Top 10 Home Discount Days

Homebuyers and investment property buyers alike can take advantage of the winter doldrums to realize the biggest discounts on home prices.  Based upon national sales data of single-family homes and condos from 2013 to 2017, there are 10 specific days that show the greatest home price discount.

This means if you want to get the best deal you need to be submitting offers very soon. 

Starting a home search around Halloween and submitting an offer prior to Christmas is not a common path to home purchase for most buyers and exactly why it's the best time to buy!!!

Consumers can save an average of approximately 1.5% or between $5,000 to $8,000 off the sales price by striking at the right time. With home affordability becoming a greater and greater issue, savvy homebuyers will find and use whatever advantages they can. Buyers and investors willing to start their home search right about when stores are setting up Christmas decorations will face less competition and likely be dealing with more motivated sellers, giving them the upper hand in price negotiations. 

So, drum roll, what does the national sales data show as the ten best days for a seller to make an offer?

Number 10.           December 8th

Number 9.             February 9th

Number 8.             November 9th

Number 7.             October 12th

Number 6.             December 1st

Number 5.             December 21st

Number 4.             December 29th

Number 3.             December 4th

Number 2.             December 7th

Number 1.             December 26th

State Bank has an experienced team of mortgage bankers ready to assist you with your home-financing decisions.

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