I hear so much talk about waiting for the spring, and don't get me wrong the spring is a good market to start your relocation plans, however, why not the fall. The fall can provide some great opportunities when looking for a home here are just a few that I have taken from the top of my head.
LEFTOVER INVENTORY MAY RESULT IN DEALS
Home sellers tend to go on the market for the first time in the spring. They often list their homes too high out of the gate, which could mean that a series of price reductions follow during the spring and the summer months.
These sellers have fewer chances to capture buyers after Labor Day. By October, buyers are likely to find desperate sellers and prices that may, in fact, be below a home’s true market value.
FEWER BUYERS ARE COMPETING
Families who want to be in a new home by the beginning of the school season are no longer shopping at this point. These families have exited the market, which means less competition. That translates into more opportunities for buyers.
HOMES FOR SALE NEAR THE HOLIDAYS COULD SIGNAL A MOTIVATED SELLER
If a home has not sold by November, and it’s still sitting on the market, that homeowner is likely motivated to be done with the disruptions caused by their home being listed for sale.