A common occurrence we seem to notice in the world of real estate is the question of “When is the best time to buy a house?” Honestly, there’s never really a “bad time” to look or buy.
But. We’re going to let you in on a secret... With the shifts in the market during each turn of the season, fall is probably the easiest time to purchase a new home.
Most summer buyers have already found a home, leaving less competition for the available houses on the market. Less of a buyer population = more houses to choose from!
You’ll also have the ability to take advantage of the pre-holiday window. Sellers who have their homes on the market in the fall generally need to sell quickly, to avoid a tricky transition to a new home before the major holidays hit. This can make a world of difference during the negotiation process for a buyer. If your favorite home has been on the market all summer, you’re set for making a desirable offer to the seller. The longer the home sits on the market, the more negotiating power the buyer wields.
So, don’t wait until the temperatures start to pick up again, friends! Get out and find your dream home now!