Spring is the real estate world’s version of Boxing Day sales – people everywhere, deals flying, and properties looking like they’ve had a glow-up. But does that mean it’s the best time to buy? Let’s dive into it with some facts, especially for you first-home buyers and savvy property investors out there.
More Properties on the Market – Yay, Options!
Spring means more properties! Like, a lot more. CoreLogic tells us that listings surge by a whopping 20-30% during Spring compared to winter. So, if you’ve been trawling the internet in the colder months with nothing exciting popping up – this is your moment.
For first-home buyers, this is golden. More properties = less competition. Plus, if you’ve got that all-important pre-approval sorted (we’ll chat about that in a sec), you can strut through inspections like the boss you are, with less pressure and more time to make a solid choice.
Hello, Gorgeous Gardens! But Stay Smart
Spring properties often look like they’ve been plucked straight out of a Pinterest board – think blossoming gardens, warm light flooding through windows, and outdoor areas screaming, “Come have a BBQ!” It’s definitely a vibe.
But don’t let the Spring glow fool you into rushing. Sure, the flowers are blooming now, but what’s that place like when winter hits? Check the heating, insulation, and all the less-glam stuff so you know it’s not just a pretty face during Spring.
Beat the Christmas Rush – Get in Quick!
Want to celebrate Christmas in your brand-new home? Spring’s the perfect time to jump on it. Start now, and you’ve got enough time to secure a property, sort the paperwork, and move in before you’re knee-deep in tinsel and Christmas ham.
For first-home buyers, there’s nothing like wrapping up the year in a place you own. Picture it: your first Christmas lunch in your home. Magic!
Investors, Listen Up!
Spring isn’t just a goldmine for first-home buyers – investors, this is your time too! More listings mean you can negotiate better deals, especially in quieter spots. If you find a property with an impressive outdoor space, it’s sure to attract renters and might even boost your returns.
But (and it’s a big but), don’t get swept up in the excitement. Spring demand can hike up prices, so do your homework. Check rental yields, research the market, and keep an eye on upcoming infrastructure – that’s the stuff that’ll make or break a smart investment.
First-Home Buyers: Get Pre-Approval Early (Like, Yesterday)
First-home buyers, if Spring has you itching to buy, you’ve got to get your finances in order pronto. Pre-approval is your golden ticket – it shows sellers you’re serious, ready to roll, and helps you avoid falling head over heels for a place you can’t actually afford.
If you’re aiming for a Christmas move, get cracking now. Pre-approval can take a hot minute, so get in touch with a mortgage broker early to keep things moving smoothly.
Need Pre-Approval? Let’s Chat!
Thinking about buying this Spring? Don’t wait until all the good ones are snapped up! Contact us today, and let’s get that pre-approval sorted so you can start house-hunting with confidence.