When is the Best Time to Buy/Sell a Home?
Today we're going to talk about when is the best time to buy or sell a house.
It's a question I get asked all the time.
I get all sorts of times of year suggested to me and I kind of laugh when I hear this because I wish it were that easy to know when the perfect moment is.
Smart buyers and sellers understand that it is all about the numbers in terms of the ratio between supply and demand.
When you're selling you want as little competition and as many buyers as you possibly can get. For the buyer, it's exactly the opposite in both cases.
If we look at the market stats for last year, we can see that it's all a little unpredictable. In fact the best time to be a seller was the end of the year, when we had the best supply/demand ratios.
The bottom line is, if you're thinking about selling and/or buying a home, give me a call and we can go over the numbers together, looking at trends in the market to determine if and when it makes sense for you.
As always, don't hesitate to get in touch if you have any real estate questions at all or need referrals to any vendors or contractors.