Moving in 2024: Summer trends, tips for navigating the housing market

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More than half of U.S. relocations occur in summer, driven by favorable conditions and school schedules, with Texas being the most popular destination.

More than half of U.S. relocations happen in summer, driven by dry weather and school schedules, with Texas being the most popular destination.Why do so many people move when it's hot outside? We spoke with the travel experts to find out.

Summer is peak selling season for homeowners and kids are out of school, which gives parents more flexibility in their schedules to move. Also, the weather is usually better during the summer, leaving fewer chances for delays.U-Haul crunched the numbers, and a lot of people want to find out if everything really is bigger in Texas, because more one-way moves arrive in Texas than any other state. More than half of all major moves end in the Lone Star state.

With decades of experience on the Houston housing scene, Bernstein says right now, the competition is fierce.Most buyers don’t have that kind of cash so here are Bernstein’s top three tips to complete with cash offers.Make an offer, with no contingencies on the home appraisal“It competes somewhat with cash. It still doesn’t look on the front page of that contract as ‘all cash,’ it still shows financing, but at least it’s as close to it as you can get,” she said.

“Mortgage rates in 2024 are higher than mortgage rates in 2023. That’s a fact.” Bernstein said. “But, in my opinion, they’re still reasonable.” Dalila V. Pulido is a realtor with Realty Associates and she said mortgage rates, or the price of a home has not stopped people from exploring the housing market.

“When you purchase a home, you have your pride of ownership, equity buildup, and you have your tax incentives,” she said.

 

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