Is it better to buy property at a certain time of the year
“Hello and welcome back to daily buying tips, I’m Dean Berman from Berman Buys.
Today we’re going to talk about whether it’s better to buy at a certain time of the year.
I guess as a buyer, this comes down to whether your in a good mood to look at properties or not.
In theory, it’s more preferred to be sunny than raining.
Resulting in a better mood and possibly better prices.
It’s been widely regarded that Spring months are the time to sell.
Prices should in theory be higher during that time.
It’s sunny, the birds are tweeping, properties look their best.
Like they’ve been training for a high end fashion show in Milan.
As a buyer this is an interesting point to note.
Winter are usually the months associated with poorer results.
Who likes freezing whilst searching?
In theory, the colder times of the year may offer some benefits as a buyer.
Then again, there’s no definite answer.
I think it really comes down to the property and the market at the time.
If the property is fantastic, it will probably perform well in most weather conditions.
If the market is strong then demand should be high, and vice versa.
One thing that can cause prices to fall is too much supply.
This isn’t a seasonal issue.
It’s simply building too much and the market not being able to absorb the new supply.
Either way, it’s always nice to get a little tan whilst searching.”…