Yes, there is a Summer Buyer’s Market! If you’re thinking about buying or “have” to buy, now is the time to jump into the Vermont real estate market. Sellers who have their homes for sale are eager to sell before the fall. If you’ve been discouraged over the past few years, now is the time to get back out there to find your new home. More houses for sale, fewer buyers competing.
Here are the top 3 reasons to buy in the summer:
Everyone is on vacation. The pool of buyers goes up and down in the summer months depending on vacations. You are competing with fewer buyers.
Back-to-School season is here. Believe it or not, people are preparing for back-to-school which means college trips, school supplies and new clothes and shoes. Even people who aren’t going back to school get excited about office supplies. This phenomenon distracts many potential buyers from the real estate market.
One last trip! If people aren’t taking a scheduled vacation, then they are planning that “one last trip” before the summer is over. Concerts, horse shows, or just a quick jaunt to the ocean. The “last trip” of the summer means that those buyers are still vacationing rather than house-hunting.
We have a 100% success rate for helping our buyer clients find their next home. Reach out if you are ready to take the first step in purchasing.