School has started, should I buy a house now?

As summer comes to an end and the back-to-school season begins, many potential homebuyers may be wondering if now is the right time to make a purchase. While the spring buying season may have come and gone, there are still plenty of opportunities for buyers and sellers alike in the current real estate market.

For buyers, the fall season can offer some unique advantages. With most families settled into their new school routines and holidays still a few months away, there may be less competition for available properties. Additionally, with the spring buying season over, sellers may be more motivated to negotiate on price and other terms of the sale.

For sellers, the fall season can also be a good time to list their home for sale. While the spring may be the most popular time to sell, there are still plenty of motivated buyers throughout the year. In fact, some buyers may be more serious during the fall season, as they may be looking to move before the winter holidays or before the new year begins. Additionally, with many people settled into their routines for the school year, there may be less competition for attention from potential buyers.

Of course, one of the biggest factors for many buyers is affordability. It's no secret that the Sacramento Valley has had significant home appreciation over the last few years. Combine that with some of the highest interest rates we've seen in the last 10 years and it can be hard for some to be able to comfortably afford to buy right now.  Due to those factors buyers should definitely be cautious when buying. Always be sure to get a home inspection, termite inspection, and home warranty to help safegaurd your purchase.  Additionally, it's important to shop around to ensure one is getting a good deal on their mortgage.

Overall, the fall season can be a great time for both buyers and sellers to make a move in the real estate market. While the spring buying season may hold more appeal for many, the fall can offer unique advantages for those who are willing to take advantage of them. With the right real estate agent by your side, you can navigate the market and find the property that meets your needs and budget.