Cleveland Real Estate - Fall Is A Great Time To Buy
Just like many industries, there are times of the year that are typically busy and times when things are a little slow. While the fall is not perceived by outsiders as a busy time, the Cleveland real estate market can actually be the busiest time of the year with plenty of opportunities for buyers.
While it is true that many buyers, especially those with children, are active in the market during the spring and summer, there are a lot of buyers that prefer to shop in the fall. Many buyers simply don't want to spend the nicest months of the year looking for a home and wait until fall to begin their search. Some buyers also feel that better deals can be made in the fall. Their thinking is that many homes have been on the market since spring and that sellers may be motivated to sell now rather than keep their home on the market during another tough Cleveland winter.
There are indeed great deals to be had for a buyer. In addition, there is significant new inventory to choose from. Many sellers actually wait until the fall to put their home on the market. Some sellers feel that their home will actually show better in the fall as the changing of the seasons can really make a property stand out.
This fall may even see more activity than past years for several reasons. The first time buyer tax credit will expire on November 30th, 2009 and should motivate buyers to take advantage of the $8000 credit before it's too late. Also, there are signs that the economy is finally turning around. The recession is deemed all but over by experts, and interest rates remain near historic lows. Many of the buyers that have been waiting on the sidelines for the market to stabilize may now feel much more comfortable moving forward with buying a home.
If you are looking to buy a home, fall is historically a very busy time in the Cleveland real estate market. Considering that so many factors are in your favor right now, this fall may prove to be the right time to make your dreams come true.
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About The Authors:
This information is provided compliments of Amy and Dan Schuman, The Schuman Team Keller Williams Realty. The Schumans have worked with numerous professional athletes, business owners, and those relocating to Cleveland from out of the area.
If you would like more information on Cleveland real estate or are considering buying a home in Cleveland or surrounding suburbs,please contact the Schuman Team at 216-346-3235.
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Cleveland Real Estate- Fall Is A Great Time To Buy is the property of The Schuman Team and may not be duplicated or used without their written consent. ©Sept 2009
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