August is traditionally a time for lazing around, during the hottest part of the year. September is another story. Once kids and teachers go back to school, and the weather changes, people start doing what they put off while the weather was warm. One activity that reactivates is house hunting. Regular schedules lead to more predictable weekends, and that leads to open houses. Buyers often want to conclude sales during the calendar year, for tax reasons or just because the end of the year makes a good deadline for getting it done.
This is especially true in our region, where universities are so dominant, with long summer breaks when many leave town. In addition, we have great private schools in the region, meaning that families can move without changing schools. Sellers are also more motivated, and there are some great transactions for buyers willing to move quickly, and close before heating season starts.
If you have hopes of beginning 2020 in a new home, this is the time to get serious, as a seller or as a buyer. Activity will see a bump beginning next week, and a shorter season much like the spring market will commence. Don't delay!
