The door of opportunity is wide open for home buyers and sellers this summer. Interest rates have continued to remain low and according to many economists, it's probable that rates will drop even further for short-term and adjustable-rate mortgages. While rates probably will not drop much (if at all) for long-term loans, they're still lower than they've ever been in the last 30 years, with the exception of rates in 1998. Because of this, the prediction is that summer home sales will be stronger than ever.

True, the economy is slowing somewhat, but low rates are doing their part to keep things moving at a healthy rate, and it seems that there is still a sense of security among consumers-expecially in the housing market.

February and March are typically the two most productive months for real estate. However, summer sales are always constant, and this year, with continued low interest rates, it's pretty certain that this summer will be comparably better than years past. Summer is generally a popular time for home owners to buy and sell because those with families can make the move without disturbing school schedules. It's for this very reason that the month of June experiences such a large amount of property transfers, allowing new owners to settle in well before the upcoming school year.

Real estate agents will often encourage their clients to speed up the listing of their homes in order to sell them during the summer. That's because summer is one of the best times of the year to showcase a home. The staging of a home is incredibly important to its sale, and during the summer season, flowers are in bloom, yards are nicely manicured and trees are full of leaves. It's been proven time and again how much impact these seasonal factors can have on a potential buyer as they survey a home.

Just to remind you home owners who are planning on selling their home during the summer; it's very important to keep the yard in as pristine shape as possible. A tidy, well-presented yard adds value to any home and can actually shorten the selling time. For those who have pets and children, remind them to try to keep the yard clean and clear of objects so that potential buyers can walk through easily if they like. If owners have flowerbeds, it helps to keep them weeded and the plants pruned. Walkways and decks should be routinely swept clean. Swimming pools should be as clean as possible; floating leaves and insects can have a negative effect on the potential buyer. Regardless of the size and condition of any yard, the most important thing to remember is that just like with people, first impressions are everything.

Because of current and projected interest rates, this summer is also a great time to refinance. Summer is the perfect time for home improvement projects and the money a home owner could potentially save by refinancing could help fund those projects. Refinancing can also pay for a summer trip or a future investment. If owners are holding off on a refinance in anticipation of lower rates, it is suggested that you get started right away. It's possible that rates will lower more, but they're already exceptionally good, so it's worth it to refinance now. Remember, interest rates have a way of rising much more quickly than they do lowering.