Optimal Time to Buy a Home Approaches: September 29 - October 5
Homebuyers can expect significant savings and increased inventory during the best week of the year to purchase a house, according to Realtor.com.
- Historical data suggests potential savings of more than $14,000 for homebuyers in this period.
- The housing market will see an increase in listings, with 37% more active than at the year's start.
- Mortgage rates are decreasing, encouraging more homeowners to list their properties.
- Competition among buyers typically drops by 30% compared to peak periods.
- Seasonal trends and easing mortgage rates contribute to a more favorable buyer's market.