Tuesday, October 26, 2021 / by John Salkowski
Here’s why you shouldn’t worry about timing the real estate market.
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Trying to time the real estate market is impossible. I begin with that statement because I constantly get asked when the best time is to buy or sell a property.
The market changes every single day. It’s like a roller coaster; you have highs, lows, and flatliners. By flatliners, I mean that there are no changes in the market; however, the market still changes daily.
"The market changes every single day."
Historically, there are times of the year when the market is busier, such as springtime. There are also slower times of the year for real estate, such as around the holidays. However, we still have serious buyers and sellers around this slower holiday season. When the market is slow, prices increase, but when there’s more competition (such as in the spring), prices fall.
Instead of trying to do the impossible by timing the market, you need to figure out what is best for your current life situation. If you need to buy or sell, the month or season doesn’t matter. From our experience of being in business for the last 15 years, we’ve had closings, settlements, buyers going under contract, and sellers putting properties on the market every single day of every month. So don’t stress about timing the market.
If you have any questions about whether buying or selling now is right for you, please reach out to me via phone or email or contact one of our team members. There’s never any cost or obligation for speaking with us. We would love to be your real estate resource.