June is a busy month in real estate, with many people looking to buy and sell homes. Whether you’re planning to make a move this month, here’s a quick overview to help you prepare.
If You’re Buying This June
Many families prefer to move after the school year ends and before the next one begins, making late spring to early summer a popular time for homebuyers. This means you’ll likely face more competition, but you’ll also see more listings available. Here’s what you need to know:
- Increased Competition: Expect more buyers in the market, which can lead to bidding wars.
- More Options: This is also the time when more sellers list their homes, providing you with a wider selection.
- Trusted Agent: Work with a reliable real estate agent to stay on top of new listings, make strong offers, and navigate the competitive market.
As Forbes advises, approach the market confidently and don’t let the hustle push you into making a hasty decision that isn’t right for your budget or lifestyle.
If You’re Selling This June
With a surge of buyers in the market, sellers are in a strong position. Here’s what you need to know:
- Motivated Buyers: Many buyers want to move before the new school year, so they may put in strong offers.
- Faster Sales and Higher Prices: If your house shows well and is priced right, it could sell quickly and for a higher price.
- Flexibility with Closing Dates: Be prepared to discuss closing dates with your agent, as buyers might need flexibility depending on their current situation.
U.S. News Real Estate suggests that being flexible can help keep deals running smoothly, and buyers might even offer concessions like covering closing costs.
Bottom Line
Whether you’re buying or selling this June, it’s important to understand the market dynamics. Contact the Burroghs Real Estate Team to help you navigate the process and ensure a successful transaction.
