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Why To Buy A House In the Spring

Why To Buy A House In the Spring

Whether it’s a New Year’s resolution or a long-term plan, buying a new home in the spring can be a smart decision. This is for many different reasons, not only because of the time of year but also to do with the current real estate market. Overall, the reasons for buying a new home differ for each person and family. Below are some reasons why springtime may be the right time for you to become a homeowner.

Tax Refunds

Usually no one is excited to file their taxes, with all the collecting of documents and extra paperwork. For those who end up getting a refund in the mail, tax season can be beneficial for entering the housing market. Whether you are making sure you have enough for a down payment or enough for after you purchase a property, a little extra from your tax refund will help.

School’s Out Soon

If you buy a new home in the spring, it is highly likely you will be moving in the summer. This means that not only is it good weather for moving, but children will be out of school.  Depending on your child’s situation, this makes the move to a new home and school a much easier task than it would when school is in session.

Good Moving Weather

Moving during the spring can include rain but it can also include clear skies. Although it may not be hot, moving is much easier when there is relatively pleasant weather and no extreme amounts of rain or snow.

Spring Cleaning

Nothing says springtime like cleaning, decluttering and organizing. If you are planning on buying a new home and moving from your old one, organizing your belongings is a vital step. Consider going through your personal and household items to decide what will make the move with you and your family. One way of categorizing your possessions is making separate piles for keeping, donating and throwing away.

Market Inventory

Spring has traditionally been the best time to enter the housing market because inventory is usually high this time of year. However, demand is still strong with buyers. Over the past several years, there has been a strong seller’s market but inventory is now increasing, making this a good time to purchase a property.