Ultimately the right time to buy is whatever is best for you. Buying a home is more than just a wise investment; it is also about how you can best take care of your family. With that in mind, there are some differences to consider in timing if you are flexible:
January & February
Inventory is starting to pick-up for the Spring rush, but there aren’t many buyers out yet. So, if you want some quick appreciation (all of the year’s appreciation comes in the first six months of the year) and not as much competition, buying early in the year may be beneficial to you.
June & July
As a home buyer over the summer months, you will have a lot more inventory to choose from, but you will also face more competition and have to pay more to get the house you want.
September & October
Inventory is at its highest, but the buyer pool is starting to drop off. This is the sweet spot of having a lot of options to choose from and little competition.
November & December
November and December is usually the least expensive time of year to buy a home. However, you will not have as many options to choose from.
The team at Relevate would love to help you buy your dream home in the Denver area. Please contact us today to let us know how we can serve you!