Buying A Home
kaylie622
member
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Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
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Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Months with most houses on the market?
Just wanted to see what people think about the months that have the most houses on the market. Right now inventory is very low in the area that we're looking and we're trying to gauge when we should see more coming up. We're looking at mid-size four bedroom houses that are typically occupied by families with kids and thinking that more listings could come up when the end of the school year is closer. We're also in the northeast which is usually a pretty slow market in the winter (though this one was remarkably mild).
Any thoughts on when more listings might come up?
Re: Months with most houses on the market?
My agent says the same. Starting in spring- we are in Minnesota and it's really slow when we have snow.
A friend of mine took her house off the market when winter came because she felt it was too much work keeping the house clean and having people visit while it's wet outside. So I guess this kind of makes sense.
We are in New England and the inventory has been LOW. Our house goes on the market today (in just a few minutes, actually). There has been 1 house we've looked at that we'd want to live in. We put an offer on it this weekend and will hear back by tonight. I'm hoping that on the selling side, since the inventory is so low, it will help us get an offer quickly.
As for when more will come on the market, it should be soon. If people are looking to close during June/July (end of the school year), they should be listing very soon.
It very well might. Where we are (Philadelphia suburbs) if the house is well taken care of and priced right, it sells within the week. We've been in three bidding wars.
I've been getting emails every day since last October and today there were more houses than I ever remember seeing in any one mailing. So I'm assuming they all were waiting until March to get their houses listed. I also noticed a house across the street put up a sign today.
And in terms of putting a house in the best light, all the spring flowers are coming out now so I would think that has to be an improvement over the winter showings.
I agree with PP about the closing in June/July for the impending school year. I have heard from my agent that there are more homes on the market in the spring, but the sellers generally overprice at that point. She said the best deals are to be had in June/July, when the sellers that are left realize they priced their homes too high. I don't know because I'm not an agent myself, but this sounds right.