Time to Set Your Clocks Back
Daylight Saving Time in the United States:
Twice a year, the United States shifts its clocks in an annual tradition known as Daylight Saving Time (DST). While some states and regions debate the relevance of DST, its effects ripple through daily life, impacting everything from energy usage to home buying patterns. Here’s a look at Daylight Saving Time, how it came to be, and its subtle influences on the real estate market and lifestyle.
What Is Daylight Saving Time?
Daylight Saving Time is the practice of setting the clock forward one hour from standard time in the spring and back again in the fall, allowing for more daylight during the evening hours of spring and summer. The practice typically starts in March, with “spring forward,” and ends in November with “fall back.” While originally created to conserve energy, the purpose of DST has evolved, with its impact extending to various sectors, including real estate.
A Brief History of DST in the U.S.
The concept of adjusting the clock to make better use of daylight originated in Europe in the early 20th century and was first implemented in the U.S. during World War I as a fuel-saving measure. It was reintroduced during World War II, again to conserve resources. However, after the war, states were free to choose whether to observe DST, resulting in a confusing mix of time changes across the country.
This inconsistency led Congress to pass the Uniform Time Act in 1966, standardizing DST across most of the U.S., though exemptions were allowed. As a result, Hawaii and most of Arizona, along with U.S. territories like Puerto Rico and Guam, don’t observe DST. The practice has remained largely the same since then, with minor adjustments in 2007 to extend DST by four weeks in an effort to further reduce energy consumption.
How Daylight Saving Time Impacts Real Estate
DST doesn’t just affect our sleep schedules; it also impacts real estate in various subtle ways:
1. Increased Evening Activity and Home Showings**
– Extended daylight hours during the spring and summer create an optimal time for real estate activities. Longer evenings allow potential buyers more flexibility to tour homes after work, which can lead to increased property showings and potentially faster sales.
2. Curb Appeal and Landscaping**
– The added daylight often motivates homeowners to improve their landscaping, a critical element of curb appeal. As buyers are more likely to view properties in the evening, enhanced outdoor lighting and attractive landscaping can make a property stand out, potentially influencing buyer decisions.
3. Energy Costs and Home Efficiency**
– Although DST was initially designed to save energy, the impact on energy consumption is now minimal. For real estate buyers, this awareness might lead them to seek properties with energy-efficient features, such as smart thermostats or solar panels, which offer long-term savings beyond DST’s limited effect.
4. Market Timing for Sellers**
– Spring and summer are popular times for real estate activity, in part because of DST. Sellers often list homes in the spring, taking advantage of the extended daylight, which offers more opportunities for open houses and showings.
Ongoing Debate: To Keep or Eliminate DST?
While DST is well-rooted in American tradition, its usefulness has been widely debated. Some argue that DST disrupts our circadian rhythms, leading to health issues, productivity dips, and even increased accident rates following the “spring forward” adjustment. In recent years, several states have proposed legislation to make DST permanent, thereby eliminating the biannual time change. In 2022, the U.S. Senate passed the Sunshine Protection Act, aimed at making DST permanent nationwide, although it still requires approval from the House.
From a real estate perspective, permanent DST could mean more predictability in buyer and seller patterns, as the seasonal impact of time changes on activities would be removed.
Tips for Homeowners and Buyers to Navigate DST
1. Utilize Natural Light for Energy Savings**: Make the most of daylight by installing blinds or shades that help regulate indoor temperature.
2. Consider Outdoor Lighting**: With longer days in DST, consider adding outdoor lighting features to enhance curb appeal, a factor that can be especially appealing to potential buyers.
3. Keep an Eye on Energy-Efficient Features**: Homebuyers today increasingly look for energy-efficient features as part of a home’s appeal. Look for homes with upgrades like smart thermostats, energy-efficient windows, or even solar panels.
4. Adjust Outdoor Home Showings and Staging**: For sellers, take advantage of DST by planning home showings for the early evening, when natural light and a well-lit exterior can add warmth to your property’s appeal.
While Daylight Saving Time may seem like a small seasonal shift, it has broad implications for both personal routines and the real estate market. The practice continues to evolve, and with recent moves toward making DST permanent, the real estate market could experience changes in the timing and patterns of activity year-round. As DST remains a staple in American life, homebuyers, sellers, and agents alike can benefit by adapting to its effects, using extended daylight to make homes shine and create memorable impressions.
Whether DST continues as it is or eventually becomes permanent, its influence on real estate is a fascinating example of how even the smallest changes in our daily routines can affect larger markets and trends.
Houses that are priced, presented & marketed correctly are selling fast.
Let my 33+ years of Real Estate experience in Las Vegas work for you. 702-378-7055
The information contained, and the opinions expressed, in this article are not intended to be construed as investment advice. Very Vintage Vegas does not guarantee or warrant the accuracy or completeness of the information or opinions contained herein. Nothing herein should be construed as investment advice. You should always conduct your research and due diligence and obtain professional advice before making any investment decision. Very Vintage Vegas, will not be liable for any loss or damage caused by your reliance on the information or opinions contained herein.
