3 Reasons Why It Should Be (Slightly) Easier to Buy a House This Fall
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Oh, to be home shoppers in 2023 — they’ve been stymied by a triple-whammy of high mortgage rates, climbing home prices and flagging inventory in an exceptionally difficult market.
They may, however, be in store for a better fortune in the first week of October, when home supply, prices and competition are forecast to come into buyer-friendly alignment. New analysis from real estate listing sites Zillow and Realtor.com indicates that early fall could offer the best conditions of the year to buy a house.
That said, this year’s “best time to buy” may seem more like the best of the worst time to buy.
Best time to buy a home in 2023
- According to Realtor’s annual Best Time to Buy report, the first week of October could offer homebuyers up to 17% more active listings than were available in early 2023.