Who doesn’t love to score a great deal?! Especially, when it comes to a purchase as large as a house! There are many, many ways that you can save yourself some serious loot when buying a Pierce County home. As you may have heard in the past, buying real estate during certain times of year is a common strategy used by millions of buyers to do just that. As the summer draws to a close, many buyers are asking if the rumors about buying Pierce County real estate in August is true. In today’s post, we’re tackling that rumor head-on for you.
What Does The Market Look Like?
Just because it is a seller’s market, that does not mean that it is not a smart time to buy. Before you make up your own mind about buying or selling a piece of real estate at any time, you need to consult with your Pierce County real estate broker to confirm that you’re making the right decision. There are plenty of times when buyers have scored an excellent deal during a seller’s market, and you could be one of them.
Do You Have Kids?
Traditionally, the summer is a popular time to purchase a house or make a move because the kiddos are home from school. Involving your children in the home selection process will help to alleviate any anxiety they may be experiencing about moving, as well as, get them excited about the process. As an added bonus, your kids will have more time to spend packing their rooms, helping to prepare for a garage sale, and getting settled into the new house. There’s no question that moving while your kids are not in school is a smart plan.
The Buyer’s Advantage In August
The month of August is one of the most popular times for people to take their vacations. This means that the buyer activity will usually take a dip. Translation; there is less demand and fewer offers made. As you know, supply and demand are huge when it comes to getting a fantastic deal on a house, making buying in August a savvy financial move.
The Biggest Summer-Time Surge
Speaking of supply and demand, statistics show that more sellers pull the trigger to list their house for sale during the month of August than most other months out of the year. That spike in inventory is beneficial to you because the subsequent dip in buyer activity tends to scare the sellers and make them desperate. When a property does not sell within the first week of being listed, it begins to grow stagnate and depreciate in perceived value. If getting a smart deal is important to you when you buy a home in Pierce County, take advantage of this opportunity to leverage your position.
Want Help Buying A House In Pierce County This Year?
It’s true; August is a phenomenal time of year to buy property in Pierce County. However, it is not the only smart time. Furthermore, timing is not the only factor to consider when buying your next home.
Ultimately, the best way to ensure that you are getting a great deal and making an overall strategic financial move that you won’t regret is to work with an experienced Pierce County real estate broker.
Your broker will be able to help you sort through the inventory, secure the best financing, and negotiate the right price.
Whether you are ready to buy your dream home this August or are thinking of making a move soon, our Pierce County brokers will be able to help you every step of the way.
You can explore all homes currently for sale in Pierce County here, or preview our all-star roster of brokers here and please don’t forget to subscribe to our blog for more real estate tips and local news.