IS REAL ESTATE BUSIER IN THE SUMMER MONTHS OR THE WINTER MONTHS?

Asked by LIDIA, 07657 Fri Aug 29, 2008

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5
Bill Eckler, Agent, Venice, FL
Sun Aug 31, 2008
Lidia,

This depends of the location. Florida real estate is definitely busier during the winter while in the northeast their busiest time is the summer months. Many buyers base their home shopping on the lack of real estate activity..............
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Tman, , 30642
Sun Aug 31, 2008
LIDIA,

The vast majority of the real estate business is done in the summer months, especially up north ...

Right now with schools opening, business will drop by 70/80% depending on the area and the weather ... the closer you get to the holidays, it will drop another 50% from the remains of that market ... usually from Minnesota to Massachusetts it gets pretty quiet until late spring ... now Florida is the opposite, it actually does more business because of the vast amount of tourist trade in the winter when the population triples .. but the summers are very quiet until Octoberish...

I hope this helps ..


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0 votes
Vicky Chrisn…, Agent, Purcellvile, VA
Sat Aug 30, 2008
This year, I have been SWAMPED since January (thank you, God!)
Web Reference:  http://www.vickychrisner.com
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Marge Badois, Agent, Londonderry, NH
Sat Aug 30, 2008
There are definitely more real estate sales made in the spring and summer, but that does not necessarily mean it is the best time to sell or buy. Those selling in the fall and winter will have the advantage of less competition from other homes on the market. Buyers that are out looking at homes during the winter are typically those that NEED to move and therefore are very motivated to buy. Homes generally look their best when decorated for the holidays. Sellers can take advantage of the season and spotlight their home with special lighting and decorations. What says" welcome home" better than a crackling fire in the fireplace? For properties with lawn or landscape issues, there is nothing better than a few inches of snow to cover up the problem and add to the curb appeal.

Buyers looking at homes in the "off season" can benefit from the fact that most sellers listing during this time are generally motivated to sell and more likely to deal. Even moving companies are likely to offer deals in the off season.
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Sj209, Both Buyer And Seller, California
Fri Aug 29, 2008
Busier in the summer and spring seasons.
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