Spring is usually considered the hottest time of the year for buying/selling homes. Winter is over, the weather is warming, people are getting out and about, and buyers want to get moved in so they can enjoy the summer in their new home. While all this makes spring a good time to buy a house, summer offers some definite advantages for home buyers. In fact, in some ways, it just may be the best time to buy a house. So let’s look at 5 reasons why summertime is the best time to buy a house in New Jersey.
1. School Is Out
One thing that makes summertime the best time to buy a house in New Jersey is the simple fact that school is out. That means you won’t have to work around the kids’ school and school activities schedules. And makes the home search and home buying process much easier and much more manageable.
The fact that school is out during summer is also a big plus if you have to move any distance to your new home. You won’t have to uproot your kids from school, and it will give them settle in before school starts again in the fall. “This is also a great time to get the kids involved in recreational activities or sports teams for the upcoming school year, so they can be involved in activities and meet new friends soon after the move is complete.”
2. Days Are Longer and the Weather Better
Another great reason why summertime is the best time to buy a house is that days are longer, especially when you factor in Daylight Savings Time, and the weather is more cooperative.
“Summertime means the days are longer, which is an important advantage for homebuyers. You can spend the extra time evaluating a home’s exterior to see how it looks in broad daylight. Summer also offers you extra time to explore a home’s surrounding neighborhood. Take a drive to scope your potential block and explore the surrounding parks, schools, restaurants, and access to major roads and highways. Use the extra sunlight and nice weather to determine the pulse of the neighborhood.”
In addition, the heavy weather of spring is now past. You have to worry about thunderstorms and rain ruining a day out house hunting. Summer may be warmer, but the weather is far more predictable.
Longer days and more cooperative weather also provide you with a larger renovation window when you buy a house at this time of year. “Summer also delivers plenty of benefits after you close on your house. Whether your home needs a few tweaks or is a full-blown fixer-upper, you’ll have more time to make those renovations while it’s still warm out. Summer is . . . the ideal time to complete that paint job or remodel your kitchen.”
3. Competition Decreases
And during the summer, especially late summer, you’ll have less buyer competition to contend with. The current market conditions of low inventory and fierce competition make summer a great time to buy a house in New Jersey. Your chances of finding the home you want at a good price and with less competition are markedly improved.
Summer is still a pretty busy buying season, but if you can hold off till later in the summer, you can get a great deal. “In most areas, the market slows down a bit as it gets closer to August. Late August traditionally gives you a great opportunity to find deals, because sellers slash prices even further. Don’t blow off the houses that have languished on the market during the spring and summer selling seasons. There are numerous reasons why a home might not have sold. It may be that a buyer backed out. Regardless, a home that has been on the market for an extended period may end up being a great find.”
To discover more about how to take advantage of the late summer season, contact a New Jersey agent at 855-966-DEAL.
4. You Can Evaluate the Yard and Landscaping
Summer also offers you the best chance to evaluate a potential home’s yard, gardens, and landscaping. The growing season is in full swing, and you’ll be able to see what a home offers – or doesn’t offer – with respect to curb appeal. This gives you the perfect opportunity to evaluate what kind of maintenance will be needed and what changes you’d like to make. Simply, put viewing a home during the summer gives you the perfect opportunity to see what the outside of the home is actually like during the peak season.
5. You Can Make It a Vacation
If you buy a house during the summer, you also have to opportunity to make it a vacation. You can reduce the stress of home buying and turn it into an enjoyable experience for the whole family.
Like most of us, you’ll probably take a week or two off for vacation, so why not make the best use of the time to buy a house? “Using this time to look at new homes or execute a move can help you make the best use of your time off of work by helping you get the move out of the way without the stresses of work being on your mind at that present time. You take the time off anyway, so be productive, move, and make a vacation out of it.”
And Your Agent Will Have More Time for You
In today’s real estate market with low inventory and keen competition, working with an experienced agent is almost a necessity. And if you buy during the summertime your agent will have more time for you – to help you find the right home and get the best deal – because the extremely busy spring season is past. Summer really may be the best time for home buyers. So if you plan to buy a house in New Jersey, don’t hesitate to contact us at 855-966-DEAL.