Real Estate News You Can Use 😏

Dated: September 15 2022

Views: 77


The latest real estate news for you



Jorge & Clara Hernandez

Your Real Estate Consultant for Life!


The Highest Producing Agents in South West Florida 



4b7c2937-f2f1-4e28-a454-c3f102d2b985 image







There’s no end in sight to rate hikes, but why?

14 Sep 2022










SEPTEMBER 14, 2022


Best Time to Buy a Home is Week of Sept. 25 Despite rising interest rates, fall is the best season to buy for hopeful homebuyers when it comes to home prices, competition and inventory.


SANTA CLARA, Calif. – As children return to school and the weather begins to cool, the off-season is offering up opportunities for hopeful homebuyers.® analyzed the numbers in its fourth annual Best Time to Buy Report and found the best time to buy a home across the nation is the week of Sept. 25 to Oct. 1.

This early-fall period will offer buyers a host of favorable factors, including more housing listings, less competition, and lower prices.


“After several years of an overheated housing market, higher mortgage rates are helping usher in more regular seasonal trends, which have pros and cons for home shoppers,” said Danielle Hale, chief economist, “If you’re flexible on your timing and can budget for higher rates, early fall can be a great time to secure a home, with a number of factors aligning to make it the best time of the year both in terms of price and competition. This is especially true for first-time buyers and others who are not trying to sell a home at the same time as their purchase.”

Since 2018, has analyzed home prices, inventory, listing views, and time on market, indicators that tend to follow regular seasonal patterns, to determine the best time to buy. Historically, the early fall has provided an ideal mix of market conditions, including substantial inventory, waning competition, below-peak prices, and a slowing purchase pace.


The benefits of buying during the “best week” include:


Reduced prices: Historically, an average of 5.2% of homes have price reductions during this period. As the market begins to stabilize after a frenzied couple of years, more than 6% of homes may have reduced prices during the best week in 2022. Nationally, this could translate into roughly 48,000 homes available at a decreased cost.


More listings: Although active listing inventory isn’t back to pre-pandemic levels, it has increased year over year and year to date. There could be 780,000 listings during the best week, 46% more than this year’s average to date.


Less competition: Fierce home buying competition has softened as mortgage rates rise. Historically, demand (as measured by views per property on during the best week to buy has been 26.9% lower than its July peak and 8.5% lower than the average week of the year.


More time to decide: Homes will stay on the market longer, giving buyers some breathing room to make purchase decisions. During the best time to buy, a typical home is expected to remain on the market for two weeks more than during the peak market pace in May and one week more than the average time spent on the market to date.

Methodology: analyzed six supply and demand metrics at a national and metropolitan level that follow seasonal patterns, using data for 2018-2021 period (2020 data was omitted due to anomalies caused by the pandemic). The metrics analyzed include: 1) listing prices, 2) inventory levels, 3) new “fresh” listings, 4) time on market, 5) homebuyer demand ( views per property) and 6) price reductions. Interest rates, which do not follow seasonal patterns, were not included. To account for 2022 market conditions, estimates reflect typical seasonal patterns layered on top of the most recent 2022 weekly data.


Each week of the year was scored from 0 to 100 based on the number of active listings. A given week scored highly if it had more listings compared to other weeks of the year. The other metrics were scored in the same way, such that each week had six different scores for active listings, new listings, listing prices, days on market, price reductions and views per property. In the case of prices, lower prices score higher. Same with views per property.


Each week was then ranked by the average of those scores. The week with the highest composite score was considered the best time to buy. This week represents a balanced view of market conditions favorable for buyers.



© 2022 Florida Realtors®




    Find the value of your home instantly! 




Looking for the #1 agents on Southwest the Florida?


Call/Text: Jorge & Clara Hernandez 239-878-5777

See all of my office listings here



Thinking of buying or selling this year?


We are happy to sit down with you and talk about it


Let us know if there is anything

in the world we can do for you!



Recent Market Activity

Just Listed

Open House


Call us today to sell yours fast!




We are always available


Jorge & Clara Hernandez

Starlink Realty 


My Website

Jorge StarLink b FB COver MASTER .jpg



Thank you for your time today

I look forward to working with you now or in the future

Clara & Jorge Hernandez




Facebook LinkedIn  Twitter  Instagram



Starlink Realty | 1567 Hayley Lane #205, Fort Myers, FL 33907

Trusted Email from Constant Contact - Try it FREE today.

Try email marketing for free today!

Blog author image

Jorge & Clara Hernandez

Jorge and Clara Hernandez are realtor who is driven by their dreams. As a resident of Florida for more than 40 years and Southwest Florida for over 20 years, they know the area as good as anybody you&....

Latest Blog Posts

Real Estate News

Powered ByPropertyBlastHOMES.comOwners need to sell 5000 bonus two buyers agent.Price: 325,000Key Features:Property Type: Single FamilyProperty Style: Ranch4 Bedrooms3 Full Bathrooms1,542

Read More

New Construction Opportunities Await! 🏑

Introducing new construction homes available on both your own lots and prime builder lots.Build on Your Own Lot: Have a piece of land that holds sentimental value? Dreaming of a home tailored to

Read More