As kids head back to school and people enter their post-summer work mode, homebuying is at its peak with low prices and high inventory.ByMacie LaCau, Staff WriterPublishedSeptember 19, 2022With
THE BEST SEASON FOR HOMEBUYING IS COMING UP!
Dated: September 27 2022
As kids head back to school and people enter their post-summer work mode, homebuying is at its peak with low prices and high inventory.
ByMacie LaCau, Staff WriterPublishedSeptember 19, 2022
With inflation on the rise, on top of the issues within the real estate market, homebuying is tough these days. There aren’t many homes for sale (still), and what’s currently on the market is selling quickly.
If you're looking to save some money when purchasing your next property, be sure you’re on you're A-game the week of September 25 through October 1st. According to Realtor.com, that week has been declared the best week of the year nationally for homebuying. Traditionally around this time, there are about 8.4% more homes for sale, based on past data. Delightfully enough for some buyers, houses are also reported to be around $20,000 less during this time.
Realtor.com economic data analyst Hannah Jones reports,
“The best time to purchase a home is the last week of September, because that’s historically when the market is most hospitable to buyers. Typically, the early fall is when there are fewer buyers. There are also more homes on the market, and the housing market is generally calming down from the summer rush.”
Realtor.com claims they came up with these findings by looking at home list prices, the number of homes for sale, the number of new listings on the market, days on the market, and views of properties on Realtor.com.
I have been a Florida Licensed Realtor for over 27 years, have SOLD more than $850,000,000 worth of every kind of real estate from Destin to 30A and West Panama City Beach. With over 26 years of real ....