Is it a good time to buy or sell a house in the Summer? - 14 News, WFIE, Evansville, Henderson, Owensboro

Is it a good time to buy or sell a house in the Summer?

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(WFIE) -

Summer brings out the sunshine and the real estate signs, but what sort of summer will it be for home sellers?

The condo market in San Diego has dropped a bit, but Real Estate Agent Angela Hamann says there is still a strong demand for certain properties.

"Markets that people had written off have come back like gang busters," says Realtor Lislie Kilpatrick.

The president of the Greater San Diego Association of Realtors says the home flippers are gone but investors are still buying - and then there's also the appeal of financing.

"They're historically low," says Lislie.

Getting one of those homes can be frustrating, especially if you're a first time buyer on a budget.

"The first time buyer has challenges right now, so they have to be extremely patient," says Lislie. "They have to do their homework, they have to be completely, 100% pre-qualified, pre-approved, ready to go, because they do have competition."

First time buyers are generally looking at prices between $300,000 and $500,000, but not everyone is willing to put their homes on the market.

Still, sunny weather brings out buyers, and June and July are usually the busiest months of the year.

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