When Is The Best Time To Buy Or Sell A Home?

When Is The Best Time To Buy Or Sell A Home?

Homes are one of the highest ticket items that most people are likely to buy or sell. It makes sense, then, that you would want to make sure that every part of your real estate transaction was as optimized as possible.

Below, you’ll learn everything you need to know about the best timing for selling your home in Chicago.

When Is The Best Time To Sell A Home?

The best time to sell a home is during the spring or summer. Homes sold during this time typically get higher offers, which makes sense when you consider the fact that most homes look their best during the time of year. As well, this is the time of year when it’s most convenient for families to move, since they’ll be able to move during summer break.

Because other homeowners know this is a good time to sell, this tends to be a competitive time of year. However, the number of motivated buyers on the market typically means that it’s worth being on the competitive market.

When Is The Best Time To Buy A Home?

The best time to buy a home depends on what you most value during the home buying process.

On the one hand, because spring and summer is the best time of year, it’s often the time of year when you’re going to be able to see the most houses. If you’re looking for something very specific, or you want to be able to browse thoroughly, this makes spring and summer the best time to buy.

However, cost-conscious home buyers will find a lot to value during November and December. People are significantly less inclined to sell during the holiday season, which means that the homes which are on the market typically need to be sold quickly. This means you can be a tougher negotiator during this time, since there are less buyers on the market to fulfill the seller’s needs.

Looking for a Real Estate Agent in Oak Park, Illinois?

You’ve come to the right place. Chris Garvey was born and raised in Oak Park, which means he’s intimately familiar with the area. Along with that, he’s been rated as a Five Star Premier Real Estate agent by both Zillow and Trulia. To put it simply? He’s ready to make your real estate transaction a success.

If you have any questions you’d like to ask or you’d like to start working with Chris Garvey, please don’t hesitate to reach out to us. You can do so by calling 312-434-3187.