Why January/February is the Time to Buy in Real Estate….
January (Really from Thanksgiving on to Feb.20 or so) is normally the best time to buy Real Estate because business is the slowest…Sellers who have their home on the market need to have it sold now, otherwise they would have waited until spring (best time to list your property for sale.) But…You are asking yourself why is this the best time….well..Sellers of Resale Property and New Builders of new construction will give more during this time..
Other thoughts…..
Ever wish you bought a home or maybe even a few when the homes where rather in experensive and then they blew up in Value overnight??? I believe that is what is going on in the Denver Metro Market now…This Buyer’s Market that we have now entered in will bounce back to a sellers market…when …who nows…but If you can afford to buy now and hold on to the property..I guarantee you will have little regret…
Another way to think about this is…when is the best time to buy a car?? Why? Well, generally the best time to buy is at the end of a month because they are looking to meet their quotas or have more to give at that time…take that perspective into real estate in January…
If I can be of any service to you or anyone you know…please feel free to contact me..
Jay Larson
RE/MAX CLASSIC
Equal Housing.