By now, most of us know that this Sunday night we change our clocks back by one hour to standard time from daylight savings time. For many of us, that extra hour of sleep makes a huge difference! But did you know that an hour in the housing market also makes a difference?
The infographic below shows just how much of a difference an hour can make in the housing market.
If you're a home owner or home seller, it's obviously great news that each hour, an average of 347 homes regain some positive equity and that the median home values also increase by $1.46. BUT, if you're a home buyer, this tells you that the longer you wait, the more you will pay for a home. The time to buy is NOW!
So don't forget to set your clocks back one hour on Sunday night and enjoy that extra hour of sleep. But don't forget to gain an hour in your home search, as well--each hour does make a difference. And those hours do add up!