Best Time of the Year to Buy a House
Are you currently in the market for a house to buy or perhaps entertaining the idea of owning a home? Based on data collected from the Zillow database between 2008 to 2015, the lowest number of house sales in the United States is between January and March. The highest numbers of homes sold were on average during the summer months between June to August. This is significant information as this can imply that the best time for buying a house is during the winter months, where there are fewer home buyers and your negotiation power could have more weight.
To explore the data, mouse over the bar chart to see more details.
If you’re a first time home buyer and looking for more information, check out this article about important questions to ask at an open house before settling negotiations.