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Is there a best time of the year to buy a house?
When it comes to buying a home, there are pros and cons for each season. Generally, the best season to buy a home is in late summer or fall. There are still plenty of homes for sale, but without the intense competition found during spring. Sellers are also known for being a bit more flexible this time of the year. Zillow reports that the highest number of listings with at least one price reduction are found August–September. However, the deeper buyers venture into fall, the less choice is available. If you value choice, and you want more buyers competing for the home you are leaving, spring could be your best season. Ultimately, the best time to buy a home is when you’re financially ready to do so.
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