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Homes For Sale in St. George, Utah

Contact Charlie Mowery

Phone: 435-619-3422


Jul 13, 2014

Best Time To Buy Or Sell A House

The housing market in the US economy has been a roller coaster ride over the past few years. But it looks like the market is finally starting to make a comeback, which is great for those who are trying to buy or sell their home in St. George, Utah. If you’re looking to participate in the housing market sometime soon, we have some important tips for when you should buy or sell to help save you the most money.

Buying Tips

Best Month:

The best month to make an offer on a home is in January for a couple of reasons. First, fewer buyers are willing to go out and look at homes during the cold weather, resulting in less competition. When there is less competition you don’t have to pay a higher price for the home that you want. Second, the sellers of the homes might feel more pressure to sell faster because of their previous holiday expenditures. This added pressure works to your benefit because sellers are willing to let their home go for less money.

Best Day of the Month:

The first Tuesday of the month. You want to make an offer early in the month because the seller just had to pay another house payment on a house they either don’t want, or can’t afford anymore. But why a Tuesday? The seller will probably be more worried about selling his home early in the week because he didn’t the previous weekend.

Selling Tips

Best Month:

Trends have shown that the best selling months are during the spring time. The warm weather is welcoming to house hunters to get out and look for a new home, cultivating competition in the market that drives the price of a home upward. Also, buyers feel more comfortable paying more for a home because they probably just had a hefty tax refund check deposited in the bank.

Best Day of the Month:

It’s best if you list your house for sale on any Thursday during the month. Buyers usually like to look at homes during the weekend because it’s convenient with their work schedules, and if you list your home on a Thursday it will be available that Saturday for showings. Another benefit of listing on a Thursday, is that your home will appear to be on the market for a shorter amount of time. This is great because buyers will be more motivated to pay full price because it hasn’t been on the market for very long.

If you’ve understood the tips we have given in this post, you’ll recognize that there are waves of good times to either buy or sell. Buyers should buy in January, and sellers should sell in the Spring. That being said, the most important tip we can give is to not get caught on one of the waves that benefits the other party. For example a bad wave would be for a seller to list their home during January. If you can avoid that you’ll be in good shape for saving as much money when you buy or sell a home in St. George, Utah.

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