3 Reasons Fall is the Best Season to Buy or Sell a Home

Spring has long been considered the best time of year for real estate, but home purchases also pick up during fall, according to an ERA Real Estate Survey. The survey found that 40 percent of brokers and sales professionals attribute a new focus on real estate to the end of the vacation season. They also asked their brokers why:

1. Home for the Holidays: “As vacations wind down after Labor Day and people become more focused, the desire to be in a new home for the holidays is a historically strong driver of fall home sales,” said Charlie Young, president and CEO of ERA Real Estate.

2. Back-to-School Mentality: As Labor Day passes and kids go back to school, home buyers get down to business. The official end of summer also means the end of vacation season for many people, which means they’re refreshed and ready to refocus.

3. Tax Benefits: 10 percent of survey respondents found that their buyers want to have access to homeowner’s tax benefits before the new year. Homeowners can claim mortgage interest, residential energy efficiency and casualty losses, among other pay-backs.
Take advantage of the season by checking out Zillow’s listings and Open Houses near you.