However, this all could change if Covid wreaks more havoc on the economy without a relief package to save the day. At any point, unknown numbers of home seekers could rethink whether they want to buy amid such uncertainty, Teta warns.
The Worst Days to Buy a House
The housing market ordinarily speeds up around spring and chugs along into summer. Kids are out of school and people have time to shop around. Many families try to buy a home between May and August.
All of this translates into a lot of buyers competing for the same houses, which drives up prices and leads to more expensive real estate.
The worst day for buying houses, according to ATTOM Data Solutions’ analysis, is June 17, when buyers pay an average of 9.2% over the value of the home.
With more students doing remote learning, it’s tough to predict what buying patterns