Ask the Agent: June 2016 Question

Monday Jun 20th, 2016

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QUESTION: I’m going to be house-hunting this summer. Are there any benefits to looking in the warmer months?

There are several benefits to searching for a new home in the summertime. The biggest upside is fewer competitors; house hunters who began looking in the winter and spring often take the summer off and start again in the fall.

Sellers may also feel fatigued after a spring without selling and might be willing to come down in price in order to make a sale.

Finally, the summer months can shed new light on a neighbourhood. People will be out in full force, and you’ll get to observe the liveliness of an area, its green space, and the quality and popularity of its amenities. Kids will be out of school, and you’ll have a much better idea of how young or mature a neighbourhood is. If you have kids of your own, with school out it’s easy to get them involved in the search for a new home.

 

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