Home Buying Secret: Winter can be the best time to buy!

Attom Data Solutions tells us that the best time to buy a home is during the month of December. Quite simply, the best three days of the year to purchase a home all fall in December due to the biggest discounts. Those three days are…

  • December 26
  • December 31
  • December 4

ATTOM’s chief product officer, Todd Teta, said, “Closing on a home purchase the day after Christmas or on New Year’s Eve can be one of the most financially beneficial holiday-season gifts you can get. While lots of folks are shopping the day-after Christmas sales or getting ready to ring in the New Year, our data shows that buyers and investors are buying homes on those days at a discount.”

Despite price discounts in December, remember that buyers will still pay a premium of 1.2% above the estimated value of the house…they just won’t pay a premium of +7% above estimated value as they would if they bought that same house in June.

Thanks to ATTOM Data Solutions for source data, posted by timandjulieharris.com

Posted on December 13, 2019 at 12:30 am
Kevin MacInness | Category: Uncategorized

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