Location, Timing…. and Weather
We have all heard the real estate saying “location, location, location,” but with location also comes weather, especially in Canada. If you are searching for a home in the fall, it’s best to start as soon as possible so you are not battling with Mother Nature along the way. Summer is winding down but that doesn’t mean you are. Between back to school and the holiday season, finding the perfect time to begin your search is imperative to your success in finding your dream home and something you should definitely keep in mind as a Buyer.
Millennials Will Drive the Fall Market
The fall traditionally sees a slowdown of sales, but in the last little while it has become the second busiest real estate season, next to spring. Millennials have started making a difference as more and more of them start buying their first homes.
New Home Builders Will Start Catering to Entry-Level Buyers
New home builders have traditionally produced larger and more affluent homes, but higher home prices and land costs coupled with a reduction in labor forces has forced builders to start focusing on producing more affordable homes for the entry-level buyer sect.
House hunting in the second busiest time of year for real estate can be challenging. Using a House Hunting Comparison Worksheet, like the one I will provide to you at the time of your showings, will make your decision a lot less challenging.
Stick to Your Budget
As we get closer and closer to the holidays, you may begin to run low on time. With this added pressure, you may be tempted to increase your budget, but that will likely come back and haunt you in the long run. Make sure you plan your budget early in the buying process and stick to it.
For more helpful hints and worksheets visit the Buyers section on my website www.thehouse4u.ca/buyers-guide