3 Reasons Why Now Is the Perfect Time To Buy a Home

By Seychelle Van Poole

Seychelle is a specialist in meeting the needs of sellers and buyers, and serves as the Team Director for Van Poole Properties Group. Being named Top 30 Under 30 by the National Association of Realtors for 2011, Seychelle is an expert negotiator, marketing and sales analyst, and is dedicated to making the buying and selling process stress-free and enjoyable.

Are you thinking about purchasing a home in the upcoming year but are unsure about the best time to take action? The decision to buy a home is a significant milestone that warrants careful consideration. That’s why today, we’re sharing the top three reasons why making an early move to buy a home in the next year could be advantageous: 

1. When rates fall, you’ll have more competition. Right now, a lot of would-be homebuyers are on the sidelines due to higher rates. When interest rates decrease, there will be a surge of homebuyers entering the market, leading to higher home prices. By buying now, you can get ahead of the rush.

2. Home prices are best between October and March. Over the past two decades, this timeframe has consistently been the optimal period for buyers to make purchases. It’s not only the best time for individual homebuyers but also for those interested in investment properties, as sellers during the fall and winter months are often motivated to move, creating favorable negotiation conditions for buyers.

3. You can control your interest rate. No one knows where rates are heading, so your best course of action is to buy before prices go up. Then, you can simply refinance whenever rates eventually fall. This way, you don’t have to worry about trying to perfectly time the market. 

If you have questions about these three reasons or anything else in our market, please call or email me. I am always willing to help.