With the seasons changing, you may wonder when the best time of year to buy a home is. Technically, there are two days of the year that are the cheapest to buy a home: Christmas Day and Easter Sunday. It’s unlikely you want to buy a home on these days, but it can certainly save you some money.
With winter typically being a slow season for sellers, their prices reflect that. Less competition makes negotiating the price down much more possible. Not only this, but the holidays put people in a joyous and giving mood. It’s possible that if their realtor contacts them saying there’s been an offer a little under asking price, they’ll feel generous and accept. The caveat to this is finding a realtor who is willing to work this time of year.
The fall and winter are not times when people want to move. This lack of competition is reflected on the market. Not only will this benefit you, but your realtor will be eager to work during this time since it is typically a slow season. Don’t allow yourself to be fooled that the time to buy is over; if anything, it’s just beginning!