The busiest home buying seasons are spring and summer. Summer is ideal for many people and families to make a move and settle in before fall, the start of school and the holidays. However, there can be some advantages to shopping for a home in the winter.
In the winter, you’ll typically have less competition from other buyers. That means you may be able to avoid the multiple-offer situations and bidding wars many buyers have experienced in the spring and summer months. The selection of available properties probably will not be as large as it is in spring and summer, but the owners of the homes that are on the market in winter are often more serious and motivated to sell.
No matter what time of year you decide to look for your new home, a real estate agent can be a valuable partner in the home buying process. An agent can help you understand what to expect and help guide you through the home-buying process.