The Pros of Buying or Selling a Home this Spring

Today we are going to discuss the pros and cons of buying or selling a home in the Spring.

First, let’s not forget that if you are looking to buy a home, click on the search all properties link. Or, if you are looking sell your home click on the value link and we will send you a free home valuation. Now on to our topic.

If you ask around, people will give you pros and cons for selling your home in any season, but the fact remains that market activity is invariably highest in spring and early summer.  First let’s discuss some of the pros of buying during this time frame.

One of the biggest pros for buying in the Spring is there is more inventory.  It really is like clockwork: When March rolls around, property listings multiply abundantly. Sellers feel more motivated once the warmer weather rolls around.  One reason is that homes simply show better in the spring with the great RGV weather.  The great weather helps the curb appeal when the front yards are looking their best with plants and flowers in bloom and it provides Buyers the opportunity to view homes before the extreme heat comes during the Summer.

The second reason is it is the perfect time for families to shop.  Choosing to move your family is stressful no matter the time of year, but at least in the summer you won’t have to balance packing up your house with your kids busy school schedule.

To execute the ideal summer move, you must start house hunting NOW.

Many families that are purchasing homes would like to be settled in their new residences prior to the start of the school year. With a standard transaction taking 30 to 45 days to close, they must be in contract by late Spring or early Summer which means they should really get serious about looking and making decisions prior to July.

The third reason is you might have some extra equity in your pocket.  Christmas bills are hopefully in the rearview mirror, school expenses are dwindling, and there just might be a fat tax return burning a hole in your pocket.  Sure, having a little extra cash might not determine how much of a home you might purchase, but it does let you pay for things like inspections, closing costs, moving expenses and the home furnishings you will need once the house closes.

For you home sellers, the biggest reason for you to put your house on the market is buyers are in abundance.  As just mentioned many future home buyers are looking for a home prior to next school year and many of them do have a little cash in their pocket to make that dream a reality.  Simply put, if you want more views and opportunities to sell your home, put it on the market when the most buyers are available.  Plus take advantage of this great weather to show your house at its best.

If you are a Buyer ready to take the next step and want help finding your dream home or if you are a Seller and take advantage of the market call us today at 956-203-0044.  We have expert advisors ready to assist you with your home buying and selling needs.  We look forward to hearing from you.