Week in and week out at our open houses, we hear buyers say they are just scoping out the market and waiting to buy until spring. It’s true, spring is the busiest time of year in the real estate world so there are more listings on the market, but there are also more buyers. More buyers means more competition, making other times of year ripe for a good deal on a house.
While each year is different, spring tends to be more of a seller’s market with multiple bids and escalations for properties in popular areas that are priced right. Summer, fall and winter are typically buyer’s markets where you are rarely in competition with other buyers.
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