When is the Best Time to Buy a House?

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10/09/2021

 
 

Did you know that about 6.46 million homes were sold in the United States in 2020? 

The housing market is heating up, and that can be intimidating for a first-time homebuyer. If you are reading this, then you may be looking for any extra edge to try to save a few bucks on the cost of a home. 

One thing that can help you is knowing when to buy a house. This is your guide for the best time to buy a house. 

Best Time to Buy a House

The best time to buy a house in Nebraska is most likely going to be any time during the winter. 

Why? Because, that is when people decide to take down some listings, and it is around Christmas time. 

That usually means that people do not want to be in the process of moving around the holidays, so the time between Thanksgiving and New Year's becomes quieter. 

Around the country, it is a popular belief that January and February are the best months to buy a house. This is most likely true, as people might be a little more willing to sell and move after the holidays. 

But, in reality, December is the best time to buy a house. There is most likely going to be the least demand then and on top of that, in Nebraska, it gets very cold that time of year, so the weather may be a factor for completing a move. 

Worst Time to Buy a House

Now that you know the best time to buy, you should have an idea of when the worst time to buy is. The answer is in the summer months, June in particular. 

Some argue that the reason June is a bad month to buy a home is that it is a month that very much caters to families. This can be true due to the fact children are most likely out of school by then, possibly making it easier for a family that wants to buy a home to move. 

Of course, weather can be a factor here, especially in a state like Nebraska, as the weather is a lot more pleasant that time of year to complete a moving process like this. 

Another bad month to try and buy a house is April. Why is this? Because it is a month that a lot of people like to put their houses up on the market, so you may see a more competitive market for people that are looking to buy a home. 

In other words, try to avoid the spring months, and potentially even the summer ones as well. 

Buy a Home Strategically

After reading this, you should have a good idea of when the best time to buy a house is. Now, you just have to plan around that time of year and pull the trigger when you see a home you like. 

Are you ready to buy a home? Contact us to get started and to help you with all of your Nebraska home buying needs.