[Buyer Tips] When is the Best Time to Buy?
Update: 2020-10-27
Description
I can't tell you how many times I, as a Realtor, am asked either 1) How's the real estate market or 2) When is the best time for me to buy?
My answer? The best time to buy is when YOU are ready! Now, maybe that isn't too helpful but hopefully this episode gives you some food for thought.
In this episode:
1) When is the best time to buy?
- When YOU are ready! Are you pre-approved? Have you spoken to a Realtor? Do you know what you're looking for and able/willing to spend?
- There really is no ONE great answer for this question
2) What type of house should I buy?
- Fixer Upper vs. Turn Key vs. New Construction vs. Multi-Family
3) What are typical trends you see throughout the year?
- Spring = busiest time to buy
- This is typically when the most homes are listed BUT that also means you'll likely see the most buyer activity too aka more competition
- Fall = steady but slowing down
- A lot of families are looking to get into their homes / school routines etc. before the holiday season hits
- Winter = slowest time of year
- More often than not this time of year has the least amount of inventory and the least amount of buyers BUT it could mean the buyers who are out there looking are able to negotiate a bit more with the sellers who need to sell
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Interested in any of my FREE real estate guides? Looking to Connect? Have some topics you'd like to hear on this podcast? Feel free to reach out with any comments, questions or topics you want to hear more of!
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