When the weather outside is frightful, trudging door to door to look at houses might seem like a fool’s errand. Everybody knows spring and summer are the home-buying seasons, and winter is the time when you—and sellers—cool it for a bit and take a break, right?
While it’s true that things do slow down in the winter, that’s not necessarily a bad thing. Yes, it’s cold. Yes, fewer homes are for sale. Yes, moving in a snowstorm is a pain no one should experience. But there are quite a few darned smart reasons to buy a home in the winter. In fact, we’d argue that this might even be the best time to buy a home—if you can. Here’s why.
Home prices in January typically take a dip compared with the summer buying season. In its report, NerdWallet analyzed two years of Realtor.com data for the 50 most populous U.S. metro areas and found that in January and February, home sales prices were 8.45% lower on average than in June through August.
Follow these links for more information:
6 Reasons Why Winter Is Actually the Most Chill Time to Buy a Home
Why January Is the Best Time to Buy a Home