24 Of Renters Believe Winter Is The Best Time To Buy A Home

Dated: November 28 2018

Views: 55

24% of Renters Believe Winter is the Best Time to Buy a Home | MyKCM

In real estate, the spring is often seen as the ideal time to buy or sell a house. The term “Spring Buyer’s Season” exists for a reason, as renters and those looking to move on from their current home thaw out from the winter and hit the market ready to buy.

According to Bank of America’s annual Home Buyer Insights Report, 41% of renters surveyed agree that spring is the best time to buy a home. The surprising result, however, is that when ranking the seasons, winter comes in second at 24%.

24% of Renters Believe Winter is the Best Time to Buy a Home | MyKCM

In many areas of the country, the spring and summer are the most competitive seasons for buyers. Families with children often want to move over the summer to make sure that their kids are ready for school in the fall. This often leads those families who haven’t found homes to buy to push pause on their search in the fall and winter months.

This creates a great environment for buyers to find a home with less competition. According to moving.com, scheduling a move during the winter months also comes with the best price.

If you define ‘best’ by cost then, generally speaking, you are more likely to save on a move during the late September to April window. Demand for movers usually slows down during this time frame and rates are low.

There are also many benefits to listing your house for sale during the winter months as well!

As we recently mentioned, buyers who are out in the winter are serious about wanting to find a home, and there is traditionally less competition on the market which gives you greater exposure to those buyers.

Bottom Line

As always, the best time to buy or move all depends on each individual buyer or seller’s goals and needs. If you are one of the many who would like to make a move this winter, let’s get together to create a plan to make it happen! Contact Tricia Glover and The Glover Team at 540-846-0185. You can also visit our website at http://tglover.liveinfredericksburgva.com.

Blog author image

Tricia Glover

As an agent who's an expert in this local area, I bring wealth of knowledge and expertise about buying and selling real estate in the Northern Virginia Area. It's not the same everywhere, so you need....

Latest Blog Posts

Happy Thanksgiving

From The Glover Team with United Real Estate Premier we wish you a Happy Blessed Thanksgiving!  May you continue to count your blessings and appreciate all this season has to offer.   

Read More

Pecan Or Pumpkin The Great Debate

It’s the great debate every Thanksgiving! Which is your favorite? #pumpkinvspecan #pecanvspumpkin #pumpkinorpecan #pecanorpumpkin #thanksgivingpie #thanksgivingpiebattleTricia Glover, RealtorThe

Read More

5 Reasons To Sell During The Holidays

With very few homes on the market, now is the time to get top dollar when you sell. Give me a call if I can be of any help. #thegloverteam #newhome #newhomebuyer #homebuyertips #homebuying

Read More

Tips To Sell Right Now

Tips to Sell Your House Safely Right Now #thegloverteam #tuesdaytipSome Highlights Your agent now has over 6 months of experience selling houses during the pandemic and can make the process

Read More