North Lake Tahoe Real Estate- Should I Buy My House In The Fall?
Autumn Leaves
The kids are back at school and the days grow shorter again as the leaves change and the colder air begins to creep in. Fall is the perfect time to see the season’s most dramatic change and the real estate markets most dramatic change as well. The busy spring and summer buying season comes to a sharp halt in September as the kids go back to school and buyers are less apt to want to move homes as the weather turns. The summer inventory stays relatively steady with a small decline from disillusioned sellers whose homes have been sitting on the market for months and owners that are less apt to show their home during temperamental weather pull their homes off the market. Disillusioned sellers usually mean more flexibility for buyers in negotiation. The amount of buyer competition drops dramatically in the fall as well as parents need to be home by the time the kids get off of school and busy their evenings with homework and dinner. The fall is my favorite time to shop for a home but I have no children and no limitations regarding school schedule and having to be home in the evening. Another consideration is that you start to race to keep the sunlight as you look at properties in the fall as the days get shorter.
News & Advice
For Comprehensive Real Estate Services for Home Buyers and Sellers, be sure to check out my other website regarding Lake Tahoe and Incline Village Real Estate
North Lake Tahoe Real Estate- Protecting Yourself From FED Changes
3 Ways to Protect Yourself with the Upcoming Changes in the Fed
How do you protect yourself?
First and foremost, work with a knowledgeable mortgage originator who studies and monitors the market. I would happy to give you a referral of such a mortgage broker.
Second, don’t be fooled by media stories that only report the headlines and don’t understand the underlying implications of the Fed’s actions. If you ever hear something in the news but aren’t sure what it means to your situation, feel free to email me and if I can’t answer the questions I can refer you to a mortgage person who can.
Finally, if you haven’t yet explored how the current rate environment might benefit you or someone you know, let’s arrange a time to sit down and discuss your unique situation as well as your short term and long term goals. Remember, rates are still very good, but they may not be for long.
