No, it’s not the Holidays unless of course you are a Realtor. Ask anyone in the real estate profession and no one is happier to see the signs of Spring than Realtors.
You see, the prime selling season in Colorado is April through July. Why? It’s simple. The nice weather brings out buyers as well as sellers. Yes, you can buy a home in January, but not a lot of people want to go trekking through the snow with boots, coats, and gloves to look at homes. Yes, you can put your home on the market in February, but let’s be honest; doesn’t your home look best in the summer when everything is green and in bloom?
Next week is the first week of April so sellers, if you have been putting off meeting with that Realtor and getting your home on the market…wait no more. You’ve got four really good months to take advantage of the Colorado selling season. Buyers, you’re still in the driver’s seat in this market for most price ranges so meet with that lender, get the finances in order, and start looking. After all, you don’t want to spend your entire summer looking at homes. Do your homework, see exactly what you are looking for, make a fair offer, close the deal and move in by mid-May. That way, you’ll have the rest of the summer to enjoy in your new home. If you are trying to take advantage of the tax credit, you have until the end of April to be under contract with a property. One other note for buyers: remember, we always see an increase in inventory from April to July so this will be the peak time for a wide range of homes for you to choose from.
Finally, if you fall outside the window of April to July, don’t fret. There is still one more good opportunity before the end of the year to sell your home. That would be from mid-September to the beginning of November. Happy Selling and Buying To All and To All A Good Night.