Many buyers step back in summer, but that's when opportunity knocks.
For those who tried to buy a home this season, I understand that the spring market was rough. Maybe you toured a dozen homes or made five offers, only to be outbid by cash buyers or waivers you couldn’t compete with. Now, you might be feeling exhausted and ready to give up.
Every year around this time, many buyers throw in the towel and trade open houses for beach chairs. After a hectic spring, it’s a tempting option.
But here’s the twist: this is exactly when opportunity quietly emerges. Here are a few reasons why:
Summer market trends. July and August typically bring fewer active buyers, leading to less competition and fewer bidding wars. Sellers still on the market often need to sell, whether due to job relocations, timing school enrollments, downsizing, or upsizing before fall.
Negotiation opportunities. This creates room for negotiation, something that may have been difficult just a few months ago.
Market dynamics. While the market doesn’t completely stop in the summer, it slows down enough to feel less chaotic. This gives you the chance to make clear, informed decisions without the stress of competing offers.
So, while others are lounging with a glass of rosé and promising to restart their search in September, you could already be moving in and spending weekends relaxing instead of rushing to open houses.
Buyer fatigue is real, but so is buyer regret. It’s what happens when you miss the one window where things could have finally worked in your favor.
Don’t miss your moment. Stay in the game, but do it smarter this time.
If you need a summer game plan, let’s talk strategy before the market gets crowded again. Contact me at (203) 722-5445 or [email protected]. I’m here to help you make the most of this quieter season.