GOBankingRates works with many financial advertisers to showcase their products and services to our audiences.

These brands compensate us to advertise their products in ads across our site.

This compensation may impact how and where products appear on this site.

Estate Agent In Suit Showing Buyers New Apartment stock photo

Commitment to Our Readers

GOBankingRates' editorial team is committed to bringing you unbiased reviews and information.

you’re free to read more about oureditorial guidelinesand our products and servicesreview methodology.

Well, as it turns out, thewhencan be just as important as thewhere.

facebook sharing button

When homebuyers decide to shop for a house can make a significant difference.

So when exactly is the best time to buy a house?

Well, that answer depends on buyers individual needs, circumstances and priorities.

twitter sharing button

For example, are they looking for the cheapest price or the widest selection?

Also seeeight signs you should look for before buying a home.

This is especially true for neighborhoods with lots of school-aged children.

linkedin sharing button

A buyer could face a lot of competition in the spring because of the hot market.

This means bidding wars can drive up prices.

But if inventory is a prized commodity and money is no option, start shopping.

email sharing button

Winter usually affords the most room for negotiation.

Buying at the end of the year also has tax benefits.

Poirier said that July presents another opportunity for good deals.

With everyone taking summer vacations, its typically the least active month.

This time period is often referred to as the second spring market.

There is still a decent amount of inventory that isnt selling so fast, Poirier said.

Because of this, prices could be reduced.

Here is where timing an offer is especially important.

Those are the busiest times for lenders, lawyers and county recording offices, Poirier said.

Friday is another day to avoid if possible.

Lastly, the week of Thanksgiving may not be ideal.

Because this week is short, most people take off.

You all but guarantee yourself a problem if you venture to exit the week of Thanksgiving.

More From GOBankingRates

Share This Article:

The Latest inInvesting