Why Moving Before Spring Is Smart
The housing market is often busiest in the spring. Many buyers decide to hold off until then because they think it's the finest time to find a property. When you consider the competition you might experience with other buyers at that time of year, though, it isn't always the case. Here are some reasons why it makes sense to buy a property before the spring market kicks up if you're ready to do so. A Wave of Buyers Should Enter the Market in the Spring. The housing sector typically experiences predictable seasonal fluctuations in activity. The winter months are usually rather quiet, while a wave of purchasers start their searches in the spring. Experts predict that this year won't be any different. Due to a mix of typical seasonal tendencies and a response to the increase in mortgage rates last year, buyer demand is currently low. But since last November, rates have begun to decline, and more and more prospective purchasers are preparing to enter the market. Therefore,...