If history holds to form, cooler fall weather will be giving rise to a less competitive housing market. And that could mean a fresh opportunity for would-be buyers who were left frustrated or fatigued by bidding wars and those now-you-see-it-now-you-don’t listings.
An analysis by Realtor.com finds that buyers in the fall typically encounter 18 percent less competition than at peak homebuying season in the summer. And with less competitive pressure comes the likelihood that homes stay on the market longer, allowing you more time to weigh your offer, compelling homeowners to invest more into sprucing up their properties, and improving the possibility of spending less than you might have paid in June or July.
