When is the best time to buy a home?
You really can’t time a real estate purchase. You have to buy when it makes sense for you financially, emotionally as well as for practical purposes. Having said that, year in and year out, there are more homes for sale in the spring and the fall, which translates into more options for buyers. Increased inventory means the best time to buy a home. Inventory levels are very low in the dead of winter and summer. Purchasing a home is a personal decision. If July 1st comes, and you are aggressively looking and “in” the market, should you take whatever house is available? Probably not. In that case, it might be better to hold off until after Labor Day to see what else comes out. Never buy under stress or feel desperate to make a purchase. There will always be another house for sale.