There’s one week this fall when homebuyers could save $14,000. It’s almost here
It’s not the busiest stretch of the year, but home shoppers are about to slide into an early fall sweet spot that could save them money and make buying less of a headache. The week between September 27 and October 3 historically blesses buyers with lower prices, less competition, a buyer-friendly balance in inventory, and a slower pace, according to the latest report from Realtor.com . That week…
The week of September 27 to October 3 is poised to be a prime window for homebuyers in the upcoming fall season, potentially saving them up to $14,000 on the median home price. According to Realtor.com's latest report, this period offers lower prices, less competition, a balanced inventory, and a more relaxed pace compared to the rest of the year.
Senior Economist Hannah Jones attributes this opportunity to "elevated inventory, less competition, and prices that have eased from their seasonal high." With 13% more active listings than usual and 32% less demand than the peak season, buyers will face a slower-moving market with homes staying on the market about 13 days longer.
This week is expected to have 20% more inventory than the slower early months of the year, offering buyers a wider array of options. While the best week is a nationwide trend, it does vary slightly by location. In this year's instance, 13 of the top 50 biggest U.S. cities will enjoy these favorable buying conditions, including major cities like Atlanta, Austin, Chicago, Dallas, Denver, Houston, Los Angeles, Minneapolis, Philadelphia, and Riverside.
Buyers should take advantage of this window strategically, using it to compare homes and negotiate with confidence rather than viewing it as a deadline.
Written by urgent.news from Fast Company's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
