Our Economy and New Homes

Many have said that now is the best time to sell or buy a home. Is this correct?

Buying a home after a catastrophe is a good time if you have the funds. Fall time is also a great option if you are deciding between the seasons/months (August-November).

Best home buy signals:

• temporary price depreciation/lull
• fall/winter season
• mortgage rate changes
• bad news/political upheaval
• avoid bidding wars
• look for properties poorly marketed or promoted
• avoid properties being sold by top Realtors in your town
• recessions/market crashes
• homeowner is having more trouble paying their debts (January, February)
• house is listed well below comps

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