Last Updated: November 10, 2023

It's The Best Time Of The Year For Real Estate Buyers

Written By: Barbara L. Pearce
two people standing on a sidewalk holding each other while looking at the front of a house that has a tree in the small front yard next to the driveway

Every year, we post some version of the same message to buyers: If you want to buy a house, the best time to make an offer--if you are serious and can move quickly--is between Halloween and Thanksgiving. Sellers who really want to sell are beginning to come up against winter, and the end of the calendar and tax years. They have begun to heat their homes, and sometimes plow their driveways. There are fewer active buyers, and not all properties have as much curb appeal once leaves have fallen and flowers are gone.

Last chance at finding your new home

All of those factors taken together give buyers a last chance to buy in 2021. The number of multiple offers have declined in most areas, yet mortgage rates are still attractive. The choice of listings may be smaller, but more of them are actually going to be available for more than a day or two. If house hunting has been discouraging this year, think about giving it another chance this fall.

Prioritize Your Home Search

That means that you need to start now, at the beginning of October, so that you can be ready to go to contract in a month. Buyers, make your lists, set your priorities, and make sure that you are prequalified. Serious buyers are good buyers, and more likely to be decisive. If you use that logic to your advantage, you may be spending the holidays in your new home!

Home Buying

Pearce Real Estate is a full-service real estate company for Greater New Haven and Middlesex counties.  Check out the many real estate buying services that we provide, both in-house, as well as through our partners and affiliates.

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