Thinking about buying a home? Timing is everything! Purchasing a home during the off-season can save you thousands of dollars on the price of your home.
Homebuyers in the nation’s densest metro areas could see sale prices fall an average of approximately 3 percent, or by $8,300 on a median-priced home in the September through February time frame, an analysis by Nerdwallet found.
According to this article, “Buyers may also have leverage in terms of selection. Realtor.com forecasted the median age of listings in September at 77 days, five days more than in August. With listings longer on the market (and less buyers to compete with), those purchasing past the peak summer season could have the upper hand in negotiations.” These facts paired with low mortgage interest rates could make your off-season buying experience a very happy one!
Read the full article here: http://rismedia.com/trg/23775/1067658/40791355/895…
Have questions about buying or selling in the off-season? The Kevin Allen Jones Home Team is here to help! Fill out the contact form or give us a call and we will contact you!