When is the best time to Buy a Home?

When is the best time to buy a home, and advice on which month of the year is the ideal time for potential home buyers to make an offer to motivated sellers.
asked Dec 17, 2012 in Real Estate by answernest

1 Answer

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Although Spring may be the best time to look at homes because the weather is perfect and the landscape beckons would-be buyers to appreciate the finer things in life, Spring is one of the worst times to consider buying a home, since most sellers begin listing their homes at this optimum time of the year. The best time to buy a home is at the end of the year, after homes have sat on the market for months, with little or no activity.
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Fall and Winter house shopping, though not as comfortable as Spring and early Summer shopping, enables a potential buyer to look for problems in a home, like structural cracks, drafts, and efficiency. These issues get worse with cold weather and cannot be easily hidden.

Also, at the end of the year, in December, most sellers are anxious to offload their homes because the holidays are just around the corner. By this time, sellers are tired of the home, tired of the process, and tired of the extra expense associated with selling a home, making December the best time to buy a home.

Remember, the best time to buy a home will always be the time of year when no one is thinking about buying a home. You are just about guaranteed to get the best deals when no one else is looking.

answered Dec 17, 2012 by answernest
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