Summer Season Bringing the Heat
Year over year, the summer season consistently holds the number one spot for being the hottest market in the residential housing industry. With no surprise, the 2021 summer season will be the pinnacle real estate season to buy homes. Mark Spain Real Estate has analyzed the upcoming market so you don’t have to!
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As we approach the summer season we can expect to stay in the seller’s market. In the first part of the year, we saw rapid growth in home prices due to the combination of low inventory and high demand to buy. This placed the pricing power in the hands of the seller since there aren’t enough homes available to match the high demand of buyers that are trying to find their perfect home.
Although we still are seeing low inventory levels, the activity of homebuyers has not slowed down. With the COVID-19 vaccine available to the public and unemployment rates decreasing, we are seeing an active increase in homeowners placing their homes on the market with an optimistic attitude. This is creating an increase in inventory levels while simultaneously contributing to the high demand to buy a home.
Summers in the Suburbs
The summer season is the hottest time for residential real estate. This is an optimal time for families to relocate due to the fact that kids are out of school for a few months. During 2020, we saw an increase in demand to live in the suburbs where amenities and communities flourished. In 2021, we expect home buyers to continue to gravitate towards the suburbs. The suburbs are incomparable, especially during the summer months. They are quieter, offer more amenities like pools and playgrounds, and provide tight-knit communities. These are the ideal checkpoints for the 2021 homebuyer.
Guaranteed Offer Program
Mark Spain Real Estate strives to provide options for our clients. With our Guaranteed Offer Program, our clients have ensured a closing within 21 days and will be on their way to moving quickly and efficiently this summer! Mark Spain Real Estate extends a competitive all-cash offer contingent on the inspection, streamlining the sale of your home. With this program, you will be able to bypass the competitive summer market and skip the showings and open houses! To find out if you qualify for our Guaranteed Offer Program, visit our website!
Mark Spain Real Estate strives to keep our clients as our top priority and deliver an unparalleled client experience. We aspire to continuously grow and improve in all that we do. We are grateful to serve our clients in reaching their real estate goals! Contact us today!