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Spring and early summer might be the hottest seasons for real estate in most areas, but there are some great reasons to start house hunting later in the year. In fact, shopping for a home late in the summer could make it easier to find your dream home at the best price possible. Here are a few benefits of buying a house when temperatures start to cool.

3 Benefits of Buying a House in the Summer

1. Less Competition

There may be more properties on the market in the spring, but there’s also more buyers competing for houses. Later in the summer, sellers often drop prices on homes that didn’t sell during the high season, and you’re less likely to get drawn into bidding wars with other buyers. Having less competition also means sellers might be more willing to negotiate on repairs, the final price, and closing costs.

2. More Time to Make Decisions

real estateIn hot real estate markets, properties sometimes sell within a few days of going on sale. When the sales slow down, you’ll have more time to consider your options—without worrying that someone else is submitting a bid on a property you loved.

3. A Better View of the Neighborhood

During the summer, the kids are out of school, and people usually spend more time outside. Visiting the neighborhoods in the summer will give you a better feel for the area and help you decide whether it’s right for you.

 

If you’re looking for your dream home, let the real estate agents at Coldwell Banker Gundaker guide you through the process and find a place you’ll love to live. They have an in-depth understanding of Missouri’s St. Louis, St. Charles, Lincoln, and Warren counties, along with the expertise to take the stress out of buying your next home. Visit their website to browse real estate for sale, get more tips and advice on Twitter, and call (314) 566-6903 to speak to one of the area’s best agents today.

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