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Best Time to Buy? Best Time to Sell?
When is the best time to buy? When is the best time to sell? I get asked these questions constantly everywhere I go. In short, the answer is that it depends on your individual circumstances. Each person has a unique personal buying or selling situation, whether starting a new job, facing rent increases, retirement, etc. However there are certain seasonal trends that govern the real estate market. Traditionally, Spring is the busiest time in the housing market. This past Spring we experienced a very strong seller's market with extremely low inventory and a bevy of buyers competing for those homes. Now, throughout the Summer, the inventory of available homes has steadily increased, providing more choice for buyers. The outlook for the upcoming Fall and Winter seasons remains strong. More properties on the market means that buyers have less competition for the same homes and may be able to get a better deal. In the late Fall and Winter, when inventories generally drop, homeowners who do decide to sell are more likely to capture the active buyers. But the real answer to the question of timing is whatever makes the most sense for you financially. Homes are bought and sold every single day of the year, including weekends and holidays, so timing may be important but not necessarily crucial. What really matters and the question you should ask yourself is "Do I need to buy now?" or "Do I need to sell now?" Brian Block is a Realtor with Re/Max Allegiance in Alexandria, Virginia. He is also a real estate attorney. He can be contacted at 703-626-0715. If you or anyone you know has real estate questions or is looking to buy or sell real estate in the Northern Virginia and Metropolitan D.C. area, contact Brian Block. For more information and to start your home search, visit his website at http://www.brianblock.com
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Fortune Connecticut real estate law changed after MV Realty investigation Eyewitness News 3 Billionaire Frank McCourt raises his hand to buy TikTok Business Insider Connecticut real estate law changed after MV Realty investigation Eyewitness News 3 Ellison sues real estate broker Chad Banken over alleged schemes involving contracts for deed Star Tribune Local couple buys Pat Burrell's former Center City penthouse for 38% under original asking price Philadelphia Business Journal My Co-op Neighbor Never Pays His Maintenance on Time. Can We Make Him? The New York Times Top Workplaces: Better Homes and Gardens Real Estate Base Camp wins second for small company Richmond Times-Dispatch Bienville Realty: Commercial real estate Fox 10 News Navigating Northern Virginia Real Estate: An Insight Into Rhonda Campbell's Bespoke Approach Grit Daily Letter: Clarifying changes to real estate industry Morgan Hill Times ACRES 2024 showcases innovative real estate projects focused on enhancing environmental sustainability Malaysia Sun Home listings are on the rise in southern Colorado, while other indicators show a slowing real estate market Colorado Public Radio Southern fast-food chain Cook Out buys Tampa real estate Tampa Bay Business Journal Did Fort Worth’s real estate market really ‘bottom out’? | Fort Fort Worth Star-Telegram New Rules for North Texas Real Estate Agents Creates Uncertainty Dallas Observer Sean Bloom Investments Announces $2B Real Estate Project in Las Vegas InvestorsObserver EG Real Estate: 18 Opens This Weekend – East Greenwich News East Greenwich News China's rush to prop up housing sector comes with eye on third plenum: analysts South China Morning Post Busch relative settles squabble with Clayton investors over real estate trust St. Louis Post-Dispatch LOCAL REAL ESTATE TODAY 5.17.24 – KQEN News Radio kqennewsradio.com Shaping the Future of Real Estate Technology RisMedia.com End of war against property speculators marks new phase in China housing South China Morning Post Housing Market 2024 Predictions Bankrate.com KKR Real Estate Finance Trust Inc. (NYSE:KREF) Given Average Recommendation of “Moderate Buy” by Analysts Defense World Edgefront Real Estate Investment Trust (TSE:NXR) Forecasted to Earn FY2024 Earnings of $0.73 Per Share Defense World Real Estate Transactions for May 18-19 | News, Sports, Jobs Nashua Telegraph |
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