Now may be the best time to buy a house

Business

(WTVO) — If you’ve been thinking about buying a house, now may be the time to do it.

One Senior Economist calls this time of the year the Black Friday of home shopping.

Experts say in the spring and summer buyers with school-aged children are anxious to move and get settled before the school year starts.

According to analysts, many people who haven’t bought a home by mid-September typically put the move off.

Realtor.com says this time of year, nearly 6% of homes on the market have had a price reduction, and are on average 2% cheaper than their peak listing.

MORE HEADLINES:

For more local news, download the MyStateline app (iOS) or (Android) and subscribe with Alexa.

Follow us on Facebook, Twitter, YouTube and Instagram!

Copyright 2019 Nexstar Broadcasting, Inc. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

Trending Stories