Buying a home this summer? Cleveland Realtors are gearing up for real estate activity in the coming months. Here’s what buyers need to know about entering the housing market this summer season.
Buying real estate in Cleveland, Ohio in the summer
There are many reasons why summer is a good time to explore the housing market
- Great weather
Summer is a wonderful time to be out and about. Take advantage of bright, sunny weather during the summer to make house hunting a more pleasant experience. You’ll be less likely to cancel on a home viewing appointment when the weather is cooperative. It also gives you the opportunity to explore the neighborhood and nearby attractions without having to worry about poor weather.
- Better quality real estate photos and videos
Summer makes for better listing photos. Without snow on the ground, real estate photos and videos can provide a more accurate representation of the property. You’ll be able to discern which properties have better outdoor space with bright clear skies and seasonal foliage.
- Avoid the spring season rush
Spring is generally considered the busiest season for home sales in the United States. There are more homes on the market but there is also more competition for available inventory. Buyers who don’t want to deal with heightened competition might do better to wait until summer, when the weather is still fantastic but when there are fewer buyers in the market.
Lower inventory also makes it easier to narrow down your search and focus on properties that match your criteria. This lets you take your time with the home search and negotiations in order to secure the best deal possible.
- Avoid moving during the holiday season
Most sellers want to avoid having to move house during the winter months or holiday season. This might be true for you as well – moving house during an especially brutal winter can cause logistical issues as well as disrupt holiday celebrations with friends and family. Likewise, buyers who enter the market in the spring and summer season want to be able to get settled before the start of the school year. This makes summer a good time to buy a home and relocate to Cleveland.
- Better prices
Spring is a busy time for Cleveland real estate. The sheer number of buyers flooding the market can push up prices, especially for homes in fantastic locations. Buyers are more likely to make offers over listing price in order to secure the home of their choice. Having less competition in the summer can help you avoid bidding wars that drive up sales prices. It also gives you more space to negotiate with sellers who weren’t able to find buyers for their home during the spring season.
Work with a local expert this summer
Still looking for homes for sale in Cleveland, Ohio? Gain access to exclusive listings with a top Realtor in Cleveland. Call me, Michelle McQuade, for more information on listings in and nearby communities like Chagrin Falls. You can reach me at 440.823.2448 or send me an email at michellemcquade(at)howardhanna(dotted)com to get started.