Market Update
2008
The Best Time To Buy A Home
Is it best to buy a home when the market is alive with buyers and you can be sure that your own home will sell quickly if you find another that you wish to buy? Or is it best to buy when the market has cooled and sellers are more willing to accept both your offered price and the terms and timing you've asked for?



There is no satisfactory answer to this question. Perhaps the closest we might come to a viable answer would be to say that buyers should shoot for the time shortly before a slow market reaches bottom, when sellers are still flexible and prices are as low as they're likely to go. Ideally, then, the buyer would find and purchase a home, and then sell his or her existing home as the market begins to regain steam.



That kind of timing, though, is nearly impossible to pull off.



So we're left with this truth: The best time to buy or sell real estate occurs when you truly want and need to buy or sell real estate. Every market has both opportunities and pitfalls, and it's important to negotiate your way through them to the best possible purchase and sale with the guidance of a seasoned real estate professional you trust−someone with whom you are truly compatible. Don't leave this to chance. Find the best possible support and advice when you seek to buy or sell real estate... no matter the condition of the market! For expert advice call Beth at 425-450-5208.

Posted 2008-01-21 in 2008