Tips For Buying A Home In The Spring in South Florida
Springtime in South Florida welcomes the sun, flowers, and anticipating plans for the summer. However, if you’re in the market for a new home, the season of Spring can seem intimidating with the multitude of open houses and extremely competitive offers. Let Seaside Living Group guide you this spring when buying your new home.
Is Spring A Good Time To Buy?
As the flowers start blossoming, so does the demand for housing as the warm weather welcomes us in South Florida. The influx of new listings and open houses can be overwhelming when looking to buy. The National Association of REALTORS finds that home prices are highest in the summer and lowest in the winter, leaving fall and spring somewhere in between.
Tips & Tricks
With the potential for an overly competitive market in the springtime, it’s of the utmost importance that you have done your research and know exactly what you want. Being decisive and prepared can be the best way to edge out other offers or snag your dream home before the price goes up.
In addition to knowing what features you want in your dream home, here are some other things to research before your spring real estate season:
The value of other homes in the area
What the neighborhood and/or community has to offer
Crime rates and reports according to the local police department
The school district and its ratings
Downtown area and local attractions
It can also be beneficial to have your loan options clearly defined before entering the spring real estate market. In some cases, working with a local lender, rather than a national or remote lender, can give you the upper hand you need to close a sale.
Contact SLG to Work With Experts
Before entering the buyer’s market, you should consider working with a real estate agent. The real estate professionals here at Seaside Living Group can offer you in-depth knowledge about an area and even get you your dream house based on non-price-related negotiations, like an extra moving day or a more flexible schedule.
Real estate agents are also valuable if you get caught in a bidding war or are worried about paying more than the home is worth. We can conduct a comparative market analysis (CMA) for you and offer estimates and connections for any renovations that might need to be done.