The BEST Time to Buy a Home in 2024 Is........
Leigh Ann Parkinson
As an agent and appraiser for over 20 years, I guess my perspective is somewhat unique...
As an agent and appraiser for over 20 years, I guess my perspective is somewhat unique...
Realtor.com just named September 29 - October 5 the best week to buy a home in 2024.
Here’s why:
- Lower Mortgage Rates: Rates just hit their lowest since February 2023, which could mean real savings.
- Peak Inventory Levels: There’s been a significant increase in active inventory – see the chart below. And -- the first week of October is expected to offer the most choices all year.
- Less Competition: Buyer demand usually drops nearly 30% in the fall, which can give you more negotiating power. That means more savings.
Interested in how this might play out in a specific area around Nashville at your price point? Reply with any questions, and I’ll share the latest local data.