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Selling (or Buying) in Peak Real Estate Season

Produce has a season. So do sports. But did you know that real estate has a peak season as well? People buy and sell homes all year long but there are certain times of the year when more transactions are likely to take place. The peak real estate season refers to the busiest time and when there are the most potential buyers out searching for a new home.

In most areas of the United States, the peak real estate season is during the spring and summer months.

Warmer weather encourages potential buyers to get out and explore open house events or just check out new neighborhoods. For families with school-aged children, moving during the summer months is much easier than trying to uproot everyone during the school year.

Selling your home during the peak real estate season often takes less time or allows you to price it slightly higher. Buyers have a great selection to choose from but may find themselves in a bidding war with other interested buyers.

Want to sell a home during the fall and winter months?

There is still a market but you should prepare for a longer wait for the right buyer. People tend to spend their holidays celebrating with family and friends instead of searching for a new house. If you are a buyer during this down time, you may be able to get a great deal on a home that hasn’t seen a lot of interest. The downside for buyers is that the selection might not be as robust as during the peak season.

Keep in mind that each market is unique, so what is common in one area may not be expected in another. It helps to work with a realtor who knows the trends in your local area.

Carrie loves people and numbers! Carrie has worked in financial services since she graduated from Iowa State with a degree in Finance. She enjoys connecting with new people and developing relationships to foster business and promoting other people. She is an active runner, golfer, enjoys reading, traveling, family, friends, meme sharing, comedy, anything Warren Buffett related and following the markets and investing. Carrie is happiest surrounded by family and dear friends including her boyfriend Mike and his two children most likely laughing or telling stories .

Carrie is also an adult living with Cystic Fibrosis – diagnosed when she was three months old. Cystic fibrosis is a progressive, genetic disease that causes persistent lung infections and limits the ability to breathe over time.

In people with CF, mutations in the cystic fibrosis transmembrane conductance regulator (CFTR) gene cause the CFTR protein to become dysfunctional. When the protein is not working correctly, it’s unable to help move chloride — a component of salt — to the cell surface. Without the chloride to attract water to the cell surface, the mucus in various organs becomes thick and sticky. In the lungs, the mucus clogs the airways and traps germs, like bacteria, leading to infections, inflammation, respiratory failure, and other complications. For every loan I close with Clear Mortgage, I will be donating $200 to the Cystic Fibrosis Foundation, Iowa Chapter. Reach out and apply now!

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