When is the Best Time to Buy a House?
One question many homeowners and home buyers ask is “When is the best time to buy a house?”
This past summer has seen a historically low number of homes available for sale across Des Moines. Couple that with the rapid pace of home purchases and the low-time-on-market for many of those same homes, and we have had the perfect storm here in Des Moines.
It is hard to say for sure when the best time to buy a house in Des Moines really is, but from Space Simply’s perspective, the best time to buy a house is when inventory is higher and buyer demand is low.
Think of it this way: When we come out of a long, cold winter, everyone is eager to get moving; both literally and figuratively. Houses come onto the market and buyers are ready and eager to purchase and move into their dream home.
In the colder months, most people are not thrilled with the idea of shopping for their dream house, so demand typically declines.
Therefore -- if you are able to wait
-- the best time of year to buy your next home in Des Moines is likely to be between October and November when inventory is at its highest and demand is the lowest.
Have Questions? Contact Space Simply!
Space Simply's agents are ready to answer your questions about all things Des Moines and to get you prepared to find the home of your dreams. Send us a message or at (515) 423-0899 to discover how we can help you find the home of your dreams all around the Des Moines metro.
View this content and more! Sign up for a FREE membership. Start Here