With the spring market coming to a close after an abnormally slow season, many potential buyers are asking themselves if now's a good time to buy. It’s a fair question, since the latest data suggests that activity might warm up heading into summer, and sales have increased by 55.2% from April to May.
If you find yourself in this position, there are a few factors to consider before making a decision.
Better Price vs. More Variety
Pent up demand will likely result in a busier summer than usual. If you want to beat out the competition, now would be a good time to jump into the market. With less people competing, your chances of sparking a bidding war are much lower, and would likely result in a better closing price for a home.
On the other…