Best & Worst Time to Buy a House: Month-by-Month Analysis

The United States housing market has rebounded from the 2008 crash. If you bought a property at the lowest point of the recession and still own it, your asset has likely appreciated by 25% or more. The housing market is predicted to decline in 2020, so what is the best month to buy a house?

To help you decide, we compiled historical national housing data from the Federal Reserve, Census Bureau, National Association of Realtors (NAR), and Zillow. We then determined the best and worst time to get a deal on a house. We also discuss other factors that buyers may want to consider when timing their purchase, such as the number of homes on the market.

Best & Worst Months to Buy a Home

The real estate experts we talked with said price was the main determinant when deciding what is the best month to buy a house. Buyers

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It’s the Best, and Worst, of Times for Business in Florida, Survey Finds | Investing News

Reuters

FILE PHOTO: An empty street is seen in Little Havana, Miami, after local authorities restricted the activities of restaurants, bars, gyms, movie theaters and other similar businesses for precaution due to coronavirus disease (COVID-19) spread, in Miami, Florida U.S., March 23, 2020. REUTERS/Carlos Barria/File PhotoReuters

(Reuters) – Florida is one of the five best states in the nation in which to do business, according to a new survey. It’s also one of the five worst, according to the same survey, thanks to COVID-19.

Every three years, Development Counsellors International, an economic development marketing firm, surveys executives to rank business climates in the various U.S. states. For the first time since they began doing the survey in 1996, a single state landed in the top five in both categories: Florida. The DCI report was released on Tuesday.

“The rationale for Florida being on both the best and worst lists was

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London Luxury Homes Suffer Worst Rental Slump in Over a Decade

(Bloomberg) — It’s a pretty good time to be renting a posh London pad.

The price to lease a home in the capital’s wealthiest areas slumped by an annual 8.1% in September, the steepest in more than 10 years, according to broker Knight Frank. Landlords are flooding the market with short-term rentals as tourists stay away from the capital, and more owners are opting to rent out properties amid the pandemic uncertainty.

The pain for owners in London’s priciest districts will likely continue into the current quarter, with Knight Frank forecasting a 9% decline for the whole year. Step outside the capital, though, and it’s a different story: nationwide rents are going in the other direction as renters search for homes with more space and larger gardens.



chart, histogram: London's Falling


© Bloomberg
London’s Falling

Rents also slipped as international students snubbed high-end properties in central London, the report said. Less interest from corporate

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