Source: The Motley Fool —
October is upon us, which means it’s time for hayrides, pumpkin spice lattes, and Halloween decorations. But is it a good time to buy a home?
It all depends on your priorities and financial situation.
Here’s what you need to know to help you decide if you should consider looking to make an offer on a property this month.
Why October could be an ideal time to purchase a home
This month could be an ideal time to purchase a home for a few key reasons.
First and foremost, there tends to be less demand for houses during the fall months. Most people with kids want to be settled before school starts and aren’t looking for properties. Sellers know this, and they may be much more desperate to unload their homes if they have to move now. You’re likely to encounter lower list prices because of this and sellers will be much more willing to negotiate — especially if they really want to move before the arrival of the holiday season.
