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Archive for April 17th, 2008

04 17th, 2008

Buy in the winter months.

tip on buying home

There are good and bad times of the year to buy, and there are good markets and bad markets.

If you can, probably the best time of the year to buy your home is in December, preferably during the last two weeks of the month when everyone is fussing about the holidays.

Historically, there are fewer home sales between Thanksgiving and New Year’s (by a wide margin) than any other time of the year, simply because fewer buyers are out looking. Most buyers get involved with the holidays and put off home searching until after the New Year. The last few weeks of December traditionally have the poorest sales of all.

Most sellers who haven’t been able to sell their homes during the summer months feel the same way and remove them from the mar­ket after Thanksgiving. Often the only sellers who keep their homes up for sale (or list them at this time) are those who are desperate to get out. And if they haven’t sold by the end of December, those sell­ers are very desperate, indeed.

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