If you’re getting your home ready for sale, you probably have a lot on your plate.
You might be painting, upgrading or maintaining your landscaping, making last minute upgrades or renovations, and, of course, preparing to pack up and move. At R&R containers, we’ve got your back during this transition with affordable junk hauling services and roll off container rentals to help with your cleanup, upgrade, or renovation. So, what are some of the things you should consider if you’re getting ready to put your home on the market?
Seasonality
One factor to consider in selling your home is seasonality of the real estate market. If your real estate market is really hot right now, seasonality might not matter to you. It could be the case that demand is so high in your area that you’ll get plenty of offers regardless of when you put your house on the market. However, in less competitive markets, it’s probably worth taking seasonality into account.
Essentially, there are two spikes in home purchases every year. The first one has just passed us by. Generally, the largest peak occurs in May and June. Then, during the hottest months of the year, demand slows somewhat. It’s still higher in the hot summer months than it is in the dead of winter, but not as high as either of the peak times. The next peak occurs after the heat has passed, in the second half of August and the first half of September. If you want your house to hit the market for the second peak of 2017, you’d better start getting it ready — if you haven’t already.
There are a variety of explanations as to why the real estate market exhibits this seasonality. Perhaps it’s because the kids are out of school and distracting their parents from the house hunt. Perhaps it’s because people spend their time traveling during July and early August. Perhaps it’s just too hot for folks to want to go out to open houses. It’s probably a combination of all these factors and some others, but experts don’t really have any solid explanations as yet.
Check back soon for Roll off Container Rental Before Selling your Home: Seasonality and Other Considerations — Part 2
