It’s helpful to purchase a home during a time when buyers have a big advantage. Don’t worry if you had plans to purchase a home during the spring season, the late summer and fall is actually an optimal time to purchase a home. Check out these four home buying tips below:
- When is the best season? The best season to buy a house is in late summer and fall. As fall approaches, sellers fear that they won’t be able to sell their homes during the winter so this is the best time to negotiate the listing price and seal the deal.
- Narrowed down to the month. The best month to purchase a home is in August and September. You’re more likely to see a seller reduce the listing price during these months.
- Down to the day. Mondays and Fridays are the best days of the week to close a home. Research shows that these days are when buyers get discounts below market value.
- Is it a buyer’s market? A buyer’s market occurs when there are more properties for sale than potential home buyers. This is the ideal time to make your move.
If you are in the market to purchase a new home, we can get you pre-qualified and pre-approved, so you can shop with confidence.