Not Just A Home Inspection…A Home Instruction!

How to Determine the Best Time to Buy a Home

Brought To You By Home Quest Home Inspection!

At some point, we all wanted to be homeowners and not just pay rent every month or move from one place to another to find an apartment that can suit our personality and budget too. People who have their own homes now know all too well what a struggle to finally call a house your home. Some people determine the best time to buy a house according to market conditions. Sure, it’s one thing to consider, but everything else about buying a house is all about you. 

Timing is a big factor in determining the best time to buy a house. Of course, assuming that you are financially and emotionally well-prepared for the big day, there are other important factors to help you decide when. If you time your purchase just right, pretty sure you can catch a great home perfect for you. 

What is the Best Month?

There’s no such thing as a guaranteed best month. But, as mentioned above, timing is everything. Real estate is local, so determining the best time ultimately depends on market conditions. However, there are some reasons why other months also affect the market and how it could turn out to be the best time for you. 

January to March means lower competition. During the winter seasons, there’s less inventory, fewer homes for sale, so lower competition. During this time, home prices are typically the lowest they’ll be throughout the year, so pretty sure you can catch some good deals at this time. The drawback is that the weather can be a real challenge. It would be pretty hard to drive around and view the actual look of the house. A home inspection can be quite challenging during this time too.

April to June means spring is in bloom. Springtime is, no doubt, a home buying season. Open houses are also more enjoyable during the warmer months. Houses and landscapes are easier to view and evaluate. Most importantly, your Newton CT home inspection is also easier to conduct, which you need before buying. 

However, because it’s a fairly enjoyable season, most families move when kids are out of school so expect a good number of competitions during these months. Bidding is much more common, and prices tend to pick up. You’ll also have less negotiating power during this time. 

July to September is the summer fever. If you think you can handle the summer heat and a little competition on the side, then this might be the time for you. The spring home-buying craze is over, so prices may start to return to normal and save you a lot. Open houses are pretty enjoyable during these months, and just like spring, home inspections are ideal. The hot weather is a pretty good time for testing the air conditioning units and how they can hold up to the heat. 

October to December, where the market is quieter. It’s not like you can’t find anything but the market may not have enough inventory. Price reductions are pretty common in autumn, though. For sellers whose houses did not sell during spring, the prices may start to reflect the seller’s motivation to find a buyer. 

To Buy Now? Or Wait a Little While?

There’s no ideal age, year, or month for you to consider buying a home. Just take into account these three important factors:

  1. Finances. Can you afford it now?
  2. Stability. Are you on the stable financial ground? 
  3. Lifestyle. Buying a home means aligning with your life goals, and settling down in a community you can strongly build a relationship with is pretty important.

So again, everything is up to you. After all, there’s nothing better than having a place to call your own and customize it all to your heart’s content. 

If you or someone you know is purchasing a home and needs a quality home inspector in Newtown, CT, be sure to give Home Quest Home Inspection a call (203) 951-0299 Today or Click To Schedule Online 24/7 Right From Our Website.

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Connecticut has the reputation for being one of the expensive places to live in the US, yet Shelton, CT has its real estate market poised for an upswing. Communities offering a mix of urban, suburban, and small-town opportunities, Shelton, CT is attracting more homebuyers, even those from the neighboring New York state. And if you’re looking at factors to consider on your informed buying or selling decision, Home Quest Home Inspectionyour premier Shelton CT Home Inspection company has got you covered.

Our licensed Connecticut home inspectors are dedicated to thoroughly evaluate all aspects of the home you are buying. All our inspections are performed with due diligence following the state’s regulations and ethics to make sure you won’t come across any unpleasant surprises in the long run.

We understand your home is a major investment. Our pros at Home Quest Home Inspection know what and where to look for issues, discuss “how things work,” deliver a detailed electronic report, and also share with you what needs to be maintained, repaired, or replaced, and why.

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