Top 10 Best Days of the Year to Buy a Home

December 3, 2018

Courtesy of First Team Real Estate

1543524373

If you're looking for a discount on your home purchase, then the best time to buy is during the holidays. ATTOM Data Solutions put togehter an analysis of more than 18 million single family home and condo sales over the past five years and the results show that the biggest discounts for buyers come in October, November, December and February.

In fact, the optimal savings on a home comes when you close the day after Christmas! Skip the after Christmas sales at the mall and head straight for the real estate market. So if you want that extra savings on your next home, click here to start your home search now. 

1543512995

Why Buyers Get Deals During the Holidays

Why are the holidays bringing homebuyer deals? Most likely a combination of incliment weather and the fact that sellers who list during the holidays are more motivated and willing to negotiate. According to the data, the states with the biggest discounts below full market value were those with severe winters inlcuding Ohio (-8.8% in January); Michigan (-7.9% in February); Nebraska (-7.3% in December); Tennessee (-6.8% in December); and Delaware (-6.5% in December). Nobody wants to go house hunting in the snow.

However, the weather isn't the only reason for the money saving this time of year. Sellers who place their home on the market during this time of year are usually more motivated and serious about their home sale.

Even though the holidays are filled with busy schedules, vistors to entertain, and added familial responsibilities, these sellers have taken the time to put their house on the market and uproot their lives because it's a must. Motivated sellers equal an easier negotiation process and more flexibility for you as a buyer. 

Comments

Share this post

Click here!

Search Blog

Recent Blog Posts

Existing Home Sales Show an Increase

Judy Pagano, Gibson Sotheby's International Realty — Dec 14

Announcing "The Parkview Villas" Sandy's Newest Twin Home Community

Linda Secrist, Linda Secrist of BHHS Utah Properties — Dec 13

Fabulous Riverfront in Bend Oregon's Historic District

Bend Premier Real Estate, Bend Premier Real Estate — Dec 12

Online lead generation - best companies?

Gulf Coast International Properties, Gulf Coast International Properties — Dec 12

Don Petermann joins Lake Norman Realty Dynamic Luxury Team

Don Petermann, Lake Norman Realty — Dec 11

Twitter