Buying a Home in the Summer

Cheri Diehl September 22, 2017

In you’re in the market for a new home, you’ve probably heard that spring and summer are the best times to buy. That’s when you’ll find the largest inventory of homes for sale. On the flip side, you’ll also have more competition from other motivated buyers. If you’re gearing up for your summer home search, here’s what you should know.  Do you know what the best times are on the Long Beach Peninsula?  Discovery Coast Real Estate does!

Know what you’re looking for

Have you thought long and hard about what you really need in a house, versus what you want? Now is the time to make a list and really consider what is a deal breaker – and what isn’t.

Be ready to act

Once you’ve compiled your must have list, it’s time to get preapproved for a mortgage. Spring and summer are the busiest times of year in the housing market, and you’ll have lots of competition. You don’t want to find your dream home only to have someone else snatch it up because you weren’t preapproved. A preapproval letter submitted with your offer will demonstrate to sellers that you are serious and motivated. They will be more likely to accept your offer over someone who hasn’t yet taken that step. The bottom line is – when you begin your home shopping in earnest, be ready to make a move as soon as you find the house you like.

Look at older listings

If summer is coming to an end, sellers may not want to have the home on the market over the winter.  They might be more motivated!

Check out the neighborhood

Summer is the best time to get a good picture of what a neighborhood’s character is like. The homes and yards will look their best and people will be out enjoying the weather. You’ll see how active the neighborhood is and what kinds of opportunities there are for kids. You may even be able to stop and chat with a neighbor or two walking their dog or riding bikes with their families.

Aim to move mid-month

Finally, moving companies tend to charge more based on demand. Knowing this, try to avoid moving at the beginning or end of the month during the summer, as you’ll be charged a premium. If you can, arrange for your move to take place in the middle of the month. You’re more likely to have more flexibility with your moving schedule, and you may score a discount or two.

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