New Report Answers When is the Best Time to Buy or Sell a House in Colorado and other states in 2018

2024-11-23 09:25:34 Home and Family

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Skyfor's latest benefit to real estate consumers is a weekly summary of the hour long radio show, called the "Barry and Larry Show" where the company's president provides commentary. The latest show aired Saturday, September 1st, 2018. This particular summary helps answer the question of when is the best time to buy sell a home. The author provides additional and alternative comments of the points made by the radio show.

The answer to this commonly-asked question of when is the best time to buy or sell a house may be found at http://buyeragentsearch.com/best-time-buy-sell-house-colorado-states-2018/

One of the factors that affects the trends and fluctuations in housing market is the seasonal change. Buyers and sellers might not notice it, but the change in weather, holiday season, or even the school year may have an impact on the price sellers are asking for their property or the money buyers are hoping to use to buy their home.

The author of the post states that January and summers are often the busiest time of the year for families to begin to look at properties online, and to choose an agent. However, closings can happen any month of the year. That number tends to be somewhat stable month to month.

The post goes on to note that there are many factors involved in deciding on the best time to buy or sell. These include the needs of the buyer or seller, the region, the neighborhood, and the specifics of the home. Bottom line for consumers is to buy or sell when the time feels right. Since interest rates cant be predicted the buyer should look at an acceptable monthly payment at the current rate, and compare that with renting, and then decide if all other personal factors come together.

Those who are trying to predict where the market is going my look at the Case-Schiller Home Price Index or check out Zillows historical market price reports.

The report addresses best strategies to market a home. It notes that If the price range of the home is near or under the median price, a complicated marketing plan isn't necessary. Sellers need to set the smartest asking price, and one way to get that information is to hire an experienced agent. It takes skills and knowledge from an agent to come up with a best selling approach. Most people know what price homes in their neighborhood recently sold for, but a more reliable and data-based selling price can be reached through the agent's expert analysis.

The summary report provides median price of detached home in six cities in Colorado, including Boulder, Denver, Longmont, Fort Collins and Aurora.

It is noted that the summer season in Colorado may be a factor that affects home sales due to the pleasant weather, but that factor may not weigh in as heavily in California where warm weather is more consistent throughout the year. Some areas like Dallas Texas have such hot summers that people may wish to get involved in moving more in the spring or fall. Families with school age children tend to line up their buyer's agent in the spring and then complete their purchase by the end of August so kids can get into new school systems.

The summary provides a list seasonal things homeowners need to look at and take care of prior to winter, and how to find the best agents in a new location that the buyer is not familiar with.

The author notes that real estate consumer advocate Chirstopher Elliott sums up the problem of when to buy or sell nicely. He says, When you have saved enough money for your down payment and closing costs, have good credit, a great realtor, are secure in your job income, and are ready for the commitment of homeownership,

Those wishing to buy or sell a home within Colorado may find a list of agents at the not-for-profit state association website, http://homebuyerscolorado.org.