The spring season marks a very busy time for the real estate industry. If you look at stats from real estate boards across the country, most show a substantially higher number of listed homes and sales during the months of April, May and June.
So why is spring such a
popular time for selling? For one, your home will show much better. Creating
curb appeal during the winter months is difficult. In the springtime you have
the advantage of bright green grass, budding trees and a splash of colour from
your spring blossoms to help make your home look its best.
Secondly, a spring sale
generally means a summer move, the most convenient time for many homeowners to
pack up their homes and relocate. Children won’t need to worry about switching
schools mid-year, adults likely have time off work for their summer holidays
and the actual move itself is much easier during the warm months.
Another reason why spring is
such a popular time for sellers is simply because they know there will be
plenty of prospective buyers house hunting. If you list your home in December
or January, the amount of traffic you see won’t compare to a spring listing.
On the opposite side of the
coin, you might be planning on buying a home this spring. While it might seem
like all the cards are stacked in the seller’s deck, that isn’t always the
case. The spring is a great time for buyers to do their house hunting.
Inventory is high, it’s much easier to see landscaping, decks and the foundation
of a home without a couple feet of snow on the ground. Plus, you can count on being in your new home
just in time for summer barbecues!