Why Buy a House in the Summertime?

Summertime House Buying
Why Buy a House in the Summertime?

Why consider buying a house in the Summertime? According to Realtor.com, home prices peak from June to August, but there are advantages to buying during the market’s busiest season.

Some reasons why for the home price peak, are amount of inventory, interest rates and the local job market. There are more homes for sale in the summer than in the winter as well as sales of homes.

However, more inventory means more choices, making buyers “feel more confident in their search because additional properties hit the market every week,” says Sarah Lilly of Five Star Lakeshore Real Estate. “The large inventory offers significantly more opportunities for purchasers to identify specific floor plans, amenities, and locations.

Also, with more properties for sale, buyers may have more leverage in negotiating prices. Those who need to sell their current home to purchase another, may find it easier to do so in the summer months.

In any case, if you are currently in the market to purchase a property, but are getting out-bid time after time (and then seeing a “Pending” sign like the one above) , give me a call, as I have a strategy to make your offer stand out, and have a better chance at getting it accepted—650 483-4932–Rafael.

Improved Home Buying Affordability

Home Buying
Improved Home Buying Affordability

Improved home buying affordability can mean more Buyers will be searching and buying homes, most likely for the first time. Home Buyers can take advantage of historically low interest rates and any down payment assistance programs that may exist in their city of choice.

Call/Text/E-mail me on how I can help you achieve the goal of purchasing your home. Call me at 650 483-4932. E-mail: rafaelcastrojr@gmail.com.

Start a home search at: www.RafaelCastroJr.com.