Back to School
Over the last week, we have all heard “back to school” and it either brings emotions of joy or emotions of sorrow. It’s the start of a new school year, and some are wondering if they have missed the “Summer Rush” to sell their home. A lot of people are asking if now is a “bad time” to put their home up for sale. In today’s market in Baldwin County, there’s no such thing as a “bad time”.
Summer is almost over, but the Gulf Coast real estate market could stay hot for months. Most years we see a lull in the market around this time of year. Historically, families only moved in the Summertime because of the school year calendar, but the lifestyle of today’s buyers has changed. Job transfers and COVID-driven relocation have changed the way and reasons people move. There’s no longer a pattern or typical time of year. If a home is priced right, we are seeing properties moved within 30 – 45 days, whether children are going back to school or not. On another note, Zillow reports that more than half of homebuyers aren’t married and are not on a school timeline. As millennials have entered the housing market, this trend is expected to continue.
Despite the hustle and bustle of getting the kids back in school, the market is hotter than ever, inventory is still low, and demand is there. All in all, don’t let the first day of school jitters keep you from entering the market. If you’re considering selling your home, get in touch with one of our agents so we can help you get it priced right!
Reach out to one of our agents today. Search our agent roster or call 251-928-9265.
Source: Articles from Zillow.com, Realtor.com, and Forbes.com