With the holidays behind us, temperatures on the rise, and days getting longer, Spring is indisputably the best time of year to sell your home.
Trends and cycles may come and go, but one of the most basic laws of real estate is that – even in warm climates – home buying tends to taper off in the winter. Why? A combination of holiday obligations and not wanting to disrupt their kids’ school year means that more sellers and buyers hit the “pause button” on their real estate activities.
If you’re considering selling your home, Biagini Realty offers these top reasons to take advantage of the real estate market’s Spring Fever.
The weather is beautiful.
It may sound obvious, but the perfect cure for cabin fever for many people after a long, cold dark winter is looking for a home.
It’s the right time.
Spring is a time of renewal and change. With blue skies and blooming flowers, it’s also a great time to take marketing photos of your property. Also, potential buyers haven’t yet left for summer vacation. For homebuyers with school-age children, a spring timeframe is optimal, enabling a closing at the end of the school year and allowing new homeowners to settle into their new home before classes start again in September.
The market is in the right place.
Many markets across the country have not only fully returned to pre-recession levels, but home values are surpassing that point as well. A combination of low-interest rates and low single-family housing inventory means there are a lot of eager homebuyers competing for what’s on the market.
Millennials are ready to buy.
It’s not just low-interest rates that are bringing people back to the market. A recent study by the National Association of Realtors examined demographic trends and found that millennials made up 35 percent of homebuyers, the largest group for the third year in a row.
Get started now. If you want to take advantage of the Spring 2018 selling season, the time to get ready is now!
Call Hudson Valley real estate brokerage Biagini Realty. Biagini Realty can help you sell or find your perfect home in Orange County, Rockland County, Putnam County, Sullivan County, Ulster County, Dutchess County, Westchester County, Albany County and the Philadelphia metropolitan area including Delaware County & Montgomery County. Contact us today.
About the Author: Paul Biagini is a lifelong resident of Washingtonville and a Hudson Valley real estate expert. Paul Biagini also maintains a residence in Philadelphia and is a Delaware Valley real estate expert with extensive ties to the region’s core. Paul Biagini owns several real estate offices stretching from Albany to White Plains and performs transactions in New York City as well.