Monday, November 28, 2005

When is the best time of year to purchase my home?

Average price graph from 1995 to date
When is the best time of year to purchase my home?
The best time of year to make your purchase is dependant upon many factors, including your personal situation, the local real estate market conditions and the general state of the economy. My experience says that the best time to purchase your home 'was yesterday' and I'm not kidding. You must get into the market as soon as you can, mainly to begin reducing your mortgage rather than paying your landlord which in turn increases your equity and allows you to move up to a larger home within a few shorts years. This is one of the secrets to real estate.
You may see a very interesting and regular pattern of price changes in the marketplace and this will give you an idea of the market peaks and valleys during the year.

No comments:

Post a comment