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Updated 9 months ago on . Most recent reply

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Michael Lightwood
  • Rental Property Investor
17
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Buy a house, What are the best months to purchase?

Michael Lightwood
  • Rental Property Investor
Posted

With buying a home for personal use, what are the best months of the year to purchase where the cost will be lower. I know the market fluctuates and that can be a factor, but generally speaking. What is the best months to secure a property on the low end? Thank you for your help. 

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Mohammed Rahman
  • Real Estate Broker
  • New York, NY
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Mohammed Rahman
  • Real Estate Broker
  • New York, NY
Replied

Hey @Michael Lightwood - it's a loaded question but I don't think there really is a "good" time to be buying. 

Generally if you buy in the cold season, it means the sellers are more motivated... but it means you're not going to see all the inventory since most buyers don't want to buy then. 

You'll have more inventory in the warmer seasons (specifically Summer) but that means there will be more buyers in the market. 

Each season/months has its pros and cons - if there was a "best" month then everyone would have waited for then. What only exists is the "right" month for YOU. 

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