How to easily save $10,000 just by picking the best month to buy a house

<<>> The best month to buy a house is usually when you’re ready. But if you’d like to save 10,000 or more, read this article to learn the best month to buy a house. Timing is one of the most important criteria when buying a home. I’m going to give you a secret that could save you up to $10,000 or more on your home purchase.

Most home buyers will begin looking for homes slightly before public school students get out of school for the summer. Home buyers do this for several reasons. One of the main reasons is so that their children will not have to switch schools in the middle of the year.

Secondly, home buyers and home sellers do not want to move when there is a high probability of rain or snow. If the roads are icy, home buyers and realtors alike will not want to drive around and look at homes. This happened year after year in every real estate market across the world. But guess what. This is the exact time that you should buy your home. Let me explain.

Realtors in my area have told me that activity will increase and their clients will get serious about looking for homes closer to the end of the school year and closer to when the weather gets nice. What’s interesting is that realtors understand this natural cycle, demand will increase and home prices will increase during the months of June and July. As a full time real estate appraiser, I can attest to this truth, as my business gets busier during this time of the year. You see, it is simply supply and demand.

What’s more interesting is that real estate studies published from MLS data show year after year that there is a clear trend of home prices increasing in the months of June and July. For example, from May to July, average home prices increased 5% year after year for the past three years. After July, home prices began to decrease by an average of 6% until September. After this month, the sales data stabilizes September, October, November and December these same trends appears year after year.

So the next time you’re in the market for a home, all other criteria being equal, do not buy a home in June or July. This is the easiest way to save $10,000.