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2007-11-24 06:25:37 · 5 answers · asked by leos_mama 3 in Business & Finance Renting & Real Estate

5 answers

Chances are that home prices will be stable or depressed during the winter. There are also several opportunities to purchase from people who have had their house on the market for an extended period and have to or want to move but have had few or no inquiries.

2007-11-24 06:43:45 · answer #1 · answered by googie 7 · 0 0

It would depend on where your buying a home. Traditionally the winter is the best time. But with the market now. Things maybe better in the spring. In our area there's many REO auctions being sold once they are recored. It become public information and apart of the compariables. Usually the auctioned homes go for less than what seller are selling so by having compariable prices lower asking price should come down.

I hope this is helpful. We're going to wait to buy.

2007-11-24 18:46:32 · answer #2 · answered by jazz 2 · 0 0

Winter. Anyone selling in winter is usually more desperate than a spring or summer seller. Holidays and school year make most people wait until spring to start looking, therefore more buyers would keep prices elevated.

2007-11-24 14:33:20 · answer #3 · answered by pumpdatiron 6 · 0 0

Depends on the state.

In Arizona the dead of summer is better.

I would suspect in the cold states the winter would be better since people would NOT want to fight the weather OR move when the weather is bad.

Terry S.

http://www.Welcome2Arizona.com

2007-11-24 19:11:28 · answer #4 · answered by Terry S 5 · 0 0

spring

2007-11-25 10:54:37 · answer #5 · answered by mahesh 1 · 0 0

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