Seasonal Market Variation

Seasonal Market Variation

If you're considering purchasing in the next couple of months or over the wintertime you should be aware of seasonal market variation in this area.  The majority of homes in Northern Colorado sell between March and August and the market slows down significantly from September through February.  This means that as a buyer you can get a really good deal at this time.  Here are some reasons for seasonal market variation:

Holiday Season:
Coming into October it's holiday after holiday after holiday through New Years.  This means a lot of additional expenses, time off work and scheduling conflicts.  Many people try to stay away from purchasing during this time.  January and February tend to also be slow because people are recovering financially from the holiday season.
 

Tax Season:
When people start to get their tax returns back…the market starts to pick up.  People often use tax refunds to supplement their down payments.  

 Spring Showings:
People list and tour homes more in the Springtime because showings are easier and homes tend to show better.  The grass is green, the flowers are blooming and the temperature is more comfortable.  Additionally, for mountain properties showings can be difficult in the winter and moving can be impossible. 

School Year:
Often, people with children don’t like to move them during the school year, especially if it involves actually moving from one school to another.  

As a buyer, you’ll see reduced inventory…but you’ll also see reduced competition.  Often sellers are motivated if they’re listing in the middle of the holidays.  If you want to avoid the multiple offer rat race that is Spring and Summer time buying, try the winter months and take advantage of seasonal market variation.


Sarah Rowan Headshot
Author:
Phone: 970-397-5774
Dated: September 17th 2014
Views: 340
About Sarah: Sarah was a licensed real estate agent for 10 years before transitioning into the mortgage industry ...

Property Search









RSS Feed

View our latest blog posts in your RSS reader. Click here to access. RSS

Search Blog

Recent Blogs

The Cost Of Waiting Excerpt From An Email - I was thinking about writing a
The Trend Is Not Your Friend - The Trend Is Not Your Friend - For
FHA Mortgage Limit Increases 2017 - FHA limit increases coming in!&
Interest Rates At Unanticipated Lows TAKE ADVANTAGE - Interest rates are at 7 month!!

Our Bloggers

Saved Properties

This is a list of your favorite properties. We will email you if a property is reduced or leaves the market.

Click 'Save' to add a property to this list.

Register / Login

New & returning visitors please enter your information to login.

By clicking 'register' you are agreeing to our terms of use & giving us expressed written consent to contact you.

Questions? Comments? Complaints?

This message will go directly to the head of our team.

Location & Address

LoanSimple
9635 Maroon Circle, #100, Englewood, CO 80112
Fort Collins, CO
970-237-6796
877-887-2118