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    The Pros and Cons of Buying a Home in June

    Buying a home is a significant milestone filled with excitement and anticipation. The timing of this important purchase...

    • Josh Dawson
    • June 17th, 2024
    • 5 min read

    Buying a home is a significant milestone filled with excitement and anticipation. The timing of this important purchase can impact various aspects of the process, from the availability of homes to the price you might pay. June is a popular month for homebuyers, but it comes with its own set of advantages and drawbacks. Let's delve into the pros and cons of buying a home in June to help you decide if now is the right time for you.

    The Pros of Buying a Home in June

    1. Increased Inventory

    June is part of the traditional spring and early summer home-buying season, which means more homes are listed for sale during this time. Sellers often aim to move in the summer to coincide with the end of the school year, resulting in a broader selection of homes. This increased inventory gives buyers more options to find a home that meets their specific needs and preferences.

    2. Better Weather for House Hunting

    The pleasant weather in June makes it an ideal time for house hunting. You can explore neighborhoods, attend open houses, and inspect properties without the challenges posed by winter snow or spring rain. Good weather also allows you to better assess the condition of the exterior of the home, the landscaping, and the overall curb appeal.

    3. Longer Days

    June offers the advantage of longer daylight hours, giving you more time after work to visit properties. This can be particularly beneficial if you have a busy schedule, as it allows you to fit in more house viewings in a single day without feeling rushed.

    4. Competitive Mortgage Rates

    Historically, mortgage rates have been favorable in June. While rates fluctuate based on the broader economic climate, June often sees competitive rates as lenders aim to attract the surge of buyers in the market. Locking in a lower interest rate can save you a significant amount of money over the life of your loan.

    5. School Year Transition

    For households with children, moving in June means settling into a new home before the next school year begins. This transition period can ease the stress of moving, giving kids time to adjust to their new surroundings and making it easier to enroll them in their new schools.

    6. Seasonal Promotions

    Many moving companies and home improvement stores offer promotions and discounts in June to attract the influx of buyers and movers. Taking advantage of these deals can help reduce the overall cost of moving and setting up your new home.

    The Cons of Buying a Home in June

    1. Higher Competition

    The increased number of buyers in June means more competition for desirable properties. This heightened demand can lead to bidding wars, driving up the price of homes. Buyers may need to act quickly and be prepared to offer above the asking price to secure their desired home.

    2. Potential for Overpricing

    With so many buyers in the market, some sellers may take advantage of the demand and list their homes at higher prices. This potential overpricing means you might pay a premium compared to other times of the year. It's essential to work with a knowledgeable real estate agent who can help you identify fair market values and negotiate effectively.

    3. Faster Market Pace

    The fast pace of the June market can be overwhelming for some buyers. Homes may receive multiple offers within days of listing, leaving little time for thorough decision-making. This urgency can lead to rushed choices and potential regrets if you don't take the time to consider all factors.

    4. Moving Logistics

    While June is a popular moving month, it also means that moving companies are in high demand. Booking a reliable mover may require advance planning, and prices for moving services might be higher due to the increased demand. Additionally, you may face challenges in scheduling convenient moving dates.

    5. Limited Room for Negotiation

    Sellers in a hot June market often receive multiple offers, which can limit your ability to negotiate on price and terms. In a competitive environment, sellers are less likely to make concessions, and you might have to waive certain contingencies to make your offer more attractive.

     

    Tips for Buying a Home in June

    If you decide that June is the right time for you to buy a home, here are some tips to navigate the competitive market:

    • Get Pre-Approved: Obtain mortgage pre-approval before you start house hunting. This shows sellers that you are a serious buyer and gives you a clear budget.
    • Work with an Experienced Agent: Partner with a real estate agent who has extensive knowledge of the local market. They can help you identify good deals, navigate bidding wars, and help you find off-market homes. 
    • Be Prepared to Act Quickly: Homes in June can sell fast. Be ready to make swift decisions, but ensure you've done your research and are comfortable with your choice.
    • Prioritize Your Must-Haves: Know your non-negotiables versus what you can compromise on. This clarity will help you make faster decisions without second-guessing.
    • Have a Competitive Offer Strategy: Be prepared to offer a competitive price, and consider other incentives such as flexible closing dates or a larger earnest money deposit to make your offer stand out.

    In conclusion...

    Buying a home in June has its unique set of pros and cons. The increased inventory and favorable weather make it an attractive time for many buyers, but the heightened competition and potential for higher prices require careful consideration. By understanding these dynamics and preparing accordingly, you can navigate the June housing market successfully and find the home that best suits your needs.

    Remember, the key to a successful home purchase is thorough preparation and the support of an experienced real estate professional. Happy house hunting!

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    About the author

    Josh Dawson

    614.706.6288
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    Buying or selling real estate is more than a transaction—it’s a major life decision. You deserve a guide who brings not just experience, but clarity, strategy, and trust to the table. That’s where I come in. I was born and raised in Fostoria, Ohio—a blue-collar factory town where your word meant everything and people treated each other with respect. I come from a family of military veterans, tradesmen, and kind-hearted Midwesterners who taught me to do good, be good, and work hard. I carried those values with me to Ohio Wesleyan University, where I played football and graduated with the same commitment to perseverance and teamwork I bring to every client relationship today. My real estate career began not in Central Ohio, but as part of a Wall Street Journal Top 100 Team in Boston—one of the fastest-moving, most competitive markets in the country. Before real estate, I served in senior political roles, including State Director for the Massachusetts State Treasurer and Legislative Director in the State Senate. I even ran for State Representative and earned an endorsement from The Boston Globe—because I’ve always been driven to serve people, solve complex problems, and lead with integrity. Today, I bring those same values into my work as a real estate professional and former managing broker. I’ve led agents, negotiated complicated transactions, and taught hundreds of professionals how to master real estate contracts. I don’t just understand the fine print—I’ve taught from it. That insight often helps me make small but strategic contract adjustments that protect my clients or save them tens of thousands of dollars. I currently serve on the Columbus Realtors Broker Advisory Committee and am the Past-President of the Greater Dublin Realty Association, where I continue to advocate for professionalism, education, and client-first service across our industry. Clients know me for my steady communication and proactive approach. I hold weekly check-ins to ensure no one ever wonders, “What’s happening?” or “What’s next?” Whether I’m guiding a family through an emotional sale or helping a first-time buyer make a strong start, I act with clarity, empathy, and your long-term goals in mind. When I’m not working, you’ll often find me coaching my daughter’s softball team, spending time with my family, or fishing and boating in Port Clinton, where my parents now live. I live in Dublin with my amazing wife and our two beautiful daughters—and I consider it an honor to serve families across Central Ohio with focus, care, and professionalism. If you're ready to move forward with purpose, I’m here to help you do it wisely.

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