Isn’t it? Not necessarily, but it’s probably hands-down the busiest time in the real estate year. Real estate expert Shannon Barnum at Modern Market Realtors say that an emphasis on the spring home buying season has its roots in practical reasons and also in some enduring misperceptions about the marketplace.
Shannon says For one thing, in spring, people who have been cooped up over the winter are ready to bust loose, get out and sample the sunshine. And for many, buying a new home in the spring fits nicely with the school calendar. “I typically hear people say, ‘I want to sell my house in spring and summer because it’s the best time. “For some people it is, especially when it comes to transitioning kids into a new school. Doing it then makes that simple and easy. So yes, I think in some ways, for some people, the best time to buy is spring.”
Rethinking the Seasons in Fargo-Moorhead
But Shannon, among others, suggests that the best time to sell a house might be in the fall or winter. “That is prime time,” she says. “True, in fall and winter, you have less inventory out there, fewer homes to look at. But people who are buying a home in fall or winter, those are serious buyers. They are buying with a purpose – whether they’re getting divorced or just realized they’re having triplets or they’re getting a job transfer. There’s a reason for that move.” And Shannon Barnum say that though you might have a horde show up for your springtime open house, precious few of them might be earnestly looking to buy. Tire-kickers, in other words.
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