What the Spring Real Estate Frenzy Means for Buyers and Sellers

The fresh air and long days create a vibrant real estate environment.

March 20th officially kicked off the first day of spring and realtors around the U.S. are gearing up for the buying and selling frenzy. The weather is finally starting to warm-up and sellers are preparing to list their homes on the market and begin the search for their dream property.

ESTATENVY caught up with Marie Rosner, a realtor at Douglas Elliman, and she shared what the spring real estate frenzy means for buyers and sellers in the coming months. No matter what nook and corner of the country you call home, the real estate market is affected by the seaons– hence the “spring real estate frenzy.” In spring, days become longer, air temperatures get warmer and people feel rejuvenated to get their house cleaned up and in order. Whether it be sprucing up their current residence to place it on the market, or searching for a new home to get their children settled before the next school calendar begins.

“People are excited to get back outside to attend open houses and explore residential properties. It’s a great time for a potential buyer or a seller to start their real estate journey,” said Rosner. “Spring is also a buying and selling season because families want to move once school is out for the summer. It allows families to have ample time to move and get readjusted before fall.”

You only have one chance to make a first impression, and first impressions can make or break your chance of selling a home. Bumping up your curb appeal is very important as you enter into the spring selling cycle. Curb appeal is that undefinable something that draws you to a home at first glance whether it be online or in person. It is a combination of visual charm, fresh paint, refreshed landscaping and spring plantings.

“Sellers, make sure your home is decluttered. It should appear open and spacioustake this spring cleaning seriously! Color choices, whether on the exterior or interior of the home, can sway a buyer's purchase decision. Make the environment neutral throughout your home whether that be furniture, bedding or paint colors. Color can really detract potential buyers and leave a negative reaction. I encourage all my clients to select color pallets such as whites, greys or blues. The contemporary style is in right now and people are looking to minimize their homes. When refreshing your home think minimal furniture, simplicity, and cleanliness," stated Rosner.

Buyers are more particular than ever before and place great importance on the value of curb appeal on the exterior and simple, decluttered living on the inside. Potential buyers want to be able to move into a property without making major changes or home modifications since they live busy lives and don’t have time to invest in home improvement projects.

“It’s an exciting time to be a realtor. There are going to be a number of great properties popping up this spring throughout the country as the frenzy has just begun. My one piece of advice to all potential buyers and sellers is to work with a trusted realtor who can successfully define your needs and specializes in your area,” said Rosner.

Whether you’re embarking on buying your first home or you’re a seasoned veteran, having the right real estate agent is crucial to a successful process. The spring real estate frenzy has only just begunstart exploring your local market and find the right realtor for you.