1. Best month
In every real estate market, there’s always the best month to buy a house or best season to buy — even in a down market. Late summer is the best season to buy a house if you want a shopping experience with enough inventory to find a home you love while benefiting from sellers lowering prices before the fall. Therefore, the best month to buy a house in August.
2. Best year for market and economy
Market characteristics aside, you should plan to buy when it makes sense for your personal finances and moving timeline.
3. Consider your finances
Finally, Zillow suggests remembering that your housing expenses are only one part of your personal financial picture. Affording a mortgage and its related expenses can be a challenge if you’re also in the midst of paying medical bills, kids’ college tuition, if you’re retired, or have an unstable source of income.