Buyers who are willing to purchase during the off-peak seasons- like fall and winter- tend to have the upper-hand, according to Jonathan Smoke @ realtor.com. September, in particular, is the best month of this year to sign a contract to purchase a home, according to his analysis.

    For one thing, supply is rising, providing home buyers with more choices of homes for sale than they've had in the past 10 months.

    "Normally inventory peaks in August and begins to slow as the nights grow longer," Smoke says. "But this year the typical seasonal decline will start a bit later. There will be more choices in September than any other month in 2015."

    He also says that the overall demand is down now that the school year has started so buyers will provide less competition this month too.

    As an added incentive to home buyers, mortgage rates are remaining low, for now. The 30-year fixed rate mortgage ended the week under 4 percent due to recent stock market turbulence. In June, 30-year rates were averaging 4.2 percent, but have since fallen.

    If you are in the market to purchase a home September may be your month!!

 

realtor.org