When are home sales the slowest?

Although right now is typically a slow period in real estate, I am predicting a hot real estate market for the 4th quarter of 2019.

The reason is that buyers have been experiencing heavy competition for the last several months, have had their offers rejected, but are still very motivated to buy a home.

All those buyers that have not had any luck lately will be hungry and ready to pounce on any new listings that come up.

That should make for an interesting end to the year.

Home sales are the slowest in the 4th quarter

The 4th quarter of the year (October, November, December) is usually when home sales are the slowest.

The reason is that everyone is busy with the holidays that come up during those months.

A buyer may put their home search on hold because they are having their family stay at their home for #Thanksgiving.

Or maybe it's more important to a home buyer to go to all the holiday parties instead of focusing on finding a home.

No matter what the reason is, the 4th quarter is typically the slowest time of the year in real estate.

Having said that, the real motivated buyers and sellers are still out there trying to make a deal happen.

Some of the best deals I have seen have gone down during the holiday season.