Is Spring time the best time to buy or sell?

There are quite a few answers to this question, with replies relating to the state of the market, your nances, your requirements, interest rates and other such matters.

But while it is, of course, best to buy or sell when it suits your individual needs, there’s something about Spring that seems to start the market ticking over.

And this “Spring effect” has ow-on bene ts for both buyers and sellers alike.

 

Buying in Spring

The weather has a lot to do with it, of course. If you’re planning to buy, there is much more incentive to get out and about now that the weather is warmer, rather than shivering through inspections in the winter cold. This anticipated increase in inspections during Spring encourages people to put their homes on the market, providing you with many options to choose from.

Selling in Spring

Planning to sell in Spring also makes sense from the point of view that this is usually the time when your house and garden are looking their best. It is also the time when people are keen to buy because they hope to be able to move and settle into their new home before the kids go back to school, so there is more chance of attracting genuine buyers.

One well-known real estate principle is that it is wise to be a buyer when other people are selling, and to be a vendor when other people are buying. The great thing about Spring is that this applies both ways. It’s a time when some people are selling and others are buying, resulting in it being the prime real estate season.

So whether you plan to buy or sell property, make up your mind to make the most of Spring and look forward to an outstanding result!

If you are thinking about selling and taking advantage of the Spring Real Estate Season, the rst thing you need to do is nd out just what your property is worth in the current market.

If you would like to get an honest opinion of the likely selling price of your home call the team at Nicholas Scott Real Estate today for a free no obligation market appraisal.

Original article by: Paul Kounnas