School effects in housing market

By
Real Estate Agent with Specialized Real Estate Services

Has anyone noticed if certain times of the year spark buyers and sellers?  Does it seem that school has anything to do with the housing market?  When summer begins, do the buyers come out of the closet?  I have heard that many buyers wait until thier children get out of school to look for a home.  I have to say that although it may make some sense, I don't find it to be true.  I guess for families that have children in summer school, buying a house is tough.  I hope that you all had a great summer.  Let's just hope that the Hurricane season is a very quiet and slow one.  After the past few years of bad weather all over the place, we can use a break.

Comments (6)

Tracy Santrock
Fonville Morisey/Santrock Realty Group, Inc. - Cary, NC
Raleigh - Cary Realtor/Broker In Charge

Wow! I used to live in NO and it must be different now after the "aftermath".  I here its a great opportunity to bring people back.  Good luck and nice post.

Aug 05, 2008 04:05 PM
Maria Holland
RE/Max Homes & Estates, ABR,GRI, CDPE, SFR - Nashville, TN
Realtor, ABR, GRI, CDPE, SFR

Why do you think the summer months are the months that people move. They wait until the busy school year ends and move before another  busy school year begins.  Beautiful weather spurs buyers on in the Spring.  Spring is just a time of renewal, and I believe that it encourages people's brain to make the decision.

Aug 05, 2008 04:06 PM
Dave Woodson
Dave Woodson - Chesterton, IN
Not the Average Agent

I know bad schools affect it.  I don't know of anyone moving into my area for the school system

Dave

Aug 05, 2008 04:06 PM
LS Rogers Realty
LS Rogers Realty - Richardson, TX

I've known it to be true in my area. The moment school's out, business increases. Once the school year begins again, I'm back to normal.  Families generally don't like transferring their children in the middle of the school year.

Aug 05, 2008 04:38 PM
Mara Hawks
First Realty Auburn - Auburn, AL
Inactive-2012 REALTOR - Homes for Sale Auburn Real Estate, AL

I live ina University town, and that schedule definite affects the market activity here. April - June is huge for condo sales.

Aug 05, 2008 04:53 PM
Frank Rubi
Frank Rubi Real Estate, LLC - Metairie, LA
FrankRubiRealEstate.com

Susanna, I would have to agree if the point. I think just as spring arrives the activity begins. The parents want the kids to ready to start in the new school etc...

Aug 06, 2008 01:10 AM