Winter is Great Time to Buy or Sell Real Estate

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[av_heading tag='h3' padding='30' heading='Real Estate Cheapest in Fall, Winter Daily Real Estate News' color='' style='blockquote modern-quote' custom_font='' size='35' subheading_active='subheading_below' subheading_size='15' custom_class=''] REALTOR MAGAZINE | THURSDAY, FEBRUARY 16, 2017

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[av_textblock size='14' font_color='' color=''] Your home buyers likely won’t want to shy away from the fall or winter months. They may score the best deals. Home sales prices in the nation’s largest metros typically peak during the summer but drop in the fall and are lowest in the winter, according to a new study from NerdWallet, in which researchers analyzed sales and listings over the past two years in the 50 largest metros using realtor.com® data.

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[av_textblock size='14' font_color='' color=''] Home sale prices tend to peak in June and July, according to the analysis. Buyers will find the most inventory or home choices during those months but there is also more competition from other buyers that they will have to contend with.

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Jonathan Smoke, realtor.com®’s chief economist.

“If your circumstances give you the freedom to be able to choose the best time to look to sign a contract on a new home, there’s no question that the market dynamics favor you the most to do that in the dead of winter, ideally in January or February, right before the activity starts to heat up.”

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[av_textblock size='' font_color='' color=''] Source: “House Shopping After Summer Ends? Buying Later in the Year Could Save You Thousands,” NerdWallet (Sept. 20, 2016)

Inventory is low, now is the time to list your home or buy a new home.  Time to make the move.

Visit www.realtormag.realtor.org more real estate news.

Visit www.agentrising.com for a great real estate school and the start to your real estate career.

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