6 Reasons to Seize Your Real Estate Goals NOW

by Bob Lucido Team

In the world of real estate, timing is everything, and as the sun shines brighter and the flowers bloom, the months of May, June, and July emerge as the golden trio for both buyers and sellers. With longer days, warmer temperatures, and a flurry of activity in the housing market, this period offers unparalleled opportunities for those looking to seize their real estate goals.

Peak Season for Listings

May, June, and July herald the peak of the real estate market, with an abundance of listings flooding the market.

Sellers are keen to capitalize on the favorable weather and showcase their homes at their best, leading to a surge in inventory. This increased supply provides buyers with a diverse selection of properties to choose from, ranging from cozy cottages to sprawling estates.
With more options available, buyers can take their time to explore different neighborhoods and find the perfect fit for their needs and preferences.

Optimal Weather Conditions

One of the most compelling reasons to buy or sell a home during May, June, and July is the glorious weather that accompanies these months.

For sellers, mild temperatures and longer daylight hours bathe their properties in natural light, making them look their best. Lush gardens, vibrant foliage, and blooming flowers create an inviting atmosphere that enhances the curb appeal of homes.
Additionally, the pleasant weather encourages buyers to venture out and attend open houses, increasing foot traffic and generating more interest in available properties.

School Year Considerations

For families with children, the months of May, June, and July are particularly appealing for buying and selling homes due to their alignment with the end of the school year. Moving during the summer allows families to settle into their new homes before the next academic year begins, minimizing disruptions to their children's education.

Sellers may find that their properties attract more attention from families during this time, as parents seek to finalize their housing arrangements before the start of the school year.
Likewise, buyers with children may be more motivated to make a move during the summer months to ensure a smooth transition for their family.

Increased Buyer and Seller Activity

May, June, and July witness a flurry of activity in the real estate market, with both buyers and sellers eager to capitalize on the prime selling season.

Buyers who have been waiting for warmer weather to begin their home search are out in full force, ready to make a move.
Similarly, sellers who have been preparing their homes for sale during the winter months are eager to list their properties and attract potential buyers. This heightened activity can lead to more competitive offers for sellers and a greater variety of properties for buyers to choose from.

Favorable Mortgage Rates

Another advantage of buying or selling a home during May, June, and July is the availability of competitive mortgage rates.

Historically, mortgage rates tend to remain low during the summer months, making it an attractive time for buyers to secure financing. Low-interest rates can increase buyers' purchasing power and make homeownership more affordable.
For sellers, the availability of favorable mortgage rates can translate into increased demand for their properties, potentially resulting in faster sales and higher sale prices.

Tax Refunds

Many homebuyers receive their tax refunds in late spring, providing them with a financial boost that can be put towards a down payment or closing costs.

As a result, May and June see an influx of motivated buyers who are eager to capitalize on their tax refunds by purchasing a home.
Sellers stand to benefit from this increased buyer activity, as it can lead to quicker sales and potentially higher offers. By timing their listings to coincide with the arrival of tax refunds, sellers can attract serious buyers who are ready to make a move.