Most people think that 'spring' is the perfect time to buy a house. Well, that might be the time when most people 'think' of the idea but is it the best time?
No .... actually there is less competition in January and February and prices are usually at their lowest. Prices here in the Schaumburg Area are usually pretty stable if not below what prices will be in the spring.
There are deals out there in the snow!
You bet! I wish I could get it through peoples heads that this is the time of year for action not hibernation.
The deals are all over the place & you have to be ready for them. Get your pre-approval completed & get yourself in the game before the 'other people' show up to buy homes too.
The more people that are in the marketplace make prices go up which is usually what happens every 'spring' market.
Why follow the herd?
Prices right now are not set at 'the max' the market will bear.
Further reading from NerdWallet.