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When Is the Best Time to Buy a House? (Hint: Right Now!)

Edited by Charity Chezum • Jul 01, 2020

You’ve heard buying a home is a long and difficult process, which is true... but it doesn't have to be. If you know when to shop, you can find a house fast and be moved in within a few short weeks. 


So when is the best time to buy a home in Shell Beach? 


We’ve put together this guide to help you find out. Make sure you keep reading below to learn when you should start shopping. 


When Is the Best Time to Buy a Home? 


There’s no one-size-fits-all answer to this question. The best time to buy a house depends on a number of factors, including where you live. However, in most cities and states, the best time to buy a home is the beginning of summer, which is right now! 



Here are a few reasons you should start shopping for a home in the Shell Beach area today. 


There Are More Houses on the Market 


The months of May through September are peak moving season[1]. This is the time most families are putting their homes on the market and relocating, meaning there will be a lot of options to choose from. 


It will be much easier to find a home at the beginning of summer than in the middle of winter. 


Keep in mind, though, because there are a lot of homes on the market, there are also a lot of interested home buyers. In other words, there will be a lot of competition, so you’ll want to move fast when you find a home you love. 

Homes Sell Fast 


The closing process can be one of the most frustrating steps of buying a home. You’ve already made an offer, but you have to wait several weeks—sometimes over a month[2]—before you can move in. 


Since there are a lot of people shopping during this time of year, the sales tend to be faster. If you want to move into your home as soon as possible, you should look into buying a home during the beginning of summer. 


The Weather Is Good 


This might seem like an unimportant thing to consider when you buy a house, but think of it this way... 


Buying a home involves hunting for the right one, which can have you driving all over the neighborhood or even visiting different states. Because of this, bad weather will make the search more difficult and slow things down. 


You’ll have more fun (and more luck) checking out homes if you’re warm and dry. 


How to Buy a Home That’s a Good Fit for You and Your Family 


One of the easiest ways to find a house that fits your family’s needs (and find it fast) is to start shopping during the best time to buy a home. And that time is right now. 


Not sure how to start looking for homes in the Shell Beach area? David & Karen Present can help. Let us take care of all the hard work for you so you can relax and enjoy the process. 


Don’t wait to reach out to us today at (805) 459-8798 to take the first step into your new home! 

 

 




References:  

1. https://money.usnews.com/money/blogs/my-money/2013/09/11/the-best-time-to-move-for-renters 

2. https://www.bankrate.com/real-estate/how-long-does-it-take-to-buy-a-house/#:~:text=If%20you're%20wondering%20how,days%20to%20close%20the%20deal. 

What does sale pending mean?

By Danica A • 01 May, 2022
You’ve spent months searching for the perfect home, and you think you may have finally found it. But when you hop online to do some additional research, the home’s status is listed as “sale pending.” Are you entirely out of luck? It doesn’t say “sold,” after all. Find out more about what “pending” means on a house for sale, and what your options are if you’re interested in it. What does sale pending mean in real estate? A pending sale in real estate simply means that the seller has received and accepted an offer on their home. However, the deal is not yet finalized — hence “pending” and not simply “sold.” If you’re interested in a pending property, your agent should consult with the seller’s agent to learn more about the status. You may still have a chance, though it is likely slim. Can you make an offer on a house that is pending? In short, yes. But it may not be worthwhile. A pending deal is not set in stone, but it’s not exactly open for discussion either. Unless the pending deal falls through, you can’t simply win over the seller by offering more money or waiving certain contingencies. In fact, most sellers are contractually obligated to honor the current offer, even if a higher bid comes in. Still, if you’re really interested in the home and counting on the current deal to fall through, you do have the option to submit a backup offer. Be sure to consult with your real estate agent for advice on the best way to move forward in this situation. Reasons a pending sale may come back on the market It is possible, if not likely, for a pending sale to come back on the market. There are many reasons why this could happen: Below are some common reasons why real estate purchase transactions sometimes fall through.

4 Signs That It’s a Good Time to Sell Your Home

By Danica A • 01 Apr, 2022
You might already know for a fact that you’re ready for a new home. But before you pull the trigger on selling your current home, you want to know that you’ll get top dollar and be financially secure for the long haul. Here are four signs that there’s no time like the present to put your home on the market. 1. You Don’t Need Any Big Repairs or Remodeling Sure, upgrading a bathroom sink might make you feel better about what potential buyers see when touring your home. But don’t sweat the small stuff. You aren’t likely to recoup the expenses you put into most home improvement projects, much less turn a profit . The important thing is that your home doesn’t need some type of major overhaul that sends buyers running for the hills – something like a leaky roof or cracked foundation. Barring any such severe flaws, just double check with your real estate agent to make sure there aren’t any renovations that would significantly raise your home’s value. If there aren’t, then you should consider your home ready to hit the market. 2. You Have Positive Equity to Avoid Out-of-Pocket Costs Equity is the difference between what your home is worth and what you owe on it. Say your home is worth $100,000. If you only owe $50,000 to pay off your mortgage, that means you have $50,000 in positive equity. Ideally, you’d like to have enough equity to cover closing costs and put some money down on your next home. At a minimum, you want to have enough to cover the current balance of your mortgage, so you can avoid paying out of pocket. As long as you have even a small amount of positive equity, that’s a positive sign that you’re ready to transition to a new home.

Foolproof Paint Colors That Will Sell Your Home

By Danica A • 01 Feb, 2022
Selling a home with an electric, lime-green living room is going to be more difficult than you originally anticipated. In fact, your home might sit stagnant on the market for quite some time. The reality is that paint color packs a serious punch in the real estate game. So, which colors are going to sell your home? A home remodeling guide and contractor liaison website, surveyed 200 leading interior design experts and influencers to uncover the upcoming paint trends for owners to keep in mind before selling their home. We’re armed with Fixr's Paint & Color Trends Report and ready to dish on the hues to use and hues to lose before putting your house on the market. (Hint: Lime green didn’t make the list.) The Kitchen: White or Warm Gray Design pros believe that warm gray or classic white tones are best for painting interior rooms like the kitchen. Some of our favorite white and warm gray paint colors to check out for your kitchen include Revere Pewter and Simply White by Benjamin Moore or Pure White and Agreeable Gray by Sherwin Williams. The Living Room: White When in doubt, white it out. Surveyed pros believe white paint will sell your home because not only does it provide future buyers with a blank slate, but it gives living rooms a fresh, well-kept appearance that appeals to the masses. Our tried-and-true white paint colors include Snowbound or Greek Villa from Sherwin Williams or White Dove and Chantilly Lace from Benjamin Moore.
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