Sheila Cohoon Buyer's Guide Summer 2022

Reasons To Buy a Home This Summer

Are you thinking of buying a home this summer? If so, you have a great opportunity in front of you. Here are just a few reasons why this season may be the right time to make your purchase. 1. Homeownership Has Many Perks Homeownership is the American dream – not just because it has tangible financial benefits, but because it also has the power to change lives. Whether your needs have changed, you’re looking for more stability, or you’re ready to enter a new chapter in your life, turn to homeownership. It not only provides a safe space to call your own, but it also helps you build your net worth through home price appreciation and home equity. Not to mention, it gives you a sense of pride and accomplishment that carries through your day-to-day life. 2. More Homes Are Expected To Enter the Market This Summer While the number of homes for sale is still lower than pre-pandemic norms, there is good news for your home search. Data from realtor.com shows the number of homes being listed for sale, known in the industry as new listings, has increased since the start of the year. In addition, 64% of sellers are planning to list their homes by the end of this summer. That should give you more options. If you begin your search now and work with a trusted real estate advisor, you’ll be in a great spot to benefit from those additional choices when your dream home hits the market.

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