When is the best time to buy an apartment?

When is the best time to buy an apartment?

2841

Surely many of those who are planning to buy an apartment analyze all possible options in order to “catch” a better offer. But are there any periods of the year when the chances of finding your dream apartment at a better price are higher? Find out in the article below.

Autumn

In most cases, the real estate market becomes more competitive in the fall, especially in larger cities. This phenomenon can be explained very simply - thousands of students come to study and, accordingly, look for housing starting in August. Based on this, many property owners prefer to rent out apartments rather than sell. Moreover, high demand brings with it a noticeable increase in prices for both rent and sale.

At the same time, autumn is a great time to look at apartments. Most of the population returns from vacation, the city becomes busier - which means that in addition to real estate, you can also analyze the availability of parking spaces, the intensity of daily traffic, the amount of time required to get to work, school and recreation areas.

Winter

During the cold season, the number of offers for sale decreases significantly. Thus, a small choice requires a more thorough and attentive search, as well as immediate decision-making when a suitable option appears. At the same time, inspecting premises in winter helps to form a more accurate idea of ​​thermal insulation, the quality of windows, and even the actual amounts for utilities during the cold season.

It is worth noting that real estate prices are slightly lower during this period. This is due to a decrease in consumer demand.

Spring

Traditionally, spring is the season when the real estate market begins to grow very actively. This is due to a significant increase in the number of proposals, with the arrival of citizens working abroad, as well as with the replenishment of funds in financing programs, such as the Prima Casa Loan.

Along with the increase in the number of offers, real estate prices are gradually increasing. Thus, the search becomes heavy and busy, and the purchasing decision requires more detailed analysis.

Summer

The summer season is “calmer” compared to spring and autumn in terms of offers, but not in terms of prices. This is due to the fact that most of the population is busy renovating their property, leaving the city or country, or simply waiting for a more “profitable” autumn period in order to sell their apartment at a higher price.

It is worth noting that in this situation there are a number of advantages - longer daylight hours and free traffic allow you to view a larger number of apartments in a short time, and low demand will allow you to negotiate a price reduction.

Thus, no matter when you start looking at real estate offers, it is important that you act quickly because “hot” offers sell instantly. In order not to lose a single offer, a whole series of useful tools awaits you on the CasaHub platform:

Save search filters – with this option, you will be able to view daily only those offers that fully meet your requirements, without having to install new filters again each time you access them.

Follow the price– with this function, the platform will automatically send you notifications when the price of previously saved offers is changed.

Conclusion

The key to getting a good deal in real estate is to act quickly, regardless of the timing you choose to analyze offers. Whether it's fall, winter, spring or summer, the CasaHub platform gives you the tools you need to make sure you don't miss out on great deals. Fall brings a competitive market, winter brings lower supply and prices, spring increases activity and prices, and summer opens up opportunities for negotiations and quick browsing due to lower demand. Save search filters and track prices to stay up to date with all the news and act effectively when choosing the desired apartment.