3 Reasons Summer is a Great Time to Buy and Sell Portland Real Estate
As we head into summer you’ll notice more homes hitting the market and more activity on the housing market as a whole. That’s because many buyers and sellers realize that spring and summer is the ideal time to buy and sell property.
- More people have time to move in the summer. Whether you’re buying or you’re selling moving, whether it’s across town or across the country, tends to be easier in the summer. Families don’t have to worry about snow covered passes, inclement weather, or too many holiday issues. If sellers have a choice as to when to sell, they know more buyers will be interested one school is out as well. Many buyers and sellers don’t like to move their kids out of school and into a new school before the end of the year. Moving in the summer makes it easier on the entire family and kids can start in a new school at the beginning of the school year.
- Homes tend to look their best in the summer. Flowers are in full bloom, trees and shrubs have all of their leaves, and grasses typically green. This naturally makes for ideal MLS photos and buyers feel more refreshed and comfortable coming in to a home with fresh flowers on the table and a neatly manicured green lawn. Many times, sellers will often show summer pictures of their home even when the listing in the winter just to give the appeal of what the home can look like at its best.
- Prices tend to go up in the summer which is excellent for sellers, not so great for buyers. But in turn, buyers have more selection since there’s more inventory on the market. Sellers can up their price a little bit and buyers have a bigger selection to choose from. It’s all about supply and demand and if sellers are offering buyers exactly what they want, at a great time, with a home that looks its best, those homes will certainly be sold first.
So what are you waiting for? As we head into summer supply and demand will be at its highest, buyers will have the cream of the crop, and sellers are in line to receive more profit during the next 2 to 3 months. If you’re ready to buy or sell anywhere in the Portland real estate market give me a call today and let’s get started finding that perfect home in our area.
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