Did you know that Spring is peak house hunting season?
Traditionally, the Spring season for selling is March through June although this can vary from region to region. This time of year is the busiest time to buy a home but also the most competitive. Here are a few tips for navigating the Spring housing market.
Act fast – In a hot market, homes will not last long therefore causing low inventory. You want to be as flexible possible to attend open houses and mull over listings.
Be prepared – Ways to prepare yourself are getting a pre-approval, knowing what you can afford, hiring a real estate team, and identifying your needs and wants in a home.
Get ready for competition – With this being a popular time of year to sell, you can be faced with challenges such as bidding wars and competitive offers hence why preparation is key.
Do your research – Get to know the area, talk to locals in that neighbourhood, visit at different times of the day, and research the values of other homes in the area.
If you’re ready to buy a home this Spring, don’t hesitate to reach out to our team! We are happy to help you find your dream home.