Best Time to Buy? Best Time to Sell?

When is the best time to buy? When is the best time to sell? I get asked these questions constantly everywhere I go. In short, the answer is that it depends on your individual circumstances. Each person has a unique personal buying or selling situation, whether starting a new job, facing rent increases, retirement, etc.

However there are certain seasonal trends that govern the real estate market. Traditionally, Spring is the busiest time in the housing market. This past Spring we experienced a very strong seller's market with extremely low inventory and a bevy of buyers competing for those homes. Now, throughout the Summer, the inventory of available homes has steadily increased, providing more choice for buyers. The outlook for the upcoming Fall and Winter seasons remains strong. More properties on the market means that buyers have less competition for the same homes and may be able to get a better deal. In the late Fall and Winter, when inventories generally drop, homeowners who do decide to sell are more likely to capture the active buyers.

But the real answer to the question of timing is whatever makes the most sense for you financially. Homes are bought and sold every single day of the year, including weekends and holidays, so timing may be important but not necessarily crucial. What really matters and the question you should ask yourself is "Do I need to buy now?" or "Do I need to sell now?"

Brian Block is a Realtor with Re/Max Allegiance in Alexandria, Virginia. He is also a real estate attorney. He can be contacted at 703-626-0715. If you or anyone you know has real estate questions or is looking to buy or sell real estate in the Northern Virginia and Metropolitan D.C. area, contact Brian Block. For more information and to start your home search, visit his website at http://www.brianblock.com

Investment Real Estate: An Inexpensive Way To Get Started

If you are considering getting involved in investment real estate, let me offer some of... Read More

What Should You Do If Your Home Isn?t Selling?

It can be very frustrating to put your home on the market, expecting a fast... Read More

Selling Your Home Yourself ? Pricing It Appropriately

When you're selling your own property, whether it's a house, townhouse, condo, apartment, a finished... Read More

Searching for CLUEs: What Homebuyers & Sellers Need to Know About Homeowners Insurance

Homebuyers and sellers should be aware about issues involving homeowners insurance and the C.L.U.E. ... Read More

Let the Broker Show the House

Of course you're curious, and you'd like to see what goes on when potential buyers... Read More

How To Simplify Your Real Estate Buying/Selling Experience

Today's real estate consumer has a lot to consider during the sale or purchase of... Read More

For Sale By Owner Listings

Selling your home on your own, without a Realtor, is becoming less and less popular.... Read More

Should Sellers Order a Pre-sale Home Inspection?

One of the main reasons home sale transactions fall apart is inspections. This happens when... Read More

Easing Your Way Into Homeownership: A Guide To Low Down Payment Mortgage Programs

There's no question about it: Buying a first home is a big financial commitment. In... Read More

Buying a House in Scotland

Buying a house in Scotland is slightly different from buying a house in other parts... Read More

Buying a Vacation Home

You'd like to buy a vacation home, but you're not sure where to begin. Perhaps... Read More

Real Estate Investors: How to Get a Powerful Marketing Education for Free

I am a total geek.A few weeks ago, late at night, I wasn't in the... Read More

Investment Property Part I: How Not to Become a Slumlord

After riding the ups and downs of the stock market roller coaster for a while,... Read More

Selling Your Home: The Power of a Great Sales Flyer

Even though its importance is often overlooked, a great sales flyer is one of the... Read More

How to Buy Your Own Home

Buying Your First HomeBuying Your Own Home isn't nearly as complicated as some folks make... Read More

Dont Just GET THE DEED - The Infamous Kitchen Table Closing

Q: Hi Lou, I have a property under contract that I want to resell/flip as-is... Read More

Maximizing Curb Appeal and First Impressions to Sell your Home

We all know that a home or property of any kind, in order to sell... Read More

Real Estate Local FAQs.

There are many frequently asked questions and any local real estate area. In our area... Read More

Why Are Mortgage Notes Discounted Anyway?

When real estate note brokers purchase partially paid notes, they pay the note holder a... Read More

How Can I Stop Foreclosure on My House?

We understand the being in foreclosure is a scary thing. You are probably wondering how... Read More

How to Sell Your Own Home and Save Thousands of Dollars

Most people take the easy way out when selling their home and hand the responsibility... Read More

How to Become a Successful Real Estate Developer

Real estate investment and development has never been a more popular pastime or career changing... Read More

How To Build A Million Pound Property Portfolio

Looking to quickly build a million pound property portfolio? You could try a high risk... Read More

Buying an Unfinished Home Maybe Your Answer

For the first time "want-to-be" homeowner, purchasing an unfinished new home maybe just the answer.... Read More

FSBO - Selling Your Home FSBO (for sale by owner) ? Is It Worth It?

FSBO, what is it? FSBO means For Sale by Owner, and it's a term that's... Read More

Flipping or Fixing Houses for Profit

Many real estate investors make $5,000 to $10,000 or more by flipping houses. These investors... Read More

Searching the Hawaii Property Listings

Maui is an island so full of life and vivacity (perhaps because of the fact... Read More

Seller Objections To Lease Purchase

A large percentage of the mail we receive are from people that complain that sellers... Read More

The Person With The Most Money Wins!

More money can mean better:- Health Care - Relaxing Vacations and Adventures -... Read More

Buying Country Acreage and Rural Properties, To Buy or Not To Buy

Almost anyone can become a rural property owner; if you are willing to set goals,... Read More

Real Estate Bubble: Sophisticated Musical Chairs?

The real estate bubble is a hot topic today; annual appreciation and housing prices have... Read More

Property Investment - Buying A Holiday Home in Cyprus

Cyprus is fast becoming a property hotspot for thousands of British holiday home hunters disillusioned... Read More

How to Make Money from the California Real Estate Gold Rush

What do the Californians know that we don't?What is so special about California? Why is... Read More

Business Credit Card Dirty Tricks

My system teaches people that the proper use of credit is the fastest way to... Read More

Ten Big Mistakes That Will Lose That Property Sale

If you are serious about selling your home, you probably go to a huge amount... Read More

Home Selling: Making It Easy On Yourself!

It's a dream for many to buy and take ownership of a home. It's something... Read More

Is It Wise to Take My Home Off the Market for the Holidays?

Let's say you've had your home on the market for many months without a sale.... Read More

Buying Land Online

In the old days people generally only bought land and improved Real Estate in the... Read More

Buying Houses: Types of Bargains to Find

To make a good profit in real estate, you must buy right. Check out all... Read More

Basic Real Estate Valuation

Given the current interest (dare I say hysteria) associated with investing in dirt and buildings,... Read More

Important Information For Condo Buyers

Here is a step by step guide for buyers looking to buy a condo in... Read More

Fixer Uppers: Dont Make This Mistake

Making money with "fixer-uppers" isn't about repairing drywall or planting flowers. It's about using the... Read More

How Long Your Mortgage Runs Determines How Much You Pay

The first thing most of us think about when the time comes to take out... Read More

What to Look for in a Home

Searching for just the right home can be very exciting. You may plan ahead for... Read More

Understanding Real Estate Terminology

Purchasing a home can be a complicated and confusing process, especially for first-time buyers. Throughout... Read More

Buy FHA HUD Homes

FHA HUD homes are those dwellings that have been acquired by the United States Department... Read More

Property Auction & Why You Should Run A Mile From Them

That's A Funny Thing To Say About Property Auctions; They're All The "RAGE, Aren't They?"From... Read More

How to increase the Saleable Value of your Home

When selling your home, you'll want to fetch the best price possible for your home... Read More

Top 7 Reasons Why FSBOs Fail To Sell Their Home On Their Own!

In the United States, less than 10% of all For Sale by Owners (FSBOs), are... Read More

Evil Gains Entry

When we open our doors to strangers, we can never be certain what malice an... Read More