Autumn is the perfect time to buy a home

House: Rick Martinez / iStock  ~ Sign: BDNZ / iStock

The fall is the perfect time to sign a contract to buy a home. Here are three reasons why:

1) More Choices: Surveys conducted by Realtor.com show that in 2015, listing inventories have been steadily growing and this fall, property inventory stats are at an all-time high. Take your pick!

2) Lower Prices, Less Competition: Once school starts, demand for home purchases always declines. But this decline also means prices come down, and there is less competition.

3) Low Mortgage Rates: The recent turbulence of the stock market has lowered mortgage rates. Signing a contract to buy a home now will enable you to lock in at a lower rate before those rates rise again.

To read more, link to this article written by Jonathan Smoke at Realtor.com

Don't wait! If you've been looking all year to buy a new property, now is the perfect time. Act soon, and you can easily have a closing before Thanksgiving!