Is now a good time to buy a home? Here are my thoughts.
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Is the end of the year truly a good time to buy a home? This time of year, many homeowners go on vacation, meaning there are fewer houses on the market compared to other times of the year. We pulled the statistics from the last five years, and they show that inventory levels and the number of new listings have been lower compared to other months over that time.
This means that if you’ve been looking for a home for a while and you know exactly what house you’d like, there’s a good chance you can negotiate a better price for it toward the year’s end. The stats from the past five years we pulled also showed that the year-end sales price has been lower than in previous months.
“If you’ve been looking for a home for a while and you know exactly what house you’d like, there’s a good chance you can negotiate a better price for it toward the year’s end.”
So if you’re looking to purchase a home and are searching for a good price, reach out to us. Let us know how we can help you to evaluate your current situation and come up with a plan to get you into your dream home. In the meantime, if you have any other questions, we’d also be glad to speak with you. We hope to hear from you soon.
