A lot of people feel that once Labor Day comes along, the real estate market changes.
It’s true… to select buyers and sellers and only to a degree.
For instance, families who have to make decisions based upon where their children go to school are more likely to have tried to move before the school year begins. So, people with kids in school may very well decide not to sell or buy a house until the school year is done, if they have a choice in the matter.
Who would not be directely affected by the seasons when it comes to buying or selling a house?
There’s constantly:
- People moving in and out of the area for job transfers. (Even if they have kids in school.)
- People who are retiring and moving out of the area, or downsizing.
- People who are retiring and moving into the area, or downsizing.
- Newlyweds buying their first house.
- Single people buying their first house.
- Families who need a larger home.
- Sadly, there are deaths, divorces, and desperate times that lead to people selling homes.
The list could go on for pages.
But, in almost every area, it isn’t like Labor Day is the equivalent of the clock striking midnight and the market turning into a pumpkin until Spring.
Maybe there are minor adjustments. But the market doesn’t stop, or entirely turn into a buyer’s market or seller’s market overnight, just because it’s not Spring/Summer. There are still buyers who need to buy and sellers who need to sell.
So, if you’ve been thinking about buying or selling, don’t be concerned about what you might hear elsewhere. Just ask me, and I’ll help you figure out whether it affects you and your scenario at all.
843-450-6390