Summer is an amazing season, especially when living in a Green Key Village home in Florida where summer is practically year-round. While you’re planning vacations and outdoor adventures, you may also want to consider home shopping. Why? Summer is the best time to buy a home! We know that in the home building industry, real estate markets are constantly changing and responding to larger economic forces but as we enter the summer season, you’ll learn there are a few reasons why buying a new home in the summer is actually ideal. Read on to learn why you’ll want to start shopping for your Green Key Village home now.
4 Reasons Why Buying a New Home in the Summer Is Ideal
1. More Inventory Available
In summer, home listings typically increase giving you tons of options to choose from. We often have many quick move-in homes available allowing you to pick the perfect one for you. It can sometimes also be less competitive as there are usually fewer buyers shopping. This can work in your favor by allowing a more competitive negotiation.
2. Extra Daylight = More Time to Evaluate
Longer days mean more time to search for your special home. You can spend extra time checking out the local amenities and get a sense of the area’s vibe. The extra time will also give you the opportunity to really inspect the features of the home, giving you more confidence when making a selection. Then, once you find one, you’ll have plenty of time to enjoy your new home and its outdoor spaces.
3. For Families: Great Time to Transition the Kids Before School Starts
It’s especially beneficial for families with school-aged children to buy a new home in the summertime.
- It’s easier for children to acclimate to a new neighborhood before school starts
- If you’ll be a lot further from your current home, it’s a great opportunity to research the best schools and districts in your new area
- You’ll have plenty of time to move in and prepare for the holidays of fall and winter
- Your children may be willing to help pack boxes or help with the moving process
4. More Free Time to Meet the New Neighbors
Since during the summer people often have slower schedules and some more free time, many of your new neighbors are likely outside enjoying the warm weather and outdoor activities (or chores), you’ll have the chance to meet a few. This can be the perfect time to get to know them, learn about the area, and potentially make new friends who will make moving in more delightful.
Green Key Village Offers the Best Quick Move-In Homes!
When asking, “When is the best time to buy a home?”, you may also wonder what is the best type of home to buy. While the answer will be different for everyone, a great choice for many is a quick move-in home.
Quick move-in homes are homes that are already under construction. They come with many benefits, but the main one is the ability to move in quicker, hence the name. This is perfect for a variety of reasons, including if you’re on a tight schedule to move, you’re financially ready and don’t want to wait to build a home, or you want to lock in a lower rate and take advantage of incentives.
Green Key Village has various quick move-in homes to choose from to fit your schedule, your budget, and your style. You’ll enjoy the added benefit of having professionals preselect everything for you, so all you have to do is move in. Our team of design experts has chosen the homesite, floor plan, and selections, creating each home with unique luxury features and design elements. In addition to this benefit, they usually have a set price, so you don’t have to worry about unexpected costs. This means you can lock in a mortgage rate sooner, and increase your buying power.
Speaking of rates, refinancing is also an option to consider when buying a new home. As the market changes, you may think it’s safer to wait to purchase until rates are lower. However, this is where refinancing can save you money and from the disadvantages of waiting too long and rates going up. Even if you purchase a home now at a higher rate, you’ll always have the opportunity to refinance when rates are lower, and in the meantime, you’ll get a leg up on building equity. Refinancing also gives you the advantage of changing your loan terms to better suit any changes in finances or as you pay down your loan. For example, some buyers will reduce the term of their loan from a 30-year loan to a 20- or 15-year loan to pay it off in a shorter amount of time and reduce the interest expense. Others may switch from an adjustable rate to a fixed rate if they expect rates will go up and get the fixed rate while they’re lower.
Another great benefit to refinancing is potentially removing the private mortgage insurance required for certain types of loans. Once you’ve paid your home down to where its value is more than a certain percentage of your leftover loan amount, you can remove private mortgage insurance from the loan and have one less thing included in your monthly payments.
Contact Us Today!
Ultimately, Green Key Village’s dedicated team of experts is available to help you find the right home at the right time for you! If you need to make a quick move, consider our available quick move-in homes. We’re here to answer any questions you may have, whether it’s when is the best time to buy a home or anything else. Contact us today!