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While everybody knows that buyers shop based on price range, there are many additional considerations to make when looking for a home. And, most buyers end up refining their criteria once they start touring homes. Ultimately, your home criteria should depend on your personal lifestyle and needs. Regardless of what you’re looking for, here are some general rules you should follow to make sure you’ll be happy with the home you buy for the foreseeable future.
What are the top features buyers look for in a home?
Today’s buyers are juggling many different priorities when it comes to buying a home, but according to the Zillow Group Consumer Housing Trends Report 2019, here are the features that rank as very important or extremely important to most buyers.
Neighborhood wants and needs for buyers
Safety: 82% say a neighborhood that feels safe is very or extremely important
In general, there are three ways to evaluate the best time to buy a home:
Best month: In every real estate market, there’s always a best month to buy a house or best season to buy — even in a down market.
Best year for market and economy: Broader market trends, the state of the economy and your local job market can also dictate a better or worse time to buy.
Best time for you: Market characteristics aside, you should plan to buy when it makes sense for your personal finances and moving timeline.
When is the best month to buy a house?
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 is August.