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Are You Buying a House? February Can Be Your Best Month

By
Managing Real Estate Broker with Skye Louis Realty 3187020

Home buyers have different preferences and readiness when it comes to buying a house. Some want to buy during the summer season while others during the colder months. Some want near the year's end while others want it first quarter. 

2017 is just on the second month of the first quarter, and if you are mang those who are thinking of buying a house - February could just be your best month to do this. According to the latest data analysis of ATTOM Data Solutions, February tops the best months to  buy a house. This data is in a record of 16 years spanning from 2000 to 2016.

Image courtesy of realtytrac.com

Image courtesy of realtyrac.com

The ATTOM report revealed that home prices during February falls 6.1% less per square footage than any average for other months. With this revelation hone buyers can only take advantage of the good deals beiong offered by home sellers. 

The report in its further analysis also showed that the top fiove days when great discounts are offered by home sellers also fall within the month of February. 

Around this month, when most people are very busy with their pre, during, and post-Valentines preparations - home sellers are into fewer buyers. With fewer buyers, most likely will they tag their homes at discounted prices, specifically if they want to sell fast.

With this situation, home buyers like you can grab the opportunity of having less competitors when bidding for the home you want to buy. Even if there are plenty of homes in the sales inventory, buyers are still fewer putting a single unit up for sale with just fewer bidders.

So with still 22 more day left for February 2017, do your house hunting now and scout for the best home deals you can probably see for the rest of this year!

Comments (2)

Kat Palmiotti
eXp Commercial, Referral Divison - Kalispell, MT
Helping your Montana dreams take root

Any month could be great for one reason or another! I like the idea of better sales during the month of love. 

Feb 06, 2017 03:20 AM
Desare Kohn-Laski Skye Louis Realty
Skye Louis Realty - Coconut Creek, FL
Residential Real Estate

I certainly agree Kat Palmiotti.  It's just like couples are given great chances to have their own homes.

Feb 16, 2017 06:20 AM