Time to Buy a New Home in Loveland, CO (Home Builder Silo)

There are many new homes for sale in Loveland and around Fort Collins, which can make determining the best time to buy your dream home a confusing decision for many new homeowners. Whether your family is going through a change and needs a new house size, or just has an itch torelocate, the best time to buy is essentially dependent on individual needs and preferences.

With that in mind, below is a list of pros and cons for homebuyers trying to determine when they should make their next big move.

Spring/Summer: Spring is definitely the busiest time for real estate. There are many benefits to moving during this bustling time, however there are also other factors to consider.

• Pros:
  • After being cooped up all winter, spring often feels like a perfect time to get out and explore the exciting territory of new real estate endeavors – and a fitting time for a fresh start in a beautiful new home.
  • For families with children, moving in the spring and summer months allows time to get acclimated to the new neighborhood before the school year begins.
  • Address changes sync nicely with new school calendars during this time of year.
  • Warmer weather makes it more fun to be out and about looking for new homes (and makes the moving process more bearable, too).
• Cons:
  • When building a new home in the spring or summer, rain can be one of the biggest downfalls. Builders can continue to work in the snow, however rain puts the process at a standstill.
  • While a large majority of buyers are out looking in the spring and summer months, that doesn’t necessarily mean that everyone is a serious prospective homebuyer. The market tends to be cluttered with buyers that are just “looking around” this time of year, making the process of finding qualified purchasers for your currenthome more challenging.

Fall/Winter: These seasons are often overlooked times as “prime months” for real estate, however there are several verified benefits to targeting this time frame.

• Pros:
  • People buying in the fall and winter months are purchasing with a purpose. There is likely a specific reason as to why they’re in the market, and they’re dedicated to finding a new home relatively soon.
  • There is a common misconception that you can’t build in the winter because of the snow – however, that’s not necessarily true. With the exception of pouring driveway concrete (which can be held off until the last stage of the homebuilding process), construction can progress on new homes through the winter months.
• Cons:
  • There is less inventory on the market during the winter, which can lead to more competition (and potential bid wars) between buyers.
  • Making a big transition – and investment – can be unappealing to some during the craziness of the holiday season. Many people just want to ride the winter out and begin the home buying/homebuilding process once the chaos has calmed.

At the end of the day, deciding whether to buy a home in the winter or summer months is a personal preference. If you’re interested in moving to a beautiful new home in Loveland this year, contact us today to schedule your tour of the lakeside luxuries offered at The Lakes at Centerra.