Why Summer Is the Best Season for Moving

March 3, 2023
Why Summer Is the Best Season for Moving

Summer is a season of relaxation and fun. Families also spend more time outside enjoying the warm weather or going to the beach for a much-needed break. But according to new statistics from U.S. Census Bureau, a high number of families currently prefer moving during summer. As it turns out, the three months between Memorial Day and Labor Day are a common time to relocate for several reasons.

Although moving in the heat of summer might sound like a terrible alternative to taking a beach holiday, it’s actually a good option for many movers. Here are the top reasons why so many people want to plan their move over the summer.

Real Estate Inventory Peaks

Summer is a big season for most real estate agents since both inventory and sales peak dramatically. The inventory of houses accessible in July is about 25 percent higher than in December. This dynamic is particularly true in cities with warmer climates, like Orlando or San Diego.

With more inventory available, people who move over the summer will have more options to choose from if they’re looking to buy a house. Because summer is a common time to move, anyone looking to sell their home will also be able to find buyers more easily in the summer than at other times of the year. The busier real estate market is a huge advantage of moving in the summertime if you are trying to purchase or sell a house.

Also Read: Questions to Ask Before Buying a Starter Home

School and Work Schedules Make Moving Easier

Most students enjoy a long summer break from classes. This means families of school-age children will expect to travel over their break to avoid affecting their school year. Parents who plan a summer transfer eliminate the fear of their kids missing school due to the moving process. As a bonus, kids on summer break can use their spare time to help their parents prepare and get stuff ready for the move.

Why Summer Is the Best Season for Moving

Also Read: How To Prepare For A Residential Moving

A summertime change also makes sense for working individuals, too. Many employers are more accommodating with time-off demands over the summer. Some businesses also have shortened working hours during the summer months. These workplace practices can be a big help to workers who are planning a transfer.

Best Weather for Transportation

Traveling during the summer means warmer temperatures, which can result in a hot and sweaty packing phase. However, the sunny summer weather reduces many of the dangerous road conditions that can arise during fall and winter. In certain places, the cold weather months will bring high winds, heavy rain, snowstorms, and icy highways, all of which can slow the moving process and trigger transit problems.

Daylight Savings Time (in most states) means longer days during the summer. Anyone who’s going through the moving process would surely enjoy getting a few extra hours of daylight to get things done!

The good weather, open schedules, and busy real estate season make summer the ideal time to travel and move. If you’re contemplating a summer move, it’s best to reserve your preferred moving dates as soon as possible—this is a busy time of year for moving companies!

Schedule your free in-home estimate today to get started

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Hidden Expenses When Purchasing A Home

March 3, 2023
Hidden Expenses When Purchasing A Home

The process of looking for and buying a new home can be both exciting and nerve-racking. If this is your first time purchasing a home, those emotions may be amplified. You’ll want to make sure you have everything you need so that you can deal with any situation that may arise. This is why you should be aware that the list price of the home you’ve chosen is not the total amount you’ll pay. There are a few hidden costs to be aware of before signing the paperwork. Knowing those costs ahead of time will make it easier to be excited on closing day.

Here are a few things to keep in mind:

Repairs and maintenance

One of the most significant advantages of living in a rental property is that if something breaks or malfunctions, you simply contact your landlord. They will also handle landscaping tasks such as snow removal and lawn cleanup. When purchasing a new home, it is always a good idea to have a home inspection performed. You’ll have a better idea of what you’re getting yourself into this way. You may also want to set aside money for maintenance and repairs, which are unavoidable when you own your own home.

Increased Utility Bills

Every house is unique. The cost of utilities varies depending on the size of the home, its location, and the types of utilities it requires. The average home spends about $111 per month on electricity. When compared to a two-bedroom apartment that costs $30 to $50 per month, this can quickly add up. It goes without saying that the larger your living space, the higher your energy bills will be. When you’re in the process of buying a new home, it’s easy to overlook this detail. But don’t let that stop you from being excited. Simply take this into account when calculating your overall budget.

Closing Fees

Most of us have heard of closing costs, but what exactly are they? These fees can include a variety of items and vary from home to home. Closing costs, for the most part, refer to lender fees, a down payment on home insurance, miscellaneous taxes, and title insurance. These are the most common causes of closing costs, but they may vary depending on your specific situation. In general, closing costs will range between 2% and 5% of the home’s value.

Hidden Expenses When Purchasing A Home

Mortgage Loan Interest

Mortgage companies will not lend you money unless they take their own safety precautions. They will charge you interest in order to reduce their risk in trusting you to pay your mortgage accurately and on time. This is an additional expense that will be added to your monthly payments. Mortgage interest rates vary depending on your credit, but on a 30-year fixed-rate mortgage, you can expect to pay anywhere from 3% to 8%.

Also Read: Rental: Tips for First-Time Landlords

Property Taxation

Though it varies by state, the average American will pay more than $2,000 in property taxes per year. However, in some states, such as New York, you will pay even more, which is close to $7,000 per year on average. This is definitely something you’ll want to think about when looking to buy your new home, and it’s often overlooked when you’re a first-time homebuyer.

Property taxes are typically included in your monthly mortgage payment, making them easier to manage. However, in addition to other lumped-in fees, property taxes will increase your monthly payment and may increase year over year. This is important to keep in mind when deciding how much money to spend on the list price.

Buying a new home necessitates time and research. You’ll want to make certain that you’re making the right decision when purchasing the home of your dreams. WowMover will be there to help with your moving stress when you finally put in that home offer, even if the decision is yours and yours alone.

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