Is Spring The Best Time of Year to Buy A Home?

Deciding when to buy a home is all based on personal preference and the best timing for you. However, there are certain times of the year that it is better to buy or sell, like early spring. Below are some pros and cons to buying and shopping for a home in the spring rather than other times of the year.

More Houses Go on the Market

When early April comes around, many property listings start popping up. The main reason for this is that homes tend to look better in the spring. With blooming flowers, green grass, and fresh landscaping makes a house more attractive rather than being covered in snow. Sellers and buyers alike become more motivated when the market is active. On the other hand, with more properties available, means more competition. If you find a home you love, get the buying process started sooner rather than later or it could be gone.

Spring is a Better Time to Move a Family

Without a doubt, moving your family at any time of the year can be stressful. But the plus side of finding a home in early spring and closing right before or a little after school gets out, you won’t have the stress of coordinating how kids will get to and from school or missing out on other end of the school year activities. Also, moving into your new home during the summer will give you time to get settled in before the school year starts so you can start planning your new routine early.

You Might Have Some Extra Money in Your Pocket

By the time early spring rolls around, you’ve likely paid off Christmas bills and got a nice tax refund. Having a little bit of extra cash can ease the stress of purchasing a new home such as closing costs, inspections, and hiring movers.

With spring quickly approaching and changes to the market coming soon, start your home buying research now. The more educated and confident you are during the home buying process, the better decision you will make when looking for a home. Before picking out your dream home this spring, be sure you get pre-approved and lock in your rate with a First Ohio Home Finance loan officer. If you have any questions or want to meet with a loan officer, contact us online or call our office at (888) 818-1850.