Timing any local real estate market is pure speculation most of the time. But there are some trends you can look for to help decide when it’s the best time to buy or sell a home (or rental property).
With experience and some basic trends, you can get better at timing the market and using that knowledge to negotiate the best deal possible. I recently wrote an article called Negotiation Secrets For Buying Real Estate, check it out if you want to learn more about negotiating real estate purchases.
Read on to find out more about how to time the real estate market.
Secret #1: Choosing The Best Time Of Year To Buy or Sell
The time of year that you chose to buy or sell a property makes a huge difference in your buying competition and price.
Quick Tip: There are many other factors to consider such as location, schools, and how safe the neighborhood is when valuing a property. The time of year directly affects all of these factors.
It’s good to research buying trends in your local area for the previous five years to identify any patterns to help you find the … READ MORE