Do you view yourself as a savvy shopper? Do you tend to start conversations by asking, “guess how much I paid for this?” Is your pantry and freezer full of good deals? Do you buy clothes, holiday decorations, and outdoor furniture during the offseason?
We all love getting good deals. Just like there are ideal times for getting price reductions on seasonal items, there are also perfect times to make an offer on a house. The tricky part is that ideal time differs from city to city.
You may know when it is the best time to purchase electronics or towels, but do you know anything about the real estate market in Seattle?
When you are in search of a new home, you need to think like a savvy shopper, and a savvy shopper will use every resource available to get a good deal. That’s why when you plan to buy a house in Seattle, you need to find an expert to help you navigate through the fluctuating real estate market.
Because when it comes to buying a house, timing is everything.
When is the best time to purchase a house in Seattle? Read on to discover what the stats say regarding this issue. You will also learn how to find an expert in the Seattle housing market to help you with this decision.
The Best Time of Year to Buy in Seattle
Even though Seattle residents enjoy relatively mild winters, like the rest of the country, most of the houses go up for sale in April, June, and July. During this time, there are plenty of homes on the market, but since it is a popular time to buy a house, there is plenty of competition among buyers.
The best time to buy a home is when there are houses to choose from, but there aren’t many buyers who will drive up the prices on the homes.
When is the magical time for home buyers in Seattle? Buyers tend to receive the most discounts on real estate during July, August, and September. Homeowners who are late to get their homes on the market may feel rushed to get their homes sold before the next school year begins. You can capitalize on this panic and may be able to enjoy a discount on the property. And we know how much you love a good deal!
So if you have some flexibility in your schedule, and you don’t mind moving during the hottest part of the summer, you will probably be able to get a great deal on the house of your dreams in July, August or September. It’s Seattle. How hot does it get anyway?
The Best Places to Buy a Home in Seattle
You know you want to move to Seattle, but you aren’t sure which neighborhood or suburb would be the best place for you to live. Here are five popular areas of Seattle. It is also a good idea to spend some time in the city before you make such an important decision. If you don’t have the luxury of time, ask a local real estate agent for advice.
Even though Overlake is considered a neighborhood in Redmond, it is close enough to Seattle to make it on this list. This safe neighborhood has excellent public schools. Most of the residents own their own homes, and there are a lot of employers in the area.
This suburban spot has a highly educated population. Over 30% of the inhabitants have a Master’s Degree or higher. The homes tend to be on large-sized lots, and people are happy with the public schools.
This neighborhood near Redmond has many restaurants, coffee bars, and parks. It is often listed as one of the best places to live in the State of Washington. Most people in Sammamish Valley rent their homes.
One of the perks of living in the North Redmond area is the highly rated public schools. This neighborhood has over 3,500 residents, and 96% of its residents own their own homes. It is in King County.
If suburban life is not for you, and you prefer to live where the action is, you may want to check out the Westlake neighborhood of Seattle. There are plenty of entertainment and dining options in this neighborhood, and most of the inhabitants rent their homes.
4 Ways to Get a Great Deal On a Home in Seattle
1. Find a Great Seattle Real Estate Agent: You may be an expert in many things, but chances are you don’t know much about the real estate market in Seattle. Find someone who does know the area and will work for you as your buyer’s agent. Find someone with premier negotiation skills who will look out for your best interests.
2. Assess Your Needs and Lay Out Your Goals: Your buyer’s agent will assess your needs and ask you the right questions to help you narrow down where you would like to live in the Seattle area. He or she may suggest certain areas based on your financial situation.
Do you want to live close to downtown? Do you want to live in a place with excellent public schools? Do you want to live in a quiet community that is away from the hubbub of the city? Your buyer’s agent will help you find the perfect location.
3. Find a Lender and Secure Financing: Your agent can help you evaluate your current financial situation and help you find a financing option that works for you. If you are in a hurry to get into your new home in the Seattle area, reach out to a buyer’s agent. The closing process typically takes 30 days or longer.
Your buyer’s agent may also be able to help determine if you are eligible for a home buyer rebate.
4. Negotiate for the Best Possible Price: Once you’ve chosen your dream property, your agent will help you make and submit an offer. They will then negotiate with the owner again following the home inspection to ensure you’re getting the best deal possible.
Are you ready to take the first step to move to Seattle? Fill out this online form and a Clever representative will be in touch to answer any questions you may have and connect you with a local Partner Agent for a no-obligation consultation.
The west coast is waiting for you! Take that first step and find an expert in the industry to help you with your purchase.