If you’re considering selling your home, spring is the time to do it. Historically, it has been the busiest season in the real estate industry, and it’s often a seller’s market even if the overall year is a down year for sellers. Here’s why the spring market is so important and how you can use that knowledge to get ahead.
Why Spring is Prime Time
According to Forbes, 60 percent of homes are sold during the spring and summer months. The demand during this time is higher for a number of reasons.
First, people who don’t need to move but would like to upgrade or downsize their home don’t want to move during poor weather or risk having snow derail their move. Families with school-aged children will also try to avoid moving while school is in session.
Additionally, there is more movement in the job market during warmer months. New grads need a place to live, experienced workers might relocate to a more senior position as the new class of entry-level workers comes in, and corporate hiring budgets reopen following the end of year push to minimize expenses.
All of these additional buyers mean more homes moving more quickly at frequently higher prices.
How to Take Advantage of the Market
If you’re looking to sell your home, list it as soon as the weather starts warming up. The traditional winter slowdown often leaves housing supply limited into the early spring. CNBC is predicting 2016 to be an especially tight market.
As you may recall from your economics class, prices are highest when demand is high and supply is low. Many sellers will wait until the summer to list their homes for the same reason that buyers try to buy during the summer. Later in the summer, many of these homes will have gone unsold and prices will fall as demand drops off. By getting to the market early, you’ll beat the selling rush and early buyers with fewer choices will be more willing to pay a premium for your home.
One other trick to make sure your home moves when the market is hottest is to offer an incentive to buyers to close quickly. Even something small, such as a new appliance or fresh coat of paint, can give a buyer a psychological push to close now.
In an era where people are increasingly stuck indoors working long hours staring at computer screens before coming home to binge on Netflix, natural beauty is too often ignored.
Owning a home goes beyond just taking care of the interior; your yard is an important factor as well. Luckily, discovering the joy of gardening can help homeowners grow more than just a garden. Homeowners enjoy an enriched life and home environment as well as enhanced curb appeal when the natural beauty of flowers and vegetables are introduced.
Here are a few helpful tips on how to incorporate gardening into your life as a homeowner.
Growing a Vegetable Garden
Growing a vegetable garden is one of the best places to start out when you are a beginner gardener. The health benefits of growing your favorite nutritious vegetables extend beyond the nutrition profiles of the vegetables themselves.
Studies suggest that gardening combats stress more effectively than other relaxing leisure activities. Growing a vegetable garden promotes happiness thanks to improved mental health as you reduce stress levels.
Perhaps even more importantly, gardening keeps you moving. In our sedentary society, incorporating activities that keep you active and exercising can only be a good thing. Gardening is a great activity for individuals who hate the idea of the gym since you are doing something you already love without gardening truly feeling like exercise.
For beginners, some of the easiest vegetables to grow include:
- Lettuce/Salad Greens
With just a bit of research and a positive attitude, you will be growing a garden filled with nutritious vegetables before you know it.
The Benefits of Flowers in Your Garden
Simply think about the smell of fresh flowers, and odds are that your day just got a bit happier. It’s one of the reasons numerous people look forward to spring each year.
Researchers discovered that flowers have a truly immediate impact on happiness. People who received flowers instantly lit up and demonstrated incredible amounts of gratitude, and these results occurred in all age groups. Participants in the study also stated they felt less depressed and anxious after receiving the flowers. In that way, flowers instantly spruce up your home and your garden, making them a beautiful and lasting investment.
Bring the joy of flowers to your garden by picking the flowers that are most pleasing to smell and see in your home. Some of the most popular flowers to consider for your garden are:
- And Many More
Given the incredible benefits that come from growing a garden filled with your favorite vegetables and flowers, now is the perfect time to increase your happiness by making a garden of your
Trumark Homes and Trumark Urban, two divisions of real estate developer and builder Trumark cos., have each hired a financial controller for their respective teams.