Hi everyone.
This is your Tampa Bay realtor, Lance Mohr.
In this video, I'm going to go over when is the best time to buy a house.
What I'm going to talk about is the different months.
I'm going to over January, February, March, April, and go over the different months, and
tell you when is the best time that you should be purchasing a house.
I'm in the Tampa Bay market.
I'm not really sure what it's going to be like a few months from now.
It still could be a seller’s market.
Maybe it might be just a stable market.
I'm not really sure.
I also want to tell you, if you are looking at buying a home ... Maybe you're looking
in another four months, six months, eight months, you might want to think about buying
a brand new home, because if prices are increasing, you're not having to wait.
That's just an option for you.
Let's start off.
Let's talk about January, because that's the month that we're in right now.
Now, January is usually a really good month, because keep in mind, November and December
are the two slowest months of the year.
January, what happens, all the homes that didn't close in December, are rolling over
to January.
The builders want them off their books.
I'm not saying they're just going to give them to you for a real steal, but you're going
to get them at a really good price.
January is always a good time to buy a home.
Now, we are in a seller’s market right now.
I actually looked, the last two years in January was a very good month.
A lot of the builders, at the end of January started to raise their prices.
Some of them actually started in the beginning of February.
So far, I was at a couple builder's homes, and both of them have told me that they're
already past where they were for last January.
We'll see what happens, but overall, take a look.
Check out January.
It's a good month to buy a home.
Now, February is also a good month to buy, probably not necessarily like January, if
it's a seller’s market, because everything that was left over from December went to January.
Then, we're in February, and February's still a pretty good time to buy a home.
People are generally looking.
They're not always pulling the trigger in February, though a lot of them will.
Now, when it comes to March, every year March is probably the best month.
It's just really good.
The reason March is so good, is because if you're looking at buying a home, you generally
want to get in in the March time frame.
That way, you're in the home in the summer, June, July, August, et cetera.
If you have kids, you're wanting to get settled into school.
March is always an excellent time to buy a home.
Now, when we start going into April, it really depends where you're at, because if you're
in the lower price ranges, where you have to worry about your taxation, generally April
is not as good as it's going to be in March or May.
April is never as good as those two months.
Depending on where you're going to be, if you're in the lower price bracket and you
have to deal with your taxes, you might have to wait a little bit.
If you're in the higher price bracket, I think it will still be a pretty good month.
When you get into May, again, May's one of the busiest months, because most schools are
ending at the end of May.
A lot of them are ending in June.
May's always a really good month, because people want to get into a home.
They want to start really going out and starting looking at homes in May and June, July, et
cetera.
May is actually a very hot month.
Let me just say this, because we're not quite in the summer yet.
I'm not telling you should buy a home in January.
Or, you should buy a home in May.
Or, you might want to buy a home in December.
I'm just giving you the different options, so you know how things go.
Now, keep in mind, we're in a seller's market, the prices are going up.
You need to understand that.
Whether it's just a little seller’s market, or whether it's a big seller’s market.
Now, when we get into June, things generally will slow down in June.
The reason why they slow-down in June, is because everybody's graduating.
You have people graduating first grade, sixth grade, high school, college.
Everybody's graduating, so parents, grandparents, everybody's flying into the city.
June is a good month.
Now, when you start getting the first half of June, it tends to get a little slower.
When you start going past, maybe, the 12th or the 15th, it actually starts picking up
quite a bit.
Then, we go into July.
July's always a really good month.
We're in the summer.
Everybody's off.
July is a great time.
August is also a really good time.
School's, a lot of them, start to get back in in August.
It's not like what happened in June, when the schools were getting out.
People aren't quite in that hustle like they were in the June.
There's still a little bit of a slow-down, usually, maybe a week or so before the schools
get in in August.
August is also a very good time.
Now, we're starting to go into September.
September is still a really good month.
It's not going to be like it was in August.
It's not going to be like it was in July.
It's still a very good month, and a good time to buy.
When we start getting into October, you're really going to notice things start to slow
down, because we're starting to get into the winter months.
These are the three slowest months of the year, October, November, December.
October will be slower.
Again, it's not going to be like it was in September.
You're going to see it slow down a little bit.
Then, when we get in November, it really starts to slow down.
The main reason it starts to slow down in November, is because the Daylight Saving Time.
We still have the Daylight Savings Time.
We're going to go back, and it's going to be a lot harder to look at homes, because
maybe the homes will be ... maybe they'll be dark by 6:30 or 6:00 or 5:00, or whatever
they're going to get dark by.
It's not as good a time to buy a home.
When you get into December, December is okay.
There's a lot of closings in December, because especially when you're in a state like Florida,
that I'm in, and we have homestead laws.
Everybody wants to be in in December, so they can get those Homestead Exemptions for January.
December's a really good time to buy.
Now, I've personally bought a home.
I think it was either December 23rd or December 24th.
It's because the home was fully complete.
It was a really good home.
I was closing in January, so it was a really good deal.
You want to tend to look at these in December, and in January, and see what you might be
able to get, because as the homes start increasing, if we are in a seller’s market, they will
be going up.
Again, I don't know what's going to go on in the year.
I want to tell everybody the same thing.
If you're buying a home, there's two things that you need to do.
Number one is hire a really good real estate agent that knows what they're doing.
The second thing is, hire a really good home inspector who really knows what they're doing.
Now, if you're in the Tampa area, I would love to help you.
I'll put my contact information below.
Just give me a call.
If you're in another area, and you're looking at buying a pre-owned home, or a new home,
and you don't really have an agent, I know people all over the country.
I could definitely set you up.
Just put your information below, and I could help you out, as well.
If you have any questions, don't hesitate to put them in the comments or just give me
a call, or fill out one of my email forms.
I would love to help you.
I do these videos to help you.
If you do have any questions, please make sure they're in the comments, or send me something,
and I'll try to do a video on it.
Thank you very much.
I wish you the best of luck, whether you're buying a home, or selling home.
Have a great day.