Spring Is In The Air, And So Is Real Estate

So, let’s see what makes Spring the `Selling Season’

Heightened buyer engagement: The spring season typically sees a rise in market activity, as buyers re-enter the market following the winter months with renewed interest in purchasing a home. Increased competition among buyers during this period can result in higher prices and may lead to multiple offers on properties.  Likewise, some vendors may have removed their properties from the market earlier in the year and see spring as a relaunch opportunity.

Favorable weather and aesthetics: The pleasant weather, longer days, and blooming Highlands gardens of spring make homes more appealing and inviting. Homes with vibrant gardens and plenty of natural light naturally stand out, creating a positive first impression. 

End-of-year timing: Some buyers aim to purchase a home before the end of the year for reasons such as moving prior to the holidays or beginning the new school year in a different location.  

Robust market conditions: Spring commonly aligns with a period of robust market activity, characterised by an increased number of properties entering the market and heightened buyer confidence. Add to this low interest rates and cheaper finance options – the market could be ready to heat-up again.

While spring presents these potential benefits, it is important to recognise that market dynamics can fluctuate.

Engaging with an experienced real estate agent remains essential to develop a customised strategy tailored to your specific property and local market conditions. The Fold’s real estate agent recommendations can be found here