Blog Stories What Time of Year Do You Think is Best to Buy a Home?

What Time of Year Do You Think is Best to Buy a Home?

By Chad Meier, November 28, 2018

In real estate, the spring is often seen as an ideal time to buy or sell. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the market ready to buy.

 

According to Bank of America’s annual Home Buyer Insights Report, 41% of renters surveyed feel that spring is the best time to buy a home. However, what may surprise some is that when ranking the seasons, winter comes in second at 24%.

 

However, the sunny months make for the most competitive season for transactions in many areas of the country as well. This often leads buyers (often families with kids) who haven’t found homes by the end of summer break to push pause on their search in the fall and winter months. And this creates a great environment for buyers to find a home with less competition.

 

Now the silver lining for sellers is that buyers who are out in the winter are serious about wanting to find a home, and there is traditionally less competition on the market which gives them greater exposure to those buyers!

 

The Bottom Line… As mentioned in prior posts, no one knows with any certainty what the future holds, so don’t attempt to “time the market”. Rather, make a move when the time is right for your unique goals and needs.

 

If you are one of the many who would like to make a move this winter, I’d love to help you win!

 

Please feel free to call or text me anytime at 503-709-9600 or email me at Chad@PortlandHomeBase.com

 

Cheers!

Chad Meier

Broker

Hello, I’m Chad: Licensed Real Estate Broker, native Oregonian, photography aficionado, lover of old houses, friend to all animals, and powered by analytical data. As a member of the National, Oregon and Portland Metropolitan Associations of Realtors, I'm proud that my profession allows me to use the tools I've acquired over the past 20+ years (client advocacy, sales & marketing, conflict resolution, et al.) to help people on a daily basis. Bottom line… I love the work! Through personal experience, I understand that buying or selling a home is more than just a business transaction; In fact, it can often be a life changing event! This is why I’m dedicated to providing exceptional service for my clients when it’s time for them to make their move. On the listing side; I believe that every home, no matter how modest or grand, deserves to make the best possible first impression on a would-be buyer. This is why I’m aligned with our area's preeminent independent real estate brokerage (Living Room Realty) to offer every property the most compelling & relevant marketing available. It also means that I’ll never represent your home online with a smartphone picture ;^) On the buying side; I personally work with every client - no handing you off to a junior team member of a team - to ensure that we work toward your goals together and don’t fall prey to some of the pitfalls that buyers can face in today's heavily weighted market. In short, I can help you win! Above all else, I pledge to be a strong advocate for my client’s interests and promise to work relentlessly to help them achieve their real estate goals. After all, I believe that if you’re not left with an amazing experience, I haven’t done my job. Speaking personally, I’ve been connected to this great city and its surrounding areas since childhood. Most recently, my family (wife Shawn, son Jakob, mother Glenna, and mutts Juno & Dizzy) have lived in the vibrant Sellwood-Moreland neighborhood for the past 14 years. When not at my desk or in the field helping clients, you’ll likely find me trying to capture a compelling scene behind my camera lens, playing basketball wherever I can find a pickup game, or combining these two passions by photographing my son’s high school basketball team in action (GO WARRIORS!). And on occasion, you may even find me at any number of our city's finer dining establishments, searching high and low for a bartender who knows the recipe for a perfect Roman Holiday ;^) Whether you have a plan to buy or sell (or simply need to develop one), please feel free to contact me. I look forward to understanding your goals and helping you achieve them! I can be reached at 503-709-9600 -or- Chad@PortlandHomeBase.com
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  • T: 503-709-9600
  • F: 503-961-8224
  • thechad@livingroomre.com

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