Real Estate Trends for Spring and Summer

Predicting real estate trends is an iffy proposition, butsuch as New York and Illinois, May is usually the turning
there are some trends that come around each andmonth. This is particularly true with the late storms we
every year. We are just starting one of those trends.have been seeing this year.
As we roll into the month of May, we are fully intoThe common perception is we are in a slow real
spring and summer is just around the corner. Yes,estate market. This is somewhat true. A more
there is still some weird weather around the country,accurate statement is we are in a buyers' market.
but there is no denying it is warming up. If you areHomes are selling, but not at the mad hatter pace we
looking to buy or sell a home, this is really good news.saw a few years back. Even in a "slow" market, you
Why? The real estate market is warming up as well.can expect to see the action hot and heavy in May
Predictions for the real estate market are often notand June.
worth the paper they are written on. Read two articlesYou will note I didn't mention July or August. There is a
in two different publicans and they will say the exactreason. There is a trend within a trend. July and August
opposite thing. One will say housing is ready to comeare not slow times in the real estate market, but they
back. The other will declare that we haven't bottomedare not the busiest. Why? Kids. The kids are all out of
out yet. So, who do you trust? Beats me, but there isschool. This tends to translate to family vacations,
one common sense trend you can take into accountwhich more or less slows things down a bit in real
each and every year.estate. As we enter September, things will pick up
As the weather warms up, so does the real estateagain through the rest of the fall.
market. After all, who wants to go driving around in theSellers or buyers market, spring is always a time when
bitter cold to shop for a home? Well, there are a fewthe real estate market picks up. If you are looking to
hardy souls who will do it, but you know what I mean.buy or sell, now is the time to act.
In states that have fairly warm weather year aroundGet a free one month listing when you sell FSBO on
such as Southern California and Arizona, the realFSBOAmerica.org.
estate market is already in full swing. In colder markets