If you’re thinking about moving, now is the time to do it.
The inventory is going up as the weather is getting better,” says Julie Dawson Williams, at ERA Dawson Bradford in Bangor. “People feel a little more positive about what is going on in the marketplace, consumer confidence is up because unemployment is down in Maine, so April and May is the time of year that we see more under contract than any other time of the year.”
Dawson Williams says her agency sees this spike in home sales each spring.
“In March our company saw 50 properties go under contract. We’re expecting to see 70 go under contract in April.”
The Fairmount neighborhood already has a few houses on the market.
“Showings have been great,” says Meri Wicks, whose aunt is trying to sell her home. “We’ve actually had three showings in this past week alone after a short dry spell over the winter. But with April being such a big selling month, we’re hoping something really good will come out of April.”
The warmer weather typically attracts potential home-owners.
“The winter was so cold, especially this year, and with the warmer weather everybody is walking more and looking out for houses on the market.”
So, what should sellers do to prepare for this busy time?
“You need to make sure that everything’s okay, that nothing is falling from the ceiling and make sure everything is perfectly clean when people come in because people don’t want to see a messy house when people are showing.”
Home features like hardwood floors and spacious rooms will draw buyers, but they should also be considered in the price.
“Pricing it right means taking a good look at what people have been paying for houses and what your competition is,” says realtor Philip Cromier. “So, if houses are more expensive than yours, you might be leaving more money on the table, whereas if you price it slightly higher than the others, the others will sell first before yours.”
If your house doesn’t sell this spring, trends show that a second wave of homes sell well in August and September.
“The important thing is to get it on the market now so that this increase in buyer activity can be taken advantage of by the sellers,” Dawson Williams advises.