what you want so finding “the one” is easier.
Warmer Weather to View Homes
The cold winter makes house hunting unpleasant. As temperatures rise in spring, seeing homes becomes more enjoyable. The warmer weather also allows you to assess the outdoor spaces and neighborhood more easily when viewing homes. For sellers, spring weather means flower buds and blooming trees, which makes a home more attractive to buyers.
Take Advantage of the Momentum
The spring energy and activity extends beyond just temperature. More people are out and about, going to open houses, making real estate plans. Use the season’s momentum to propel both buyers and sellers toward their goals.
While there are things to consider any time of year, spring tends to be that coveted intersection of inventory, selection and favorable buying/selling conditions. So buyers – get pre-approved for your mortgage now. And sellers – start interviewing agents and preparing your home for market! The spring selling season is imminent.
If you’re looking to move to Kaua’i, I’d love to show you some real estate in Kaua’i that would make a great fit for you and your family on the Garden Island. To start your life of luxury, contact me at (808) 652-0530. Mahalo!
