Real Estate House

The Best Time To Buy a House

Published at 02/19/2012 20:36:45

Introduction

Those who know they will be in the market for a new house soon, often wonder when is the best time to buy a house. Those transitioning from apartment to house may think that spring is the best time. This is generally the time when you see many houses up for sale. Homeowners may be ready to move from house to house, from their current house to house they just either recently bought or want to buy. Spring is when you see the most moving from house to house. This is when you will notice the most houses put up for sale. Spring and summer are the busiest times for many things house related. From listing the house, buying the house, moving to house. Yet, this does not necessarily mean it is the best time to buy a house.

History

While spring and summer are busy when it comes to house selling and buying, that makes the competition stiffer. More people are out looking and making offers. If one interested buyer walks away, there is a good chance that another will be there soon. A homeowner who wants to sell during this time may find that they receive multiple offers. When it comes to house shopping, this is not a good thing for the buyer. It is great for the seller, but the buyer is left having to raise the offer or miss out on the house. When you consider when to house shop, spring and summer may not be the best time. Though this depends on what is important to you. If it is variety of houses to choose from, then spring and summer is wonderful. If however, saving money is on your mind when it comes to house shopping, skip these seasons.

Features

Now you know when not to shop if you want to get the best deals when it comes to house buying. So the question is when should you shop? Fall and winter, preferably winter and the closer to Christmas the better. The reasoning for this is, if someone is putting their house up for sale near the Christmas holiday, they are probably very anxious to sell and are often willing to accept any reasonable offer. You also have less competition making offers on the house. Most people who plan to move will have done so in the spring or summer. When the weather is nice, people get out there and look at homes, make offers and want to be settled into their new home by the time the cold weather and the holidays arrive. By being willing to house shop at this less popular time of year, you could save yourself some money and get a better deal on your new home.

Tips and comments

Begin looking in the fall when the weather starts turning colder, start at sometime around Halloween. There will be fewer houses on the market so it may take a little longer to find the house you want, so start early so you have time to find the best house for you. If price is not a big consideration when it comes to house buying, then of course you should start in the spring. Houses start popping up on the market more frequently around March and continue throughout the spring and summer months.

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