Moving before Spring can make sense for several reasons…

Buyer advantage in purchasing a home  before the traditional Spring selling season:

Today’s Sellers Are Motivated, ‘More now than in the Spring’

Low demand from buyers often means sellers are more motivated to work with you, and that can set you up to buy a home on your terms. In fact, sellers have been more willing to negotiate  this winter because there are fewer buyers in the market. According to a recent article from Forbes:

“. . . sellers gave concessions to buyers in 41.9% of home sales in the fourth quarter of last year.”

But keep in mind, the advantages buyers have this winter won’t last forever. The competition you face could be greater if you wait until spring to make a move, and increased buyer demand means sellers will have less motivation to negotiate with you. Be sure to work with a trusted real estate professional to learn what you can expect in your local market right now.

If you’re in a good position to make a move, it may make sense to move before spring. Working with your team of expert real estate advisors is the best way to learn about the current market and what it means for you.

Let’s connect today to determine the best plan to achieve your homebuying goals.

Seller advantages in selling their home in the Spring season:

1. Housing Market Dynamics: The spring season is traditionally a busy time for the real estate market, with increased buyer activity and more homes listed for sale. If you’re planning to sell your current home and buy a new one, moving before spring may allow you to take advantage of a less competitive market and potentially secure a better deal.
2. Favorable Weather: Spring often brings more pleasant weather conditions compared to winter. Moving can be more comfortable and convenient when the weather is milder, with less chance of encountering snowstorms, heavy rain, or extreme temperatures. This can make the moving process smoother and reduce the risk of weather-related complications.
3. Availability of Services: Spring is a popular time for moving, which means that moving services such as moving companies, truck rentals, and storage facilities are likely to be in high demand. By moving before spring, you may have more flexibility in scheduling and a greater availability of services, allowing you to secure the resources you need more easily.
4. School Considerations: Families with school-age children often prefer to move before spring to minimize disruptions to their children’s education. Moving during the school year can be challenging for students, as it may involve changing schools, adjusting to new routines, and potentially missing out on important educational activities. Moving before spring allows children to start fresh at the beginning of a new school year.