The Spring Market in the Digital Age

By: Victor Normand
Published: March 2016

Acton Real Estate now wears the “Crown of Excellence” for its overall relocation and referral accomplishments. Again this year, the Leading Real Estate Companies of the World ® ranked our company in five different measurable categories of performance at the annual conference held in Miami. Based on our accomplishments in 2015, Acton Real Estate bested 140 other independent real estate companies from across the country to take top honors in our class.

So what does relocation have to do with the spring market? Well, everyone likes the idea of buying a home in the spring and moving in during the summer, but it doesn’t always work out that way. People change jobs, retire, blend families and generally have many reasons to buy a home throughout the year, not just between April and June.

If you have planned ahead and followed the drill to prepare the house for sale this spring, you won’t be disappointed. Inventories are still below average, interest rates remain at historic lows and the economy continues to improve. Every indication points to a very strong real estate market this season. Use this checklist to see if you are actually ready:

  • Hire a real estate professional
  • Know the general condition of the market
  • Declutter/depersonalize
  • Consider a home inspection
  • Fix-up/remodel
  • Set a price

But don’t despair, all is not lost, people are buying homes all during the year, even more so in this digital, virtual age.

Taking buyer and seller behavior into consideration is a good thing, and an experienced Realtor can give you up-to-the-minute information on what those current mindsets are. If timing is everything to you, you might want to get Di Vincenzo’s best seller, Buy Ketchup in May and Fly at Noon: A Guide to the Best Time to Buy This, Do That and Go There. Besides the benefits of listing during the spring market, some interesting factoids include:

The best month to make an offer on a house is January
The best day of the week to list a house is Thursday
The best day of the week to make an offer is Tuesday
The best time to tweet about the listing is 4:00PM

Trying to time a listing can be a challenge, but you don’t have to think you have made a big mistake if your timing is off. We know that buyers are looking at properties 24/7 all during the year. Just because they are not circling the block doesn’t mean they are not shopping. The combination of good weather and the start of school in September have created the traditional spring real estate market, but everything else about how, when, and where we shop for everything has radically changed.

When the time is right for you to list your property, bring in a professional for a consultation. The Resident Expertssm know all about timing and everything else involved in the home selling process.