Thinking About Buying A Home?
Mark Hewitson • October 24, 2021
Thinking About Buying a Home? October Is a Great Time to Make a Move
When you buy a home, you want to buy at a time when you can get the best home at the best price. And that time is right now—in the month of October.
According to a recent analysis from ATTOM Data Solutions (which analyzed 33 million home sales over the past eight years), if you’re planning on buying a home, October is the best time of year to score a deal.
While you’ll still pay a premium above market value, that premium is far less than what you’d pay in prime spring home buying months—2.9 percent in October compared to a whopping 11.5 percent in May.
The Takeaway:
So, what does that mean for you? By buying a home in October, you could pay 8.6 percent less of a premium for your property than you
would if you purchased that same home in May—so if you’ve been thinking about buying a home, now is the time to make a move.-
Reposted from Lighter Side Of Real Estate
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