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I was told the market is better in the spring and summer. I am interested in real estate and wanted to know how slow the market will be going into the fall season.

2007-06-26 11:25:48 · 3 answers · asked by ? 3 in Business & Finance Renting & Real Estate

3 answers

There are traditionally more buyers and more sellers during the summer than the winter. That means it is a busier time for agents but it doesn't necessarily mean it is a better time to sell or buy.

The fall is when a lot of Real Estate conventions are held because it is normally much less active. (less buyers and less sellers). It can still be a good time to buy or sell. If you are a buyer and wanting to buy a house that has been listed all summer-maybe the sellers feel desperate and will sell cheaper. If you are a seller and wanting to put you house on the market in the fall you will have less competition and possibly your buyer will not have a second choice.

Which ends up being true for you has to do not only with your local market but how your home is priced and how it is marketed. Or as a buyer, whatkind of home you are looking for.

If you are a real estate agent-this is a challenge- it will be slower. But- a lot of agents give up and don't try as hard during this time of the year. I work harder and usually make a good living in the fall.

2007-06-26 11:50:06 · answer #1 · answered by glenn 7 · 0 0

Usually yes it is, this year though we are in a downturn, or should I say market correction with more homes on the market than there are those able to buy.

2007-06-26 18:35:52 · answer #2 · answered by Pengy 7 · 0 0

i think it would be better in the summer cause all the trees are in bloom and everything looks better.

2007-06-26 18:33:07 · answer #3 · answered by PiperHalliwell 3 · 0 0

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