Daily News | The best time to buy a home could be right now
analysis of U.S. home sales from 2013 to 2021
The analysis from Attom, a firm specializing in real estate and property data for more than 155 million properties in the country, used data from any day with more than 10,000 home sales. Alban Xhema, a licensed real estate salesperson in Philadelphia, said less competition during the end of the year can make buyers’ offers more attractive but notes that low inventory also may make buyers more willing to jump on a property if they’re home shopping during this time.
Still, when you’re making the most attractive offer out of five instead of out of 15, your chances of sealing the deal are higher.“That’s what I think is really the main driver: You have less buyers raising the price, coming in with better terms, coming in with better financing, or having more cash to put down,” Xhema said.Attom’s analysis also took a look at the best time to buy in every state.
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